Is Cloverdale-Geyserville, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cloverdale-Geyserville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Cloverdale-Geyserville has remained a Seller's Market.

Key Takeaway

Cloverdale-Geyserville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cloverdale-Geyserville, CA

How much do homes in Cloverdale-Geyserville, CA cost?

Median Sold Price

$690,000

$415/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,000(+4.5%)

Key Takeaway

Homes in Cloverdale-Geyserville have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in Cloverdale-Geyserville was $690,000 in May 2024, up 4.5% from last year, and the median price per square foot was $415.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $420K$337K
-19.8%
2 $620K$649K
+4.7%
3 $645K$650K
+0.8%
4 $750K$807K
+7.6%
5+ $850K$1.7M
+102.9%

Summary: Cloverdale-Geyserville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 102.9%.

Median Sold Price Compared To Nearby Cities

Cloverdale-Geyserville
+4.5%
Cloverdale
+1.7%
Cobb
+1.0%
Russian River-Sonoma Coast
0.5%

Housing Supply in Cloverdale-Geyserville, CA

How many homes are available in Cloverdale-Geyserville, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5172+41.2%

Summary: The Cloverdale-Geyserville real estate market had 72 homes for sale in May 2024, a 41.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 02
+100.0%
2 817
+112.5%
3 2732
+18.5%
4 913
+44.4%
5+ 78
+14.3%

Summary: The Cloverdale-Geyserville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 112.5%, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
515+200.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cloverdale-Geyserville, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Cloverdale-Geyserville in May 2024, up by 200.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 0% were sold at asking, and 47% were sold over asking.

Days on Market for Cloverdale-Geyserville, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Cloverdale-Geyserville, CA

Nearby Markets to Cloverdale-Geyserville, CA

What housing markets are near Cloverdale-Geyserville, CA?