Sonoma County displayed very steady trends across the board in relation to its previous 2015 market activity. The average home sold for $627,525—a modest 4 percent gain year-over-year—but still the third-highest quarter on record. Sales volume was also less erratic than in some other Bay Area counties. The 1,177 homes sold was up 6 percent year-over-year, but fell slightly by 9 percent from the typically busier third quarter. This marked the third consecutive fourth quarter in which Sonoma County sales volume totaled between 1,100 and 1,200—a rare pattern in a market that affords few. The average 64 DOM was quicker than what we saw this time last year, but was generally in line with what we’ve come to expect of this market.
SONOMA COUNTY
Sonoma County Single-Family Homes
Average Sales Price
Days on Market
Average Price Per Sq. Ft.
Q4 2015
$627,525
64
$373
change
-5%
8%
1%
Q3 2015
$664,008
59
$371
Q4 2015
$627,525
64
$373
change
4%
-13%
12%
Q4 2014
$604,819
73
$332
* Data is sourced from the San Francisco Multiple Listing Service, the East Bay Region District Listing Service, Bay Area Real Estate Information Services, and MLS Listings (MLS). MLS data is provided by individual listing brokerages. These are sources we deem reliable. We have no reason to doubt their accuracy, but we do not guarantee them. Past performance does not guarantee future performance
Page 22 | McGuire Real Estate Quarterly Report - 4th Quarter 2015