Checking this week’s MLS stats, we see continuing improvement in the Dublin and San Ramon real estate markets. Take a look at the charts.

The San Ramon CA real estate market is actually looking quite sane when you compare it to last year’s where bloated inventory and falling sales were the norm. If the trend continues, San Ramon could wind up being one of the best, in terms of transaction activity, local real estate markets this year. Keep in mind, that this activity is, in part, being driven by the housing price correction of the past two years. There are some great deals available in San Ramon today.

The Dublin CA real estate market continues to improve, but the continued worry in Dublin is the pressure from new home builders. Discounts and incentives from new home builders are putting pricing pressures on re-sale owners. An example is a builder who has a new unit priced about $100K under the exact same units on the market that were purchased 2 years ago. The news isn’t good for homeowners when builders do this. Homewoners wanting to sell now have to take a price beating and homeowners wanting to sell next year will still be feeling the effects of those discounted prices as they will set the new comp levels for market analysis.

And look at Pleasanton & Danville, notice the climbing inventories (reaching last summer highs) and and falling sales. There will be some hardball negotiating happening in Danville & Pleasanton CA this summer.

Keep a close eye on these markets with ourLocal Market Detail Reports which are updated weekly and break data down by zip code and pricing point.