Is San Ramon, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Ramon is a seller's market

Buyer's
Market

Difference Since June 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

$1,523,500

$754/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$62,166(+4.3%)

Key Takeaway

Homes in San Ramon have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in San Ramon was $1,523,500 in June 2024, up 4.3% from last year, and the median price per square foot was $754.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $492.5K$505K
+2.5%
2 $711.2K$720K
+1.2%
3 $1.3M$1.3M
+3.8%
4 $1.7M$1.8M
+5.3%
5+ $2.2M$2.5M
+12.4%

Summary: San Ramon housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Cities

Tassajara
+16.4%
Danville
+11.2%
Livermore-Pleasanton
+10.2%
Dublin
+9.5%
San Ramon
+4.3%

Housing Supply in San Ramon, CA

How many homes are available in San Ramon, CA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
190196+3.2%

Summary: The San Ramon real estate market had 196 homes for sale in June 2024, a 3.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 910
+11.1%
2 2726
-3.7%
3 4748
+2.1%
4 7989
+12.7%
5+ 2823
-17.9%

Summary: The San Ramon housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 17.9%.

Number of Homes Sold

May 2024Jun 2024CHANGE
7665-14.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Ramon, you could pay more than the asking price. 57.4% of homes here sold above asking price last month.

Summary: A total of 65 homes were sold or pending in San Ramon in June 2024, down by 14.5% month-over-month. Of the 61 sold homes, 23% were sold under asking, 20% were sold at asking, and 57% 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

Jun 2023Jun 2024CHANGE
9 Days11 Days+18.3%

Summary: Homes in San Ramon had an average of 11 days on market in Jun 2024, up by 18.3% compared to last year.

Breakdown of Home Sale Times

60 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Ramon are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 65 homes were sold in San Ramon; 92% 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 26 Days Ago

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