Is San Ramon, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Ramon is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in San Ramon, CA

How much do homes in San Ramon, CA cost?

Median Sold Price

$1,523,611

$763/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,944(+1.5%)

Key Takeaway

Homes in San Ramon have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in San Ramon was $1,523,611 in October 2024, up 1.5% from last year, and the median price per square foot was $763.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $513K$500K
-2.5%
2 $715K$725K
+1.4%
3 $1.3M$1.3M
+0.9%
4 $1.7M$1.7M
-0.4%
5+ $2.2M$2.5M
+11.9%

Summary: San Ramon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 11.9%.

Median Sold Price Compared To Nearby Cities

Tassajara
+9.0%
Dublin
+8.8%
Livermore-Pleasanton
+8.6%
Danville
+8.0%
San Ramon
+1.5%

Housing Supply in San Ramon, CA

How many homes are available in San Ramon, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
144161+11.8%

Summary: The San Ramon real estate market had 161 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 86
-25.0%
2 3438
+11.8%
3 3144
+41.9%
4 5252
0.0%
5+ 1921
+10.5%

Summary: The San Ramon housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 41.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46460.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Ramon, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 46 homes were sold or pending in San Ramon in October 2024, the same as the previous month. Of the 44 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.

Days on Market for San Ramon, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days24 Days+84.1%

Summary: Homes in San Ramon had an average of 24 days on market in Oct 2024, up by 84.1% compared to last year.

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 46 homes were sold in San Ramon; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% 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

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