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 November 2022

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

$1,650,000

$972/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

-$70,000(-4.1%)

Key Takeaway

Homes in Ross Valley have sold for 4.1% less than they did a year ago.

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

# BEDSNov 2022Nov 2023CHANGE
1 $672.5K$707.5K
+5.2%
2 $1.0M$1.0M
+1.4%
3 $1.7M$1.6M
-3.5%
4 $2.3M$2.3M
+1.4%
5+ $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
+3.3%
Ross Valley
-4.1%
Fairfax
-6.3%

Housing Supply in Ross Valley, CA

How many homes are available in Ross Valley, CA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
11283-25.9%

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

# BEDSOct 2023Nov 2023CHANGE
1 51
-80.0%
2 1911
-42.1%
3 4137
-9.8%
4 3624
-33.3%
5+ 1110
-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 2023Nov 2023CHANGE
4928-42.9%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ross Valley, you could pay more than the asking price. 53.6% of homes here sold above asking price last month.

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 2022Nov 2023CHANGE
20 Days65 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 9 Days Ago

Newest Listings in Ross Valley, CA

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