| Trends at a Glance | |||
| (Single-family Homes) | |||
| Nov 08 | Oct 08 | Nov 07 | |
| Median Price: | $324,900 | $360,000 | $500,000 |
| Average Price: | $389,252 | $438,090 | $630,996 |
| Home Sales: | 355 | 506 | 240 |
| Sale/List Price Ratio: | 97.4% | 96.5% | 96.0% |
| Days on Market: | 102 | 104 | 120 |
Sales of single-family, re-sale homes in Sonoma County continued to increase in November, up 47.9% year-over-year. Year-to-date, home sales are up 19.7%.
The median price for single-family, re-sale homes in Sonoma County dropped 9.8% from October, and was off 35% year-over-year. The average price for homes fell 11.1%, month-over-month, and was down 38.3% compared to last November.
The California Association of REALTORS® reported that affordability in Sonoma County in the third quarter more than doubled from the year before. Last year 25% of household could afford to buy an entry-level home compared with 52% this year.
Condo sales were up 71.1% year-over-year. The median price for condos lost 20.2% from October, off 45.5% year-over-year.
The time it takes from when a home was listed for sale to when it was put under contract dropped two days to 102 days. The average days on market for condos rose seven days to 107 days.
The sales price to list price ratio for single-family home rose 0.9 of a point to 97.4%. The condo ratio fell 1.7 points to 96.5%.
The real estate market is very hard to generalize. It is a market made up of many micro markets. For complete information on a particular neighborhood or property, or for an evaluation of your home's worth, call me.
If I can help you devise a strategy, call or click the buying or selling link in the menu to the left.
The tables below break-out the real estate statistics for Sonoma County and each city we track. Some cities are not included in the monthly statistics because sales volume is too low to ensure meaningful trends. Many of those cities are included in our Annual Trends section. (See menu to the left.)
| November Sales Statistics | ||||||||
| (Single-family Homes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| County | $324,900 | $389,252 | 355 | 102 | 97.4% | -35.0% | -38.3% | 47.9% |
| Bodega Bay | - | - | - | - | - | n/a | n/a | n/a |
| Cloverdale | $298,000 | $316,424 | 17 | 79 | 96.0% | -26.9% | -30.6% | 325.0% |
| Cotati | $360,000 | $390,106 | 9 | 67 | 96.3% | -72.8% | -70.6% | 800.0% |
| Forestville | $189,000 | $189,000 | 1 | 161 | 89.2% | -50.5% | -53.2% | -85.7% |
| Glen Ellen | - | - | - | - | - | n/a | n/a | n/a |
| Guerneville | $333,750 | $337,938 | 4 | 94 | 92.1% | -7.3% | -6.8% | -55.6% |
| Healdsburg | $407,000 | $567,482 | 7 | 129 | 92.6% | -13.3% | -26.4% | -41.7% |
| Penngrove | $670,000 | $697,412 | 3 | 45 | 93.8% | -19.0% | -19.8% | -25.0% |
| Petaluma | $380,000 | $419,206 | 48 | 109 | 99.1% | -26.9% | -29.3% | 65.5% |
| Rohnert Park | $319,500 | $334,327 | 26 | 87 | 97.4% | -25.3% | -23.5% | 116.7% |
| Santa Rosa | $289,000 | $337,381 | 180 | 108 | 98.6% | -41.2% | -39.3% | 95.7% |
| Sebastopol | $700,000 | $735,222 | 9 | 88 | 97.5% | -3.3% | -8.8% | -50.0% |
| Sonoma | $340,041 | $578,115 | 19 | 73 | 93.0% | -53.5% | -34.8% | -20.8% |
| Windsor | $365,000 | $376,449 | 23 | 114 | 98.2% | -19.1% | -47.1% | 109.1% |
| November Sales Statistics | ||||||||
| (Condos/Townhomes) | ||||||||
| Prices | Unit | Change from last year | ||||||
| Median | Average | Sales | DOM | SP/LP | Median | Average | Sales | |
| County | $150,000 | $163,026 | 65 | 107 | 96.5% | -45.5% | -44.8% | 71.1% |
| Rohnert Park | $159,750 | $155,030 | 10 | 97 | 95.3% | -35.5% | -37.4% | 0.0% |
| Santa Rosa | $139,000 | $136,753 | 43 | 107 | 96.3% | -49.5% | -52.5% | 186.7% |
| Sonoma | $330,000 | $314,000 | 5 | 131 | 94.8% | -32.7% | -35.9% | 400.0% |
To see pricing and trend graphs for individual cities in Sonoma County, click on the cities listed in the menu at the left.
For more detailed information on particular Sonoma County neighborhoods, contact me.
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Based on information from BAREIS for the period January, 1998 through September, 2008.