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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southern San Ramon is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Southern San Ramon, CA

How much do homes in Southern San Ramon, CA cost?

Median Sold Price

$1,500,000

$814/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$75,000(+5.3%)

Key Takeaway

Homes in Southern San Ramon have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Southern San Ramon was $1,500,000 in December 2024, up 5.3% from last year, and the median price per square foot was $814.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $504K$470K
-6.7%
2 $580K$600K
+3.4%
3 $1.3M$1.4M
+3.3%
4 $1.6M$1.6M
+1.7%
5+ $1.7M$2.1M
+18.6%

Summary: Southern San Ramon housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 18.6%.

Median Sold Price Compared To Nearby Neighborhoods

Southern San Ramon
+5.3%
Pine Valley
+4.5%

Housing Supply in Southern San Ramon, CA

How many homes are available in Southern San Ramon, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3217-46.9%

Summary: The Southern San Ramon real estate market had 17 homes for sale in December 2024, a 46.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 73
-57.1%
3 124
-66.7%
4 128
-33.3%
5+ 00
0.0%

Summary: The Southern San Ramon housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 57.1%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1610-37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer50%40%10%

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Southern San Ramon in December 2024, down by 37.5% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.

Days on Market for Southern San Ramon, CA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
16 Days21 Days+27.0%

Summary: Homes in Southern San Ramon had an average of 21 days on market in Dec 2024, up by 27% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times70%30%

Key Takeaway

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

Summary: During December 2024, 10 homes were sold in Southern San Ramon; 70% of homes were sold within 30 days, 30% 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 10 Days Ago

Newest Listings in Southern San Ramon, CA

Nearby Markets to Southern San Ramon, CA