Is Santa Rosa, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Santa Rosa is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Santa Rosa, CA cost?

Median Sold Price

$680,667

$431/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$54,181(+8.6%)

Key Takeaway

Homes in Santa Rosa have sold for 8.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $323K$335K
+3.7%
2 $475K$536.6K
+13.0%
3 $622.9K$684.9K
+10.0%
4 $775K$832K
+7.4%
5+ $980K$1.1M
+18.4%

Median Sold Price Compared To Nearby Cities

Sebastopol
+28.7%
Santa Rosa
+8.6%
Russian River-Sonoma Coast
+6.3%

How many homes are available in Santa Rosa, CA?

Number of Homes For Sale

Apr 2022May 2022%
376386+2.7%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 46
+50.0%
2 7676
0.0%
3 189177
-6.3%
4 82103
+25.6%
5+ 2524
-4.0%

Number of Homes Sold

Apr 2022May 2022%
154133-13.6%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

96 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Santa Rosa, you could pay more than the asking price. 72.2% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
11 Days14 Days+27.5%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Santa Rosa are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Santa Rosa, CA

There are 386 homes are for sale in Santa Rosa, CA real estate market. The number of listings in Santa Rosa, CA increased by 2.7% between April 2022 and May 2022. Listings spent 14 days on the market in May 2022, and had a median list price of $680,667 during the same period. Listing prices have changed in this real estate market between April 2022 and May 2022: prices of 1 bedroom properties went up by 3.7%, prices of 2 bedrooms properties increased by 13%, prices of 3 bedrooms properties increased by 10%, prices of 4 bedrooms properties went up by 7.4%, prices of 5 bedrooms properties increased by 18.4%. Volume of homes for sale changed: the quantity of 1 bedroom homes went up by 50%, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 6.3%, 4 bedrooms homes inventory increased by 25.6%, volume of 5 bedrooms homes went down by 4%. In May 2022 more than 96 listings in Santa Rosa, CA were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 18 were sold below.

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