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 May 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

$1,521,690

$752/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$60,090(+4.1%)

Key Takeaway

Homes in San Ramon have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in San Ramon was $1,521,690 in May 2024, up 4.1% from last year, and the median price per square foot was $752.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $495K$505K
+2.0%
2 $713.5K$711.5K
-0.3%
3 $1.3M$1.3M
+3.0%
4 $1.7M$1.7M
+3.9%
5+ $2.2M$2.5M
+11.1%

Summary: San Ramon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 11.1%.

Median Sold Price Compared To Nearby Cities

Tassajara
+18.7%
Danville
+9.9%
Livermore-Pleasanton
+9.5%
Dublin
+9.4%
San Ramon
+4.1%

Housing Supply in San Ramon, CA

How many homes are available in San Ramon, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
164193+17.7%

Summary: The San Ramon real estate market had 193 homes for sale in May 2024, a 17.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 78
+14.3%
2 2227
+22.7%
3 3546
+31.4%
4 7482
+10.8%
5+ 2630
+15.4%

Summary: The San Ramon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 31.4%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
7273+1.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

52 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. 73.2% of homes here sold above asking price last month.

Summary: A total of 73 homes were sold or pending in San Ramon in May 2024, up by 1.4% month-over-month. Of the 71 sold homes, 13% were sold under asking, 14% were sold at asking, and 73% 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

May 2023May 2024CHANGE
10 Days10 Days+3.9%

Summary: Homes in San Ramon had an average of 10 days on market in May 2024, up by 3.9% compared to last year.

Breakdown of Home Sale Times

70 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 May 2024, 73 homes were sold in San Ramon; 96% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 1% 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 19 Days Ago

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