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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sonora is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Sonora was a Seller's Market.

Key Takeaway

Sonora is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sonora, CA

How much do homes in Sonora, CA cost?

Median Sold Price

$995,000

$302/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$480,000(+93.2%)

Key Takeaway

Homes in Sonora have sold for 93.2% more than they did a month ago.

Summary: The median home sold price in Sonora was $995,000 in December 2024, up 93.2% from last month, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$995K
N/A
3 $515K-
N/A
4 --
N/A
5+ --
N/A

Summary: Sonora housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sonora, CA

How many homes are available in Sonora, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
770.0%

Summary: The Sonora real estate market had 7 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The Sonora housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sonora, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Sonora in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Sonora, CA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
59 Days266 Days+350.8%

Summary: Homes in Sonora had an average of 266 days on market in Dec 2024, up by 350.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sonora are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 1 homes were sold in Sonora; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in Sonora, CA

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