Gale Ranch San Ramon Market Update June 2015
Nine homes are actively listed for sale in the Gale Ranch neighborhood of San Ramon. The homes have been on the market for an average of 19 days at an average price of $1,088,667. The average price per square foot is $424. None of the active listings are distressed (short sale or REO).
Seventeen sales are pending. The average list price of the homes pending sale is $1,058,863 or $446 per square foot. They have been available for an average of 15 days. None of the pending sales are distressed.
48 sales closed in the past six months, compared to 33 in the prior six month period and 40 in the six month period a year ago. The most recent 48 closed sales were for nearly 102% of the average list price and were listed for an average of 19 days. The average sales price was $1,019,104, which was $431 per square foot. 1435 Asterbell Drive was a short sale.
Gale Ranch is a large planned community in Dougherty Valley. It offers a variety of homes, from 1500 feet to 4500 feet, some built in the early 90’s and a new phase begun in 2003. The development contains a pool.