Is Ramona, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$800,000
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Ramona was $800,000 in June 2024, up 10% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $657.5K | $450K | -31.6% |
2 Bedrooms | $480K | $510K | +6.3% |
3 Bedrooms | $708.3K | $770K | +8.7% |
4 Bedrooms | $813K | $850K | +4.6% |
5+ Bedrooms | $805K | $1.0M | +34.5% |
Summary: Ramona housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.6%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 34.5%.
Median Sold Price Compared To Nearby Cities
Poway | $1.0M | $1.2M | +20.4% |
Ramona | $727.5K | $800K | +10.0% |
Oceanside-Escondido | $829.5K | $899.9K | +8.5% |
Palomar-Julian | $549K | $590K | +7.5% |
Housing Supply in Ramona, CA
How many homes are available in Ramona, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
136 | 139 | +2.2% |
Summary: The Ramona real estate market had 139 homes for sale in June 2024, a 2.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 54 | 53 | -1.9% |
4 Bedrooms | 49 | 43 | -12.2% |
5+ Bedrooms | 19 | 26 | +36.8% |
Summary: The Ramona housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes increased by 36.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
38 | 26 | -31.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Ramona in June 2024, down by 31.6% month-over-month. Of the 26 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 10 Days | -44.3% |
Summary: Homes in Ramona had an average of 10 days on market in Jun 2024, down by 44.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 26 homes were sold in Ramona; 96% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.