Is Ross Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ross Valley is a seller's market

Buyer's
Market

Difference Since November 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

$1,796,666

$957/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$135,833(+8.2%)

Key Takeaway

Homes in Ross Valley have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Ross Valley was $1,796,666 in November 2024, up 8.2% from last year, and the median price per square foot was $957.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $688.7K$650K
-5.6%
2 $1.0M$1.1M
+9.3%
3 $1.6M$1.6M
+2.5%
4 $2.4M$2.4M
+2.6%
5+ $2.9M$3.6M
+21.8%

Summary: Ross Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 21.8%.

Median Sold Price Compared To Nearby Cities

Ross Valley
+8.2%
Fairfax
-1.4%
San Anselmo
-8.4%

Housing Supply in Ross Valley, CA

How many homes are available in Ross Valley, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
167133-20.4%

Summary: The Ross Valley real estate market had 133 homes for sale in November 2024, a 20.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 4036
-10.0%
3 5845
-22.4%
4 4133
-19.5%
5+ 2516
-36.0%

Summary: The Ross Valley 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 10%, 3 bedroom homes decreased by 22.4%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes decreased by 36%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5239-25.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ross Valley, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Ross Valley in November 2024, down by 25.0% month-over-month. Of the 39 sold homes, 51% were sold under asking, 18% were sold at asking, and 31% 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

Nov 2023Nov 2024CHANGE
65 Days28 Days-56.9%

Summary: Homes in Ross Valley had an average of 28 days on market in Nov 2024, down by 56.9% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 39 homes were sold in Ross Valley; 3% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Ross Valley, CA

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