Is Ross Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ross Valley has remained a Seller's Market.
Housing Prices in Ross Valley, CA
How much do homes in Ross Valley, CA cost?
Median Sold Price
$1,704,781
$976/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ross Valley was $1,704,781 in April 2024, up 2.1% from last year, and the median price per square foot was $976.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $620K | $529.5K | -14.6% |
2 Bedrooms | $1.0M | $1.1M | +9.9% |
3 Bedrooms | $1.6M | $1.6M | +2.8% |
4 Bedrooms | $2.3M | $2.3M | +1.7% |
5+ Bedrooms | $3.5M | $3.3M | -5.7% |
Summary: Ross Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Cities
San Anselmo | $1.5M | $1.6M | +8.3% |
Ross Valley | $1.6M | $1.7M | +2.1% |
Fairfax | $1.2M | $1.2M | -3.9% |
Housing Supply in Ross Valley, CA
How many homes are available in Ross Valley, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
112 | 165 | +47.3% |
Summary: The Ross Valley real estate market had 165 homes for sale in April 2024, a 47.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 21 | 27 | +28.6% |
3 Bedrooms | 36 | 51 | +41.7% |
4 Bedrooms | 31 | 50 | +61.3% |
5+ Bedrooms | 19 | 31 | +63.2% |
Summary: The Ross Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 61.3%, and 5+ bedroom homes increased by 63.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 50 | +78.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Ross Valley in April 2024, up by 78.6% month-over-month. Of the 50 sold homes, 20% were sold under asking, 12% were sold at asking, and 68% were sold over asking.
Days on Market for Ross Valley, CA
How long does it take to sell a home in Ross Valley, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 6 Days | -58.1% |
Summary: Homes in Ross Valley had an average of 6 days on market in Apr 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Ross Valley; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.