141 Sussex Ct, San Ramon CA – Coming Soon

This great property will be coming on the market in the next week or so.  It is indicative of the rapidly changing market place.  With so few properties available and so many potential buyers hoping to purchase the prices are rising rapidly (averaging over 20% in the last 12 months).  This same floor plan sold last fall for $975,000 even though it was on a through street.  




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Steve Curtis DRE#00350257
Windermere Bay Area Properties
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141 Sussex Ct
San Ramon, CA
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Coming Soon

Deer Ridge – Coming Soon – VIRTUAL TOUR

$ Click for current price
3 BATHROOMS (2 full, 1 half)
3176 Square Feet


 Lovingly maintained and beautifully remodeled, this Deerridge tri-level is in move-in condition.  With a huge remodeled cherry, granite and stainless kitchen the home is perfect for both impromptu gatherings and large holiday meals, especially with the over-sized dining room that will take both a large dining table and a hutch for those showcase pieces.  The remodeled Master Suite is just a couple of steps above the main living level and includes a walk-in closet, separate sitting area, fully remodeled bath with an oversized stall shower and a tub for soaking.  Tucked away at the top of the stairs is a large office/den/hideaway that could also work well as a kids playroom.

Summer barbeques are easy with the large, trellis-covered patio right off the family room.  The large, level yard includes a spacious lawn, perfect for everything from croquet to a game of tag.

Nearby you'll enjoy the huge community park, the Ironhorse Trail system, both Club Sport and 24 hour Fitness, not to mention two golf courses, great local shopping and the Farmers' Market.


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Posted on January 27, 2013 at 6:46 pm
Steve Curtis | Category: Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Wall Street Journal headlined Bidding Wars


On Friday, April 27th, the Wall Street Journal’s Nick Timiraos headlined that “Stunned Home Buyers Find the Bidding Wars are Back”.  In his article he notes that on a national level the market is balanced “when there is a six-month supply of homes for sale.”  Nationally that figure now stands at 6.3 months.

As usually happens the San Francisco Bay Area finds itself with even higher competition for homes with an overall time frame of just 3.4 months of inventory.  Central Contra Costa County, including Walnut CreekDanvilleLafayetteOrinda and Alamo, has less than 1.5 months of inventory based on the current number of detached homes for sale (698) vs the number closed sales in the last 30 days (467).  When I look for trends I also check the pending sales and for that same period there were a whopping 564 … barely a 37 day supply!

Most listings in our office are seeing 10 to 17 offers on them within the first several days.  Good news for sellers who are often ending up with sales over full price.  Not so good news for those buyers who expected to be able to buy from a never ending list of premium properties.

What’s next?  Expect this market to continue.  There will be some increase in inventory if  history repeats itself because most sellers finally get moving by May.  And that “hidden inventory” the banks control may start to appear on the market, but don’t expect those homes to have any fewer offers.  There is simply too much pent up demand.

Remember, however, that prices here in the Central County are almost exactly where they were in the spring of 2003 … and interest rates are at 4% now vs 5.75% in 2003.  That difference in interest rate will get you 21% more home today than in 2003.

Now may be the right time to jump into the market and get the home you want.

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Steve Curtis DRE#00350257
Windermere Bay Area Properties
Posted on April 28, 2012 at 1:52 pm
Steve Curtis | Category: Uncategorized | Tagged , , , , , , , , , , , , ,