Is Rossmoor, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rossmoor is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Rossmoor has remained a Seller's Market.

Key Takeaway

Rossmoor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rossmoor, CA

How much do homes in Rossmoor, CA cost?

Median Sold Price

$1,610,000

$804/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$175,000(+12.2%)

Key Takeaway

Homes in Rossmoor have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Rossmoor was $1,610,000 in October 2024, up 12.2% from last year, and the median price per square foot was $804.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $375K-
N/A
3 $1.3M$1.4M
+7.2%
4 $1.4M$1.6M
+17.4%
5+ $2.3M$2.1M
-11.5%

Summary: Rossmoor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 11.5%.

Median Sold Price Compared To Nearby Neighborhoods

Highlands
+16.0%
Rossmoor
+12.2%

Housing Supply in Rossmoor, CA

How many homes are available in Rossmoor, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2819-32.1%

Summary: The Rossmoor real estate market had 19 homes for sale in October 2024, a 32.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 126
-50.0%
4 118
-27.3%
5+ 55
0.0%

Summary: The Rossmoor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rossmoor, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Rossmoor in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Rossmoor, CA

How long does it take to sell a home in Rossmoor, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days43 Days+6.0%

Summary: Homes in Rossmoor had an average of 43 days on market in Oct 2024, up by 6% compared to last year.

Breakdown of Home Sale Times

3 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 Rossmoor are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Rossmoor; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 16 Days Ago

Newest Listings in Rossmoor, CA

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