Both single-family, re-sales homes and condo/loft sales were strong in 2011. Home sales were up 9.6% over 2010. Condo/loft sales gained 5.6% over 2010.
| Trends at a Glance | |||
| (Single-family Homes) | |||
| Dec 11 | Nov 11 | Dec 10 | |
| Median Price: | $315,000 | $317,000 | $330,000 |
| Average Price: | $379,868 | $386,248 | $426,445 |
| Home Sales: | 398 | 391 | 362 |
| Sale/List Price Ratio: | 96.8% | 96.1% | 96.5% |
| Days on Market: | 120 | 122 | 111 |
Home prices turned around last year after eking out a small gain in 2010. The median price for homes dropped 7.4% while the average price was off 7.3%. The median price for condos/lofts was down 12.4%. The average price dropped 13.1%.
Click on Annual Trends in the menu to the left for full details plus the California Association of REALTORS® forecast for 2012.
Sales of single-family, re-sale homes rose 1.8% from November, and were up 9.9% year-over-year.
The median price for homes fell 0.6% from November, and was down 4.5% year-over-year. For the year, the median price for homes priced under $500,000 lost 7.7%. For homes priced between $500,000 and $1,000,000, the median price was up 2%. The median price for homes over $1,000,000 dropped 1%.
Condo sales were up 20.8% year-over-year.
The median price for condos rose 5.3% from November, but was down 10.1% compared to last December.
for homes gained one point to +8.
sales momentum by using a 12-month moving average to eliminate seasonality. By comparing this year’s 12-month moving average to last year’s, we get a percentage showing market momentum.
the blue shows momentum for home sales while the purple line shows momentum for the median price for single-family, re-sale homes.
peaked at +7 in September 2010. In December, pricing momentum was up one point to -8.
The graph below shows the percentage of homes sold in three different segments of the market, year-to-date for 2011 and the full year for other years.
The real estate market is very hard to generalize. It is a market made up of many micro markets. For complete information on a particular neighborhood or property, or for an evaluation of your home's worth, call me.
If I can help you devise a strategy, call or click the buying or selling link in the menu to the left.
The tables below break-out the real estate statistics for Sonoma County and each city we track. Some cities are not included in the monthly statistics because sales volume is too low to ensure meaningful trends. Many of those cities are included in our Annual Trends section. (See menu to the left.)
| December Sales Statistics | ||||||||
| (Single-family Homes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| County | $315,000 | $379,868 | 398 | 120 | 96.8% | -4.5% | -10.9% | 9.9% |
| Bodega Bay | $530,000 | $482,000 | 5 | 97 | 95.1% | 12.2% | 2.0% | 150.0% |
| Cloverdale | $238,450 | $363,325 | 12 | 127 | 98.5% | -17.8% | 22.0% | 0.0% |
| Cotati | $320,000 | $332,740 | 5 | 70 | 96.0% | -27.3% | -40.8% | 66.7% |
| Forestville | $215,000 | $231,429 | 7 | 103 | 98.0% | 49.0% | 57.5% | -30.0% |
| Glen Ellen | $315,000 | $390,571 | 7 | 271 | 92.3% | 46.5% | 81.7% | 600.0% |
| Guerneville | $180,000 | $218,029 | 5 | 140 | 96.3% | -28.0% | -29.1% | -44.4% |
| Healdsburg | $505,000 | $533,750 | 12 | 138 | 94.3% | -18.9% | -58.3% | -14.3% |
| Penngrove | $713,500 | $713,500 | 2 | 32 | 96.2% | 18.9% | 24.3% | -60.0% |
| Petaluma | $410,000 | $432,468 | 51 | 122 | 97.0% | 25.4% | 26.4% | 10.9% |
| Rohnert Park | $276,000 | $276,208 | 24 | 94 | 99.6% | -12.4% | -8.7% | 50.0% |
| Santa Rosa | $280,000 | $338,922 | 173 | 120 | 97.3% | -9.7% | -9.7% | 10.2% |
| Sebastopol | $517,000 | $579,542 | 12 | 88 | 96.0% | 3.4% | -5.8% | -36.8% |
| Sonoma | $400,000 | $528,103 | 28 | 97 | 96.7% | -4.6% | -4.7% | 0.0% |
| Windsor | $310,000 | $325,070 | 39 | 116 | 97.1% | -15.8% | -12.4% | 25.8% |
| December Sales Statistics | ||||||||
| (Condos/Townhomes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| County | $142,000 | $160,149 | 58 | 117 | 96.1% | -10.1% | -13.4% | 20.8% |
| Rohnert Park | $139,000 | $129,485 | 17 | 131 | 97.5% | -15.8% | -24.8% | 240.0% |
| Santa Rosa | $137,500 | $157,553 | 25 | 85 | 97.6% | -4.8% | 0.0% | -3.8% |
| Sonoma | $270,000 | $270,000 | 3 | 219 | 95.4% | 50.0% | 50.0% | 200.0% |
To see pricing and trend graphs for individual cities in Sonoma County, click on the cities listed in the menu at the left.
For more detailed information on particular Sonoma County neighborhoods, contact me.
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Based on information from BAREIS for the period January, 1998 through January, 2009.