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 November 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

$640,000

$495/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,000(-3.0%)

Key Takeaway

Homes in Cotati have sold for 3% less than they did a year ago.

Summary: The median home sold price in Cotati was $640,000 in November 2024, down 3% from last year, and the median price per square foot was $495.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$340K
N/A
2 $431.5K$430K
-0.3%
3 $705.5K$696.2K
-1.3%
4 $981.2K$1.1M
+20.3%
5+ $980K$1.2M
+22.4%

Summary: Cotati housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 22.4%.

Median Sold Price Compared To Nearby Cities

Rohnert Park
+2.6%
Cotati
-3.0%

Housing Supply in Cotati, CA

How many homes are available in Cotati, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2312-47.8%

Summary: The Cotati real estate market had 12 homes for sale in November 2024, a 47.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 95
-44.4%
3 94
-55.6%
4 42
-50.0%
5+ 11
0.0%

Summary: The Cotati housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 55.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cotati, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Cotati in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Cotati, CA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Cotati, CA

Nearby Markets to Cotati, CA

What housing markets are near Cotati, CA?