Water Conservation Initiative Becomes Law 2017

New Law Effective January 2017

All homeowners across the state will be required to install water-conserving plumbing fixtures on homes built before 1994. If the current fixtures in your home use more than the following amounts of water – replacement is required:

  • Any toilet manufactured to use more than 1.6 gallons of water per flush
  • Any urinal manufactured to use more than one gallon of water per flush
  • Any shower head manufactured to have a flow capacity of more than 2.5 gallons per minute
  • Any interior faucet that emits more than 2.2 gallons per minute

If you are planning on selling your home, and the above requirements have not been met, a disclosure to buyers will be required. At some point the new buyers may have to install these water conservation plumbing fixtures.

Danville Market Update August Numbers

For the month of August 2016 here are the home sales results:

  • 63 Homes Listed
  • 70 Homes Sold
  • $1,254,000 – Average sales price
  • $1,195,000 – Median sales price
  • $2,030,000 – Highest sales price
  • $815,000        Lowest Sales Price
  • 23 Days on market
  • Sales to List price ration – 100%

Year To Date home prices in Danville are up 4% over the same time period in 2015.

Don’t Let Your Real Estate End Up In Probate

Did you know that a even with a Will, if you don’t have your real estate in a trust, when you die your real estate will end up in probate. Regardless of who you designated to receive your house.

A recent law passed, Assembly Bill 139, makes it easy and inexpensive to ensure that the property avoids probate. Assembly Bill 139 creates the revocable transfer of death (TOD) deed which transfers to a named beneficiary real property on the death of its owner.

Probate can be expensive and a lengthy process. Many people set up trusts for all of there assets, yet this can cost a couple thousand dollars to establish. The TOD is simple and inexpensive. The document must be notarized and recorded to be effective and can be changed at any time if anything happens to your first beneficiary of choice.

Click here or more detailed information.

San Ramon Home Market Update- August 2016

For the month of August, there were 76 homes listed in San Ramon, 55 closed sales. The average sales price was $1,101,852 down 2 percent from the average price for homes sold in July. The average days on market is now at 30 and sales to list price ratio is 99%.  Here are the year to date results of average sales prices for all of San Ramon. The chart shows a down ward trend which has been expected. Markets go up and down all the time and it is due for a correction.


San Ramon July Home Sales Results

For the month of here is a recap of July home sales activity:

Single Family Detached Homes

  • 94 home listed
  • 40 homes went under contract
  • 76 closed sales
  • Median sales price $1,068,000
  • Average sales price $1,130,338
  • Average Days on Market 21
  • Prices up 6% over same period 2015

Town homes Condos & Duets

  • 40 listed
  • 39 went under contract
  • 31 closed sales
  • Median sales price $600,000
  • Average sales price $619,725
  • Average Days on Market 15
  • Prices up 6% over same period 2015
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