$8,894 Closing Credit*
$749,000
1,254 SqFt
2 Beds
•2 Full Baths
Jim Olson, Listing Office: BHHS Drysdale Properties
Is Rossmoor, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$595,000
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$5,500(-0.9%)
Key Takeaway
Homes in Rossmoor have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Rossmoor was $595,000 in August 2024, down 0.9% from last year, and the median price per square foot was $517.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $347.5K | +21.9% |
| 2 Bedrooms | $600K | $585K | -2.5% |
| 3 Bedrooms | $1.0M | $1.2M | +17.1% |
| 4 Bedrooms | $1.5M | $2.0M | +31.6% |
| 5+ Bedrooms | $7.7M | - | N/A |
Summary: Rossmoor housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.9%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Rossmoor | $600.5K | $595K | -0.9% |
| Rockledge Lane | $487.7K | $437K | -10.4% |
Housing Supply in Rossmoor, CA
How many homes are available in Rossmoor, CA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 131 | 133 | +1.5% |
Summary: The Rossmoor real estate market had 133 homes for sale in August 2024, a 1.5% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 16 | -11.1% |
| 2 Bedrooms | 102 | 108 | +5.9% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rossmoor housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 49 | 43 | -12.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rossmoor, you may be able to get a good deal. 52.5% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Rossmoor in August 2024, down by 12.2% month-over-month. Of the 40 sold homes, 53% were sold under asking, 18% were sold at asking, and 30% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 20 Days | 31 Days | +52.4% |
Summary: Homes in Rossmoor had an average of 31 days on market in Aug 2024, up by 52.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rossmoor are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 43 homes were sold in Rossmoor; 58% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 9% 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.