Is Ross Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
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
$1,650,000
$972/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Ross Valley was $1,650,000 in November 2023, down 4.1% from last year, and the median price per square foot was $972.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $672.5K | $707.5K | +5.2% |
2 Bedrooms | $1.0M | $1.0M | +1.4% |
3 Bedrooms | $1.7M | $1.6M | -3.5% |
4 Bedrooms | $2.3M | $2.3M | +1.4% |
5+ Bedrooms | $3.7M | $2.9M | -19.6% |
Summary: Ross Valley housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 19.6%.
Median Sold Price Compared To Nearby Cities
San Anselmo | $1.6M | $1.6M | +3.3% |
Ross Valley | $1.7M | $1.6M | -4.1% |
Fairfax | $1.3M | $1.2M | -6.3% |
Housing Supply in Ross Valley, CA
How many homes are available in Ross Valley, CA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
112 | 83 | -25.9% |
Summary: The Ross Valley real estate market had 83 homes for sale in November 2023, a 25.9% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 1 | -80.0% |
2 Bedrooms | 19 | 11 | -42.1% |
3 Bedrooms | 41 | 37 | -9.8% |
4 Bedrooms | 36 | 24 | -33.3% |
5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Ross Valley housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 80%, 2 bedroom homes decreased by 42.1%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
49 | 28 | -42.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Ross Valley in November 2023, down by 42.9% month-over-month. Of the 28 sold homes, 36% were sold under asking, 11% were sold at asking, and 54% 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
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
20 Days | 65 Days | +225.0% |
Summary: Homes in Ross Valley had an average of 65 days on market in Nov 2023, up by 225% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During November 2023, 28 homes were sold in Ross Valley; 0% 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.