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Sonoma County
What's in the Sonoma data?
Sonoma County's single-family housing market saw a decrease to a $760K median sold price, with 152 units sold and 125 new listings. The condo & townhome market has inclined month-over-month, with 28 new listings and 24 sales, totaling approximately $440K. Buyers have remained aggressive with their offer prices continuing to be at around 100%. Only 6% of homes have been completed, so the market has seen a decrease in supply. The surging demand continues driving the cost of buying up, creating an imbalance between the pricing range and active options in the marketplace.
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Median SalesPrice
Single Family Homes
The median sales price has decreased from $794k last January 2022, to $760k as of January 2023
Condos & Townhomes
The median sales price has increased from $431k last January 2022, to $440k as of January 2023.
Overbids
Single Family Homes
The overbid percentage has decreased from 100% last January 2022, to 99% a year later.
Condos & Townhomes
The overbid percentage has decreased from 101 9% last January 2022, to 97 9% a year later
Single Family Homes
The average days on market went up from 49 days last January 2022, to 67 days as of January 2023
Condos & Townhomes
The average days on market went down from 49 days in January 2022, to 47 days as of January 2023
