Ken Dara's Market Report

Ross, CA

Single-Family Homes

Engel & Voelkers | 415-425-3626 | ken.dara@engelvoelkers.com


Ross, CA

Wed Apr 24 2024
This week the median list price for Ross, CA is $4,297,500 with the market action index hovering around 28. This is an increase over last month's market action index of 23. Inventory has increased to 6. Click here to stay informed with the Ross market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Ross, CA

Wed Apr 24 2024
This week the median list price for Ross, CA is $4,297,500 with the market action index hovering around 28. This is an increase over last month's market action index of 23. Inventory has increased to 6. Click here to stay informed with the Ross market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Ross market.
Median List Price $4,297,500
Median Price of New Listings $6,995,000
Per Square Foot $1,253
Average Days on Market 37
Median Days on Market 25
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$18,995,000 10,228 2.5 - 5 acres 8 8.5 32 0 0 63
$6,995,000 3,985 0.25 - 0.5 acre 5 4.5 96 1 1 0
$4,297,500 4,003 0.25 - 0.5 acre 4 4.3 86 0 0 56
$1,775,000 1,622 0.25 - 0.5 acre 2 1.8 90 0 1 24