Is Cloverdale-Geyserville, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2022
At the same time last year, Cloverdale-Geyserville was a Seller's Market.
Key Takeaway
Cloverdale-Geyserville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices
How much do homes in Cloverdale-Geyserville, CA cost?
Median Sold Price
$670,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2022
Key Takeaway
Homes in Cloverdale-Geyserville have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Cloverdale-Geyserville was $670,000 in October 2023, up 4.1% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2022 | Oct 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $420K | -8.7% |
| 2 Bedrooms | $594K | $609K | +2.5% |
| 3 Bedrooms | $650K | $650K | 0.0% |
| 4 Bedrooms | $795K | $750K | -5.7% |
| 5+ Bedrooms | $1.2M | $850K | -29.2% |
Summary: Cloverdale-Geyserville housing prices by bedroom type for October 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes increased by 2.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 29.2%.
Median Sold Price Compared To Nearby Cities
| Cobb | $316K | $380K | +20.3% |
| Cloverdale | $615K | $649K | +5.5% |
| Cloverdale-Geyserville | $643.4K | $670K | +4.1% |
| Russian River-Sonoma Coast | $815K | $789.6K | -3.1% |
Housing Supply
How many homes are available in Cloverdale-Geyserville, CA?
Number of Homes For Sale
| Sep 2023 | Oct 2023 | CHANGE |
|---|---|---|
| 55 | 48 | -12.7% |
Summary: The Cloverdale-Geyserville real estate market had 48 homes for sale in October 2023, a 12.7% decrease compared to September 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Oct 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 31 | 26 | -16.1% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Cloverdale-Geyserville housing inventory by bedroom type for October 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2023 | Oct 2023 | CHANGE |
|---|---|---|
| 14 | 5 | -64.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cloverdale-Geyserville, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Cloverdale-Geyserville in October 2023, down by 64.3% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
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