Is Santa Rosa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Santa Rosa has remained a Seller's Market.
Housing Prices in Santa Rosa, CA
How much do homes in Santa Rosa, CA cost?
Median Sold Price
$742,778
$460/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Santa Rosa was $742,778 in April 2024, up 4.4% from last year, and the median price per square foot was $460.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380.5K | $389K | +2.2% |
2 Bedrooms | $550.9K | $560K | +1.6% |
3 Bedrooms | $711.9K | $730K | +2.5% |
4 Bedrooms | $873.6K | $911.2K | +4.3% |
5+ Bedrooms | $1.1M | $1.2M | +12.2% |
Summary: Santa Rosa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Cities
Sebastopol | $988.8K | $1.1M | +16.3% |
Santa Rosa | $711.4K | $742.7K | +4.4% |
Housing Supply in Santa Rosa, CA
How many homes are available in Santa Rosa, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
397 | 487 | +22.7% |
Summary: The Santa Rosa real estate market had 487 homes for sale in April 2024, a 22.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 8 | +14.3% |
2 Bedrooms | 80 | 90 | +12.5% |
3 Bedrooms | 169 | 213 | +26.0% |
4 Bedrooms | 100 | 131 | +31.0% |
5+ Bedrooms | 41 | 45 | +9.8% |
Summary: The Santa Rosa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 26%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
109 | 123 | +12.8% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
61 Homes Were Sold
Over Asking
Summary: A total of 123 homes were sold or pending in Santa Rosa in April 2024, up by 12.8% month-over-month. Of the 123 sold homes, 35% were sold under asking, 15% were sold at asking, and 50% were sold over asking.
Days on Market for Santa Rosa, CA
How long does it take to sell a home in Santa Rosa, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 19 Days | -45.1% |
Summary: Homes in Santa Rosa had an average of 19 days on market in Apr 2024, down by 45.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 123 homes were sold in Santa Rosa; 1% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.