| Trends at a Glance | |||
| (Single-family Homes) | |||
| Jun 08 | May 08 | Jun 07 | |
| Median Price: | $401,500 | $420,050 | $600,000 |
| Average Price: | $495,546 | $542,889 | $698,423 |
| Home Sales: | 408 | 369 | 340 |
| Sale/List Price Ratio: | 96.6% | 96.2% | 97.2% |
| Days on Market: | 103 | 115 | 98 |
Sales of single-family, re-sale homes in Sonoma County were up 20% year-over-year in May for the second month in a row. Sales rose 10.6% from May. Year-to-date, home sales are off just 7.1%.
The median price for single-family, re-sale homes in Sonoma County dropped 4.4% from May, and was off 33.1% year-over-year. The average price for homes dropped 8.7%, month-over-month, and was down 29% compared to last June.
Sales of bank-owned properties continues to dominate the market. The good news is that people are snapping them up. The bad news is, theses sales are driving statistical prices down.
Condo sales jumped 75% from May, but were down 17.6% year-over-year. The median price for condos gained 1.5% from May, off 32.7% year-over-year. These numbers can, and do, swing wildly because there are so few sales.
The time it takes from when a home was listed for sale to when it was put under contract fell twelve days to 103, that is the fewest number of days on market since the 98 last June. The average days on market for condos dropped 26 days to 104 days.
The sales price to list price ratio for single-family home rose 0.4 of a point to 96.6%. The condo ratio gained 1.5 points to 95.4%.
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 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.)
| June Sales Statistics | ||||||||
| (Single-family Homes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| County | $401,500 | $495,546 | 408 | 103 | 96.6% | -33.1% | -29.0% | 20.0% |
| Bodega Bay | $1,100,000 | $1,100,000 | 2 | 198 | 93.8% | 81.2% | 81.2% | 0.0% |
| Cloverdale | $332,500 | $327,902 | 10 | 113 | 100.0% | -26.4% | -25.4% | 0.0% |
| Cotati | $380,000 | $501,000 | 4 | 141 | 98.1% | -50.5% | -33.0% | -50.0% |
| Forestville | $453,750 | $708,125 | 4 | 143 | 93.5% | 2.9% | 38.3% | -20.0% |
| Glen Ellen | $1,537,500 | $1,537,500 | 2 | 121 | 88.4% | 25.5% | 48.8% | -33.3% |
| Guerneville | $370,000 | $345,482 | 11 | 91 | 95.7% | 0.0% | -17.6% | 22.2% |
| Healdsburg | $667,500 | $755,740 | 15 | 104 | 96.1% | -8.8% | -13.5% | -6.3% |
| Penngrove | $720,000 | $720,000 | 1 | 32 | 98.6% | -13.0% | -17.2% | -75.0% |
| Petaluma | $447,500 | $496,510 | 56 | 96 | 97.2% | -28.6% | -22.3% | 12.0% |
| Rohnert Park | $335,000 | $351,942 | 24 | 99 | 99.7% | -36.2% | -30.8% | 41.2% |
| Santa Rosa | $365,000 | $431,505 | 195 | 104 | 97.2% | -38.9% | -35.1% | 68.1% |
| Sebastopol | $659,000 | $627,133 | 15 | 62 | 97.8% | -9.8% | -29.7% | -25.0% |
| Sonoma | $505,000 | $650,496 | 25 | 65 | 96.2% | -27.1% | -23.3% | -30.6% |
| Windsor | $430,000 | $453,541 | 27 | 116 | 97.3% | -24.6% | -41.2% | 17.4% |
| June Sales Statistics | ||||||||
| (Condos/Townhomes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| County | $232,500 | $259,028 | 56 | 104 | 95.4% | -32.7% | -28.8% | -17.6% |
| Rohnert Park | $225,000 | $240,034 | 16 | 130 | 91.5% | -29.7% | -26.2% | -23.8% |
| Santa Rosa | $214,750 | $239,341 | 22 | 96 | 96.3% | -38.1% | -31.0% | -21.4% |
| Sonoma | $450,000 | $431,000 | 3 | 84 | 99.2% | -29.5% | -32.5% | 50.0% |
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 September, 2007.