Is Rose Ranch, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rose Ranch is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Rose Ranch has remained a Seller's Market.

Key Takeaway

Rose Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rose Ranch, CA

How much do homes in Rose Ranch, CA cost?

Median Sold Price

$437,500

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$17,500(-3.8%)

Key Takeaway

Homes in Rose Ranch have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Rose Ranch was $437,500 in April 2024, down 3.8% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $275K-
N/A
2 $278K$310K
+11.5%
3 $445K$424K
-4.7%
4 $493.5K$475K
-3.7%
5+ $525K$510K
-2.9%

Summary: Rose Ranch housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Neighborhoods

Heritage
+21.7%
Hill
0.1%
Rose Ranch
-3.8%

Housing Supply in Rose Ranch, CA

How many homes are available in Rose Ranch, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2021+5.0%

Summary: The Rose Ranch real estate market had 21 homes for sale in April 2024, a 5.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 45
+25.0%
4 97
-22.2%
5+ 12
+100.0%

Summary: The Rose Ranch housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rose Ranch, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Rose Ranch in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.

Days on Market for Rose Ranch, CA

How long does it take to sell a home in Rose Ranch, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days18 Days-24.2%

Summary: Homes in Rose Ranch had an average of 18 days on market in Apr 2024, down by 24.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rose Ranch are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Rose Ranch; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Rose Ranch, CA

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