Ken Dara's Market Report

Ross, CA

Single-Family Homes

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



Ross, CA

Mon Jun 24 2024
This week the median list price for Ross, CA is $2,195,000 with the market action index hovering around 49. This is an increase over last month's market action index of 43. Inventory has decreased to 5. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Ross, CA

Mon Jun 24 2024
This week the median list price for Ross, CA is $2,195,000 with the market action index hovering around 49. This is an increase over last month's market action index of 43. Inventory has decreased to 5. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Ross market.
Median List Price $2,195,000
Median Price of New Listings $0
Per Square Foot $1,476
Average Days on Market 57
Median Days on Market 28
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 49
Strong Seller's Market

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 0 126
$5,495,000 3,722 0.5 - 1 acre 5 3.5 6 0 0 28
$2,195,000 1,475 6,500 - 8,000 sqft 3 2 48 0 1 28
$1,697,000 1,660 8,000 - 10,000 sqft 2 1.8 94 0 0 52