$10,000 Closing Credit*
$1,497,000
1,916 SqFt
2 Beds
•2 Full Baths
Marianne Harder, Hanne M Liisberg Hanne M Liisberg, Listing Office: Liisberg & Company
Is Russian River-Sonoma Coast, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Russian River-Sonoma Coast has remained a Seller's Market.
Key Takeaway
Russian River-Sonoma Coast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Russian River-Sonoma Coast, CA
How much do homes in Russian River-Sonoma Coast, CA cost?
Median Sold Price
$832,500
$572/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$43,666(+5.5%)
Key Takeaway
Homes in Russian River-Sonoma Coast have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Russian River-Sonoma Coast was $832,500 in October 2024, up 5.5% from last year, and the median price per square foot was $572.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $484K | $456.5K | -5.7% |
| 2 Bedrooms | $705K | $640K | -9.2% |
| 3 Bedrooms | $927.5K | $999.4K | +7.8% |
| 4 Bedrooms | $1.2M | $1.2M | 0.0% |
| 5+ Bedrooms | $2.2M | $1.4M | -34.1% |
Summary: Russian River-Sonoma Coast housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 34.1%.
Median Sold Price Compared To Nearby Cities
| Russian River-Sonoma Coast | $788.8K | $832.5K | +5.5% |
| Guerneville | $575K | $600K | +4.3% |
| Monte Rio | $535K | $558K | +4.3% |
| Cloverdale-Geyserville | $672.5K | $657K | -2.3% |
Housing Supply in Russian River-Sonoma Coast, CA
How many homes are available in Russian River-Sonoma Coast, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 169 | 160 | -5.3% |
Summary: The Russian River-Sonoma Coast real estate market had 160 homes for sale in October 2024, a 5.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 12 | -14.3% |
| 2 Bedrooms | 64 | 66 | +3.1% |
| 3 Bedrooms | 68 | 61 | -10.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Russian River-Sonoma Coast housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 33 | -15.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Russian River-Sonoma Coast, you may be able to get a good deal. 60.6% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Russian River-Sonoma Coast in October 2024, down by 15.4% month-over-month. Of the 33 sold homes, 61% were sold under asking, 18% were sold at asking, and 21% were sold over asking.
Days on Market for Russian River-Sonoma Coast, CA
We’re sorry, we don't have information for this market at the moment
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