Is Ramona, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Ramona has remained a Seller's Market.
Housing Prices in Ramona, CA
How much do homes in Ramona, CA cost?
Median Sold Price
$789,000
$397/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ramona was $789,000 in March 2024, up 8.2% from last year, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $370K | $697.5K | +88.5% |
2 Bedrooms | $490K | $505.5K | +3.2% |
3 Bedrooms | $710K | $751.7K | +5.9% |
4 Bedrooms | $802.5K | $840K | +4.7% |
5+ Bedrooms | $917.5K | $985K | +7.4% |
Summary: Ramona housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.5%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
Poway | $1.0M | $1.2M | +14.3% |
Ramona | $729.2K | $789K | +8.2% |
Palomar-Julian | $549K | $579K | +5.5% |
Oceanside-Escondido | $849.3K | $875.5K | +3.1% |
Housing Supply in Ramona, CA
How many homes are available in Ramona, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
89 | 81 | -9.0% |
Summary: The Ramona real estate market had 81 homes for sale in March 2024, a 9.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 39 | 32 | -17.9% |
4 Bedrooms | 30 | 29 | -3.3% |
5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Ramona housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 25 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Ramona in March 2024, down by 16.7% month-over-month. Of the 25 sold homes, 24% were sold under asking, 28% were sold at asking, and 48% were sold over asking.
Days on Market for Ramona, CA
How long does it take to sell a home in Ramona, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 16 Days | -57.1% |
Summary: Homes in Ramona had an average of 16 days on market in Mar 2024, down by 57.1% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Ramona; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.