Is Santa Rosa, 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, Santa Rosa has remained a Seller's Market.
Housing Prices in Santa Rosa, CA
How much do homes in Santa Rosa, CA cost?
Median Sold Price
$742,037
$458/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Santa Rosa was $742,037 in March 2024, up 4.2% from last year, and the median price per square foot was $458.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380.5K | $387K | +1.7% |
2 Bedrooms | $563.7K | $550K | -2.4% |
3 Bedrooms | $713.9K | $729.9K | +2.2% |
4 Bedrooms | $869K | $905K | +4.1% |
5+ Bedrooms | $1.1M | $1.3M | +15.6% |
Summary: Santa Rosa housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
Sebastopol | $935K | $1.1M | +23.0% |
Santa Rosa | $712.3K | $742K | +4.2% |
Housing Supply in Santa Rosa, CA
How many homes are available in Santa Rosa, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
328 | 394 | +20.1% |
Summary: The Santa Rosa real estate market had 394 homes for sale in March 2024, a 20.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 78 | 80 | +2.6% |
3 Bedrooms | 131 | 163 | +24.4% |
4 Bedrooms | 84 | 102 | +21.4% |
5+ Bedrooms | 27 | 42 | +55.6% |
Summary: The Santa Rosa housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
92 | 105 | +14.1% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 105 homes were sold or pending in Santa Rosa in March 2024, up by 14.1% month-over-month. Of the 105 sold homes, 37% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for Santa Rosa, CA
How long does it take to sell a home in Santa Rosa, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 112 Days | +25.4% |
Summary: Homes in Santa Rosa had an average of 112 days on market in Mar 2024, up by 25.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 105 homes were sold in Santa Rosa; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.