Market Trend - January 2025 Update

San Ramon Valley, Tri-Valley, and Diablo Valley Market Trends 

Market Overview

The real estate markets in San Ramon Valley, Tri-Valley, and Diablo Valley have exhibited notable trends in the past month:

• San Ramon Valley: 

  • Danville (including Blackhawk): The median sales price for detached single-family homes was $2.1 million, with properties selling in an average of 28 days. Sources: Realtor.com, Zillow

  • San Ramon: The median sales price for detached single-family homes was $1,770,000, reflecting a 7.5% year-over-year increase. Homes sold in an average of 28 days, with properties typically receiving multiple offers. Source: Bay East Association of REALTORS® (BEAR)

  • Alamo: The median sales price for detached single-family homes was $2.5 million, with properties selling in an average of 41 days. Source: Realtor.com

• Tri-Valley Region:  

  • Livermore: The median sales price for detached single-family homes was $1,300,001, with properties selling in an average of 20 days. Source: Bay East Association of REALTORS® (BEAR)

  • Pleasanton: The median sales price for detached single-family homes was $1,805,000, with properties selling in an average of 34 days. Source: Bay East Association of REALTORS® (BEAR)

  • Dublin: Data for December 2024 is unavailable in the provided sources.

Q1 2025 Trends

As we progress through the first quarter of 2025, several key trends are anticipated:

• Buyer Activity: Realtor.com projects a seasonal increase in buyer interest as spring approaches. Economic conditions, including potential mortgage rate fluctuations, may influence buyer behavior, with some exercising caution.

• Inventory Levels: There is anticipates a gradual rise in property listings, providing buyers with more options and sellers are encouraged to ensure their homes stand out by offering competitive pricing and quality staging per California Regional MLS (CRMLS).

• Pricing Trends: While home prices in the region have shown resilience, the rate of appreciation may moderate. Zillow.com’s analysis suggests that pricing homes appropriately will be crucial in attracting motivated buyers in a competitive market.

Your Next Step

• For Sellers: To capitalize on current market dynamics, ensure your property is well-prepared and competitively priced. Highlight unique features, and maintain flexibility during negotiations to appeal to a broader range of buyers.

• For Buyers: Stay informed about interest rate trends and act swiftly when you find a home that meets your needs. Engage with experienced local real estate professionals and use trusted resources like Realtor.com and CRMLS to stay updated on market opportunities.

Keep up with the latest real estate trends with Tessellation and get timely updates on the ever-changing markets of San Ramon Valley, Tri-Valley, and Diablo Valley. From tailored insights and effective solutions to home evaluations, market comparisons, and connections with service providers for home projects, we’re here to help. Whether you’re seeking design ideas or just want to chat about your real estate goals, contact us today! 

Sources:

• Realtor.com (www.realtor.com)

• Bay East Association of REALTORS® (BEAR) (www.bayeast.org)

• California Regional MLS (CRMLS) (www.crmls.org)

• Zillow.com (www.zillow.com)