Is Ross Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$1,725,000
$978/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ross Valley have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Ross Valley was $1,725,000 in March 2024, up 1.5% from last year, and the median price per square foot was $978.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $670K | $560K | -16.4% |
| 2 Bedrooms | $1.0M | $1.1M | +6.4% |
| 3 Bedrooms | $1.6M | $1.6M | +4.2% |
| 4 Bedrooms | $2.4M | $2.4M | 0.0% |
| 5+ Bedrooms | $3.6M | $3.1M | -13.1% |
Summary: Ross Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.4%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Cities
| San Anselmo | $1.5M | $1.6M | +8.5% |
| Ross Valley | $1.6M | $1.7M | +1.5% |
| Fairfax | $1.3M | $1.2M | -4.8% |
Housing Supply in Ross Valley, CA
How many homes are available in Ross Valley, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 68 | 111 | +63.2% |
Summary: The Ross Valley real estate market had 111 homes for sale in March 2024, a 63.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 12 | 21 | +75.0% |
| 3 Bedrooms | 26 | 37 | +42.3% |
| 4 Bedrooms | 17 | 30 | +76.5% |
| 5+ Bedrooms | 10 | 18 | +80.0% |
Summary: The Ross Valley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 42.3%, 4 bedroom homes increased by 76.5%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 26 | +44.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ross Valley, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Ross Valley in March 2024, up by 44.4% month-over-month. Of the 26 sold homes, 23% were sold under asking, 15% were sold at asking, and 62% were sold over asking.
Days on Market for Ross Valley, CA
We’re sorry, we don't have information for this market at the moment
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