Ross Real Estate – Mid-year 2025
Ross Overview
The Ross real estate market gained notable momentum in the first half of 2025, with strong buyer competition, faster-moving properties, and a sharp increase in sales activity.
A total of 16 homes sold in the first half of 2025—up from just 9 in the same period last year—reflecting increased inventory and buyer confidence in this tightly held luxury market.
The average sale price landed at $3,787,000, slightly above the second half of 2024, as 43% of sales were for homes priced between $3 million and $4 million. The average price per square foot increased to $1,489, compared to $1,353 in late 2024.
Ross saw a striking increase in buyer competition:
- 62% of homes sold over asking, up from 22%.
- The average premium paid over list price jumped to 16%, from just 3% in late 2024.
- 56% of sales involved multiple offers, compared to only 22% in 2H 2024.
Another significant shift: 69% of homes went into escrow within 15 days, compared to just 22% previously—pointing to more decisive buyer action.
Ross continues to attract discerning buyers, as the overall market shows renewed energy and heightened competition heading into the second half of 2025.
If you’re interested in maximizing the value of your home and determining an optimal pricing strategy, I invite you to contact me. I can guide you in preparing your home for sale and ensure a hassle-free selling experience right up to the completion of your move.
