Gale Ranch Housing Report 2012 to 2013- this information is important for sellers and buyers in Gale Ranch to understand the home pricing. Gale Ranch is a sub division located in the Dougherty Valley in San Ramon. Mixed housing in Gale Ranch includes condos, townhomes, single family homes and affordable housing projects. Gale Ranch consists of phase 1 and 2. Phase 1 includes homes in Alta Mira, Vestrella and Phase 2 includes homes built off Dougherty and Bollinger Canyon roads.
In 2012, the average sales price of condos and townhomes was $365,714, which was 2.16% higher than the average List price of $357,997-average of $295/sq ft.
The price increase per sq/ft from 2012 was an average of $50.00; this is an increase of 17% in one year on the town homes and condos. This jump in pricing indicates a healthy market in Gale Ranch, despite the fact that the builder is still building homes in the area.
Single Family Homes in Gale Ranch also saw a sizeable appreciation in 2013. In 2012.
The sales price to list price ratios in 2012 for single family homes in Gale Ranch was -0.37%. Per sq foot average was $300. There was a higher number of homes available for sale in April-June but there is always lesser amount of inventory of resale homes available in Gale Ranch and opposed to Windemere. In 2013 the per sq ft values changed by 11% from 2012- $336/sq ft in 2013 as opposed to $300/sq ft in 2012
The number of homes sold in Gale Ranch from 2012 to 2013 also increased. Inventory in the first quarter in Gale Ranch was tighter than the 2nd and 3rd quarter.
Average List price of Single family homes in Gale Ranch increased dramatically YTD in comparison with 2012, with the exception of July 2013 was lower than July 2012.
Here is a chart that shows that Sold prices of single family homes in Gale Ranch consistently out beat the sales prices in 2012.
Here is the data for Sold homes in Gale Ranch October 2012 and 2013 showing substantial gains in the last 12 months
In October 2013 the average per sq foot price of single family homes in Gale Ranch was $342 and in 2012 it was $308/sq ft. For town homes and condos, the price per sq foot value in 2012 was $225/ as opposed to 2013 when the sold price jumped to $ 359/sq ft !!
This data is important to people who are thinking of selling or purchasing a home in Gale Ranch, San Ramon. For a private consultation, please contact Rama Mehra at 9256981815 and let us assist you in your decision !
Gale Ranch Housing Report 2012 to 2013