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The homes sold under $1 million accounts for the 94% of sales pending properties and 85% of inventory of April 2011. Compare this to 91% of sales pending and 84% of inventory in March; April has clearly dominated the share rates. Inventory has increased by 38 homes, from 120 in March to 158 in April. Sales pending, however, slightly decreased from 67 in March to 65 in June. As a result, inventory relative to sales pending has increased from just one.8 months in March to 2.4 months in 04. Again, this is still good news as inventory shows several of available properties discover.
31% of San Ramon’s inventory at the end of August, compared to 30% for July and 26% in June was due into the homes priced below $1 million. Twelve homes were listed under this price segment in the end of august, 16 for July and 13 for June. Also from this price range was the 54% of sales in pending inside the month of August, in comparison to only 40% in July and 45% in June. This happened as a result in sales in pending sharply increasing in August at seven, from two in July and five in June. Inventory relative to pending sales showed wide swings with 2.6 months in June, increasing to 8.0 months in July then back right down to as little as 1.7 months in Aug.
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