Is Cotati, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cotati is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Cotati has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cotati, CA

How much do homes in Cotati, CA cost?

Median Sold Price

$647,500

$484/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$32,500(-4.8%)

Key Takeaway

Homes in Cotati have sold for 4.8% less than they did a year ago.

Summary: The median home sold price in Cotati was $647,500 in March 2024, down 4.8% from last year, and the median price per square foot was $484.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $462.5K$430K
-7.0%
3 $683K$700K
+2.5%
4 $851.2K$1.2M
+47.7%
5+ $800K$2.5M
+221.7%

Summary: Cotati housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 47.7%, and 5+ bedroom homes increased by 221.7%.

Median Sold Price Compared To Nearby Cities

Rohnert Park
+3.6%
Cotati
-4.8%

Housing Supply in Cotati, CA

How many homes are available in Cotati, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1719+11.8%

Summary: The Cotati real estate market had 19 homes for sale in March 2024, a 11.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 25
+150.0%
4 98
-11.1%
5+ 12
+100.0%

Summary: The Cotati 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 decreased by 20%, 3 bedroom homes increased by 150%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cotati, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Cotati in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Cotati, 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 26 Days Ago

Newest Listings in Cotati, CA

Nearby Markets to Cotati, CA

What housing markets are near Cotati, CA?