$10,000 Closing Credit*
$1,587,000
4,508 SqFt
Robert J Bialkin, Listing Office: Bialkin Realty Inc.
Is Sonoma, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sonoma has remained a Seller's Market.
Key Takeaway
Sonoma is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sonoma, CA
How much do homes in Sonoma, CA cost?
Median Sold Price
$910,000
$633/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$18,000(-1.9%)
Key Takeaway
Homes in Sonoma have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Sonoma was $910,000 in November 2024, down 1.9% from last year, and the median price per square foot was $633.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $432.5K | $532K | +23.0% |
| 2 Bedrooms | $730K | $732K | 0.3% |
| 3 Bedrooms | $1.0M | $1.0M | +6.1% |
| 4 Bedrooms | $1.8M | $1.5M | -14.1% |
| 5+ Bedrooms | $6.7M | $3.1M | -53.7% |
Summary: Sonoma housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes decreased by 53.7%.
Housing Supply in Sonoma, CA
How many homes are available in Sonoma, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 130 | 118 | -9.2% |
Summary: The Sonoma real estate market had 118 homes for sale in November 2024, a 9.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 8 | -11.1% |
| 2 Bedrooms | 32 | 32 | 0.0% |
| 3 Bedrooms | 62 | 53 | -14.5% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Sonoma housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 22 | -26.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sonoma, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Sonoma in November 2024, down by 26.7% month-over-month. Of the 22 sold homes, 59% were sold under asking, 9% were sold at asking, and 32% were sold over asking.
Days on Market for Sonoma, CA
How long does it take to sell a home in Sonoma, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 67 Days | -22.1% |
Summary: Homes in Sonoma had an average of 67 days on market in Nov 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sonoma are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in Sonoma; 5% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Copyright © 2024 by Bay Area Real Estate Information Services, Inc. All rights reserved. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.