Is Cotati, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cotati is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Cotati has remained a Seller's Market.

Key Takeaway

Cotati is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cotati, CA

How much do homes in Cotati, CA cost?

Median Sold Price

$655,000

$495/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-0.4%)

Key Takeaway

The sold price of homes in Cotati has remained the same since last year.

Summary: The median home sold price in Cotati was $655,000 in October 2024, down 0.4% from last year, and the median price per square foot was $495.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$340K
N/A
2 $428K$430K
0.5%
3 $711K$700K
-1.5%
4 $1.0M$1.1M
+18.0%
5+ $980K$1.2M
+22.4%

Summary: Cotati housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 22.4%.

Median Sold Price Compared To Nearby Cities

Rohnert Park
+2.9%
Cotati
-0.4%

Housing Supply in Cotati, CA

How many homes are available in Cotati, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2322-4.3%

Summary: The Cotati real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 99
0.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Cotati housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cotati, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Cotati in October 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.

Days on Market for Cotati, CA

How long does it take to sell a home in Cotati, CA?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cotati are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Cotati; 9% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Cotati, CA

Nearby Markets to Cotati, CA

What housing markets are near Cotati, CA?