Is Ross Valley, 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, 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
$1,704,781
$976/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ross Valley have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Ross Valley was $1,704,781 in April 2024, up 2.1% from last year, and the median price per square foot was $976.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $620K | $529.5K | -14.6% |
| 2 Bedrooms | $1.0M | $1.1M | +9.9% |
| 3 Bedrooms | $1.6M | $1.6M | +2.8% |
| 4 Bedrooms | $2.3M | $2.3M | +1.7% |
| 5+ Bedrooms | $3.5M | $3.3M | -5.7% |
Summary: Ross Valley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 5.7%.
Median Sold Price Compared To Nearby Cities
| San Anselmo | $1.5M | $1.6M | +8.3% |
| Ross Valley | $1.6M | $1.7M | +2.1% |
| Fairfax | $1.2M | $1.2M | -3.9% |
Housing Supply in Ross Valley, CA
How many homes are available in Ross Valley, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 112 | 165 | +47.3% |
Summary: The Ross Valley real estate market had 165 homes for sale in April 2024, a 47.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 21 | 27 | +28.6% |
| 3 Bedrooms | 36 | 51 | +41.7% |
| 4 Bedrooms | 31 | 50 | +61.3% |
| 5+ Bedrooms | 19 | 31 | +63.2% |
Summary: The Ross Valley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 61.3%, and 5+ bedroom homes increased by 63.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 50 | +78.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ross Valley, you could pay more than the asking price. 68% of homes here sold above asking price last month.
Summary: A total of 50 homes were sold or pending in Ross Valley in April 2024, up by 78.6% month-over-month. Of the 50 sold homes, 20% were sold under asking, 12% were sold at asking, and 68% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 14 Days | 6 Days | -58.1% |
Summary: Homes in Ross Valley had an average of 6 days on market in Apr 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ross Valley are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 50 homes were sold in Ross Valley; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.