$10,000 Closing Credit*
$998,000
1,500 SqFt
4 Beds
•2 Full Baths, 1 Partial
Megan Pomponio, Listing Office: Compass
Is Ross Valley, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$1,781,666
$956/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$120,083(+7.2%)
Key Takeaway
Homes in Ross Valley have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Ross Valley was $1,781,666 in October 2024, up 7.2% from last year, and the median price per square foot was $956.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $647.5K | $650K | 0.4% |
| 2 Bedrooms | $1.0M | $1.2M | +16.0% |
| 3 Bedrooms | $1.6M | $1.6M | -1.5% |
| 4 Bedrooms | $2.3M | $2.4M | +2.9% |
| 5+ Bedrooms | $3.0M | $3.6M | +19.3% |
Summary: Ross Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 16%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
| Ross Valley | $1.6M | $1.7M | +7.2% |
| Fairfax | $1.2M | $1.2M | -0.2% |
| San Anselmo | $1.7M | $1.5M | -8.2% |
Housing Supply in Ross Valley, CA
How many homes are available in Ross Valley, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 172 | 179 | +4.1% |
Summary: The Ross Valley real estate market had 179 homes for sale in October 2024, a 4.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 34 | 40 | +17.6% |
| 3 Bedrooms | 63 | 63 | 0.0% |
| 4 Bedrooms | 42 | 44 | +4.8% |
| 5+ Bedrooms | 30 | 28 | -6.7% |
Summary: The Ross Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 17.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 49 | +14.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ross Valley, you could pay more than the asking price. 46.9% of homes here sold above asking price last month.
Summary: A total of 49 homes were sold or pending in Ross Valley in October 2024, up by 14.0% month-over-month. Of the 49 sold homes, 45% were sold under asking, 8% were sold at asking, and 47% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 33 Days | +87.9% |
Summary: Homes in Ross Valley had an average of 33 days on market in Oct 2024, up by 87.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ross Valley has remained consistent over time.
Summary: During October 2024, 49 homes were sold in Ross Valley; 4% 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.
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