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3 Year Real Estate Market Comparison in Windemere

3 year Analysis of Windemere San Ramon Sales

It is always interesting to see the historical comparison of what is happening in any given real estate market. I just happened to pull some statistics which seem very interesting.

The market from 2008, observed quarterly till current quarter in 2011. The housing market in Windemere dropped nearly 40% in 2009 but in 2010 it recovered almost 35% in prices.

The prices are expected to go up in the near future. The completion of new homes, lower inventory, lesser days on the market are favorable for price increases.

3 Year Real Estate Market Comparison in Windemere
The number of listed properties from 2008 is down 11% and the number of sold properties is up 57%. This indicates low inventory and increased demand.3 Year Real Estate Market Comparison in Windemere
The number of pending( under contract) properties from Q1 2008 to Q 1 2011 is up 6%.

Now the prices from 2008 to 2011 shows a drop of 6% which is a huge recovery considering that in 2009, the prices dropped dramatically due to the economic downturn and uncertainty in the market. Quite a phenomenal recovery, I must say !
3 Year Real Estate Market Comparison in Windemere
If you want to know the current Value of your home, contact Rama Mehra at 925.698.1815 or fill out this Home Value Request.

If you are looking to buy a home, look no further. I have tremendous experience in selling homes in Windemere.

3 Year Real Estate Market Comparison in Windemere

 

Filed Under: Blog, Blog Post, Real Estate News, San Ramon, San Ramon Area Information, San Ramon Market Reports, Windemere market report, Windemere Market Update

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    5/5

    It has really been a pleasure for us to work with Rama Mehra who helped us buy our first home. We were first time home buyers and Rama guided us patiently throughout the buying process. She understood our requirements and budget constraints and gave us a realistic picture of the market situation and showed us the inventory that met our constraints. She is an area expert in Tri-Valley region and she keeps touch with her clients even after the escrow process, keeping them updated on the market performance. We strongly recommend Rama and will be glad to do work with her for our future real estate needs.

    01/15/2015 Read More
    Raghu & Supraiya (via Zillow)
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