Is Ross Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ross Valley is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ross Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ross Valley, CA

How much do homes in Ross Valley, CA cost?

Median Sold Price

$1,781,666

$956/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$120,083(+7.2%)

Key Takeaway

Homes in Ross Valley have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Ross Valley was $1,781,666 in October 2024, up 7.2% from last year, and the median price per square foot was $956.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $647.5K$650K
0.4%
2 $1.0M$1.2M
+16.0%
3 $1.6M$1.6M
-1.5%
4 $2.3M$2.4M
+2.9%
5+ $3.0M$3.6M
+19.3%

Summary: Ross Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 16%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 19.3%.

Median Sold Price Compared To Nearby Cities

Ross Valley
+7.2%
Fairfax
-0.2%
San Anselmo
-8.2%

Housing Supply in Ross Valley, CA

How many homes are available in Ross Valley, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
172179+4.1%

Summary: The Ross Valley real estate market had 179 homes for sale in October 2024, a 4.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 3440
+17.6%
3 6363
0.0%
4 4244
+4.8%
5+ 3028
-6.7%

Summary: The Ross Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 17.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4349+14.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ross Valley, you could pay more than the asking price. 46.9% of homes here sold above asking price last month.

Summary: A total of 49 homes were sold or pending in Ross Valley in October 2024, up by 14.0% month-over-month. Of the 49 sold homes, 45% were sold under asking, 8% were sold at asking, and 47% 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

Oct 2023Oct 2024CHANGE
17 Days33 Days+87.9%

Summary: Homes in Ross Valley had an average of 33 days on market in Oct 2024, up by 87.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ross Valley has remained consistent over time.

Summary: During October 2024, 49 homes were sold in Ross Valley; 4% of homes were sold within 30 days, 6% 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 4 Days Ago

Newest Listings in Ross Valley, CA

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