Is Cloverdale, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Cloverdale has remained a Seller's Market.
Key Takeaway
Cloverdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cloverdale, CA
How much do homes in Cloverdale, CA cost?
Median Sold Price
$669,500
$398/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Cloverdale have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Cloverdale was $669,500 in March 2024, up 7.2% from last year, and the median price per square foot was $398.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $298.5K | -35.1% |
| 2 Bedrooms | $581K | $649K | +11.7% |
| 3 Bedrooms | $615K | $665K | +8.1% |
| 4 Bedrooms | $750K | $750K | 0.0% |
| 5+ Bedrooms | $765K | $850K | +11.1% |
Summary: Cloverdale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.1%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Cloverdale-Geyserville | $642.9K | $693K | +7.8% |
| Cloverdale | $624.5K | $669.5K | +7.2% |
Housing Supply in Cloverdale, CA
How many homes are available in Cloverdale, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 32 | +39.1% |
Summary: The Cloverdale real estate market had 32 homes for sale in March 2024, a 39.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 11 | 18 | +63.6% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Cloverdale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 63.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cloverdale, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Cloverdale in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Cloverdale, CA
We’re sorry, we don't have information for this market at the moment
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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