This market profile is a snapshot of what is happening in Ross. Home prices are up this week in Ross have dipped slightly but they have settled in recent weeks. With inventory trending up but days-on-market and the Market Action Index essentially flat recently, conditions don’t seem to a have strong up or down pull.
| Ross Real Estate Market Update | |
| Median List Price | $2,945,000 |
| Asking Price per Square Foot | $899 |
| Average Days on Market | 82 |
| Percent of Properties with Price Decrease | 65% |
| Percent Relisted | 15% |
| Median House Size (sq ft) | 3,553 |
| Median Lot Size | 0.50-1.0 acre |
| Median Number of Bedrooms | 4.0 |
| Median Number of Bathrooms | 3.5 |
| Market Action Index | 11 – Cold! Buyer’s Market |
The Market Action Index answers the question “How’s the Ross Real Estate Market?” By measuring the current rate of sale versus the amount of inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Ross Real Estate Market Data effective as of October 19, 2008. Data provided by AltosResearch. Are you a Marin real estate junkie? Sign up to receive very detailed real-time market reports in your email. Just register and let me know which neighborhoods you are interested in. Download a sample report.