Is Sonoma, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sonoma has remained a Seller's Market.
Housing Prices in Sonoma, CA
How much do homes in Sonoma, CA cost?
Median Sold Price
$915,000
$630/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sonoma was $915,000 in April 2024, down 3.2% from last year, and the median price per square foot was $630.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $450K | $415K | -7.8% |
2 Bedrooms | $740K | $775K | +4.7% |
3 Bedrooms | $1.0M | $1.0M | -3.3% |
4 Bedrooms | $1.4M | $1.8M | +28.6% |
5+ Bedrooms | $2.0M | $3.7M | +87.2% |
Summary: Sonoma housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 87.2%.
Housing Supply in Sonoma, CA
How many homes are available in Sonoma, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
111 | 132 | +18.9% |
Summary: The Sonoma real estate market had 132 homes for sale in April 2024, a 18.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 32 | 35 | +9.4% |
3 Bedrooms | 43 | 50 | +16.3% |
4 Bedrooms | 22 | 29 | +31.8% |
5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Sonoma housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Sonoma in April 2024, up by 31.8% month-over-month. Of the 29 sold homes, 48% were sold under asking, 21% were sold at asking, and 31% were sold over asking.
Days on Market for Sonoma, CA
We’re sorry, we don't have information for this market at the moment