$10,000 Closing Credit*
$1,025,000
1,643 SqFt
3 Beds
•2 Full Baths
Samantha Marquis, Linda Farwell Linda Farwell, Listing Office: Compass
Is Sonoma County, 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 County has remained a Seller's Market.
Key Takeaway
Sonoma County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sonoma County, CA
How much do homes in Sonoma County, CA cost?
Median Sold Price
$798,722
$495/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,676(+0.3%)
Key Takeaway
The sold price of homes in Sonoma County has remained the same since last year.
Summary: The median home sold price in Sonoma County was $798,722 in November 2024, up 0.3% from last year, and the median price per square foot was $495.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $455K | $422.5K | -7.1% |
| 2 Bedrooms | $615K | $616.2K | 0.2% |
| 3 Bedrooms | $791.6K | $794.9K | 0.4% |
| 4 Bedrooms | $936.3K | $952.7K | +1.8% |
| 5+ Bedrooms | $1.1M | $1.2M | +8.5% |
Summary: Sonoma County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Counties
| Marin County | $1.3M | $1.4M | +6.5% |
| Napa County | $850K | $905.5K | +6.5% |
| Solano County | $569.5K | $579.2K | +1.7% |
| Sonoma County | $796K | $798.7K | 0.3% |
| Lake County | $339.3K | $335K | -1.3% |
Housing Supply in Sonoma County, CA
How many homes are available in Sonoma County, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,410 | 1,233 | -12.6% |
Summary: The Sonoma County real estate market had 1,233 homes for sale in November 2024, a 12.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 40 | 33 | -17.5% |
| 2 Bedrooms | 320 | 281 | -12.2% |
| 3 Bedrooms | 610 | 506 | -17.0% |
| 4 Bedrooms | 324 | 303 | -6.5% |
| 5+ Bedrooms | 116 | 110 | -5.2% |
Summary: The Sonoma County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.5%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 5.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 397 | 268 | -32.5% |
Asking Price vs. Sold Price
131 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
85 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sonoma County, you may be able to get a good deal. 49.1% of homes here sold below asking price last month.
Summary: A total of 268 homes were sold or pending in Sonoma County in November 2024, down by 32.5% month-over-month. Of the 267 sold homes, 49% were sold under asking, 19% were sold at asking, and 32% were sold over asking.
Days on Market for Sonoma County, CA
How long does it take to sell a home in Sonoma County, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 45 Days | -35.0% |
Summary: Homes in Sonoma County had an average of 45 days on market in Nov 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sonoma County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 268 homes were sold in Sonoma County; 3% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
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