$3,907 Closing Credit*
$329,000
884 SqFt
2 Beds
•1 Full Bath
Beau Bradford, Listing Office: Bradford Management
Is Ramona, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ramona was a Seller's Market.
Key Takeaway
Ramona is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ramona, CA
How much do homes in Ramona, CA cost?
Median Sold Price
$800,000
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+6.0%)
Key Takeaway
Homes in Ramona have sold for 6% more than they did a year ago.
Summary: The median home sold price in Ramona was $800,000 in November 2024, up 6% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $697.5K | $592.5K | -15.1% |
| 2 Bedrooms | $492.5K | $510K | +3.6% |
| 3 Bedrooms | $725K | $770K | +6.2% |
| 4 Bedrooms | $837.5K | $875K | +4.5% |
| 5+ Bedrooms | $865K | $995K | +15.0% |
Summary: Ramona housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
| Poway | $1.1M | $1.2M | +12.9% |
| Ramona | $755K | $800K | +6.0% |
| Oceanside-Escondido | $854K | $904.9K | +6.0% |
| Palomar-Julian | $575K | $590K | +2.6% |
Housing Supply in Ramona, CA
How many homes are available in Ramona, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 131 | 125 | -4.6% |
Summary: The Ramona real estate market had 125 homes for sale in November 2024, a 4.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 60 | 60 | 0.0% |
| 4 Bedrooms | 43 | 38 | -11.6% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Ramona housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 17 | -29.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ramona, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Ramona in November 2024, down by 29.2% month-over-month. Of the 17 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.
Days on Market for Ramona, CA
How long does it take to sell a home in Ramona, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 27 Days | +70.6% |
Summary: Homes in Ramona had an average of 27 days on market in Nov 2024, up by 70.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ramona are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Ramona; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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.