Is San Ramon, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, San Ramon has remained a Seller's Market.
Key Takeaway
San Ramon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Ramon, CA
How much do homes in San Ramon, CA cost?
Median Sold Price
$1,510,000
$751/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in San Ramon have sold for 0.5% less than they did a year ago.
Summary: The median home sold price in San Ramon was $1,510,000 in April 2024, down 0.5% from last year, and the median price per square foot was $751.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $507.5K | +1.5% |
| 2 Bedrooms | $711K | $717.5K | +0.9% |
| 3 Bedrooms | $1.3M | $1.3M | +3.6% |
| 4 Bedrooms | $1.7M | $1.7M | +1.2% |
| 5+ Bedrooms | $2.2M | $2.4M | +7.5% |
Summary: San Ramon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
| Danville | $1.7M | $1.9M | +8.9% |
| Tassajara | $1.6M | $1.7M | +8.9% |
| Livermore-Pleasanton | $1.2M | $1.2M | +4.3% |
| Dublin | $1.2M | $1.2M | +3.9% |
| San Ramon | $1.5M | $1.5M | -0.5% |
Housing Supply in San Ramon, CA
How many homes are available in San Ramon, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 124 | 170 | +37.1% |
Summary: The San Ramon real estate market had 170 homes for sale in April 2024, a 37.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 22 | 23 | +4.5% |
| 3 Bedrooms | 28 | 37 | +32.1% |
| 4 Bedrooms | 57 | 76 | +33.3% |
| 5+ Bedrooms | 13 | 27 | +107.7% |
Summary: The San Ramon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 107.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 72 | +75.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
50 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Ramon, you could pay more than the asking price. 72.5% of homes here sold above asking price last month.
Summary: A total of 72 homes were sold or pending in San Ramon in April 2024, up by 75.6% month-over-month. Of the 69 sold homes, 26% were sold under asking, 1% were sold at asking, and 72% were sold over asking.
Days on Market for San Ramon, CA
How long does it take to sell a home in San Ramon, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 14 Days | +8.6% |
Summary: Homes in San Ramon had an average of 14 days on market in Apr 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in San Ramon are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 72 homes were sold in San Ramon; 88% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.