Bernards San Ramon Valley Real Estate Blog

Danville, California

Observations and information of interest to home buyers and sellers in San Ramon, Danville and surrounding areas in Contra Costa's San Ramon Valley. Real estate market updates, happening's and reviews of local area restaurants.

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Broker's Tour Update and Market Review

Jan. 19, 2006

78 homes on Brokers Tour today. There are plenty of homes on the market for buyers to consider. Look at these numbers:

 

Homes Currently Listed For Sale on the MLS

 

San Ramon: 200

Danville: 117

Blackhawk: 38

Alamo: 29

Walnut Creek: 114

 

If I was going to list my home for sale anywhere in this area right now and I really wanted to sell it quickly I would want to be sure that the price was very competitive with everything else on the market. It's all very well to base a sale price on comps over the past 6 months (the only realistic approach in a rising market) but when there is that much competition out there, it is fairly obvious that the most important question a seller has to ask is "Are there other homes on the market at or below the price of my home that look like better value?" If the answer is "Yes", the price is too high.

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