Is Russian River-Sonoma Coast, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Russian River-Sonoma Coast has remained a Seller's Market.
Key Takeaway
Russian River-Sonoma Coast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Russian River-Sonoma Coast, CA cost?
Median Sold Price
$790,000
$607/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Russian River-Sonoma Coast have sold for 5.9% less than they did a year ago.
Summary: The median home sold price in Russian River-Sonoma Coast was $790,000 in August 2023, down 5.9% from last year, and the median price per square foot was $607.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $495K | $467.2K | -5.6% |
| 2 Bedrooms | $670K | $753K | +12.4% |
| 3 Bedrooms | $1.1M | $910K | -17.3% |
| 4 Bedrooms | $1.4M | $1.4M | +4.8% |
| 5+ Bedrooms | $1.8M | $2.2M | +26.6% |
Summary: Russian River-Sonoma Coast housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 12.4%, 3 bedroom homes decreased by 17.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 26.6%.
Median Sold Price Compared To Nearby Cities
| Cloverdale-Geyserville | $650K | $665K | +2.3% |
| Russian River-Sonoma Coast | $839.6K | $790K | -5.9% |
| Guerneville | $640K | $590K | -7.8% |
| Monte Rio | $580K | $507.5K | -12.5% |
Housing Supply
How many homes are available in Russian River-Sonoma Coast, CA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 150 | 153 | +2.0% |
Summary: The Russian River-Sonoma Coast real estate market had 153 homes for sale in August 2023, a 2.0% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 16 | -11.1% |
| 2 Bedrooms | 56 | 59 | +5.4% |
| 3 Bedrooms | 54 | 56 | +3.7% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Russian River-Sonoma Coast housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 35 | 29 | -17.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Russian River-Sonoma Coast, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Russian River-Sonoma Coast in August 2023, down by 17.1% month-over-month. Of the 29 sold homes, 41% were sold under asking, 17% were sold at asking, and 41% were sold over asking.
Copyright © 2023 by Bay Area Real Estate Information Services, Inc. All rights reserved. 
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.