Real Estate Report presented by Beth Robertson

September 2021 Report

Single Family Homes in Sonoma County, All Cities, All Neighborhoods Change >


Median Price
$740,000
-3.3%
Average Price
$930,522
-3.1%
No. Sold
503
-12.1%
Pending Properties
949
+10.0%
Active
685
-10.6%
Sale/List Price Ratio
102.0%
-0.2%
Days on Market
45
-0.5%
Days of Inventory
39
-1.7%

Market Barometer

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Market Commentary

Sales Prices Dip in September

The median sales price for single-family, re-sale homes fell 3.3% from August. It was up 3.5%, year-over-year. The average sales price fell 3.1% from August. It gained 1% year-over-year.

Sales of single-family, re-sale homes in Sonoma County were up 1% year-over-year. There were 503 homes sold. The average number of homes sold each month since 1998 is 409.

As of October 5th, there were 949 single-family, re-sale homes pending. The average since January 1998 is 191.

Inventory was down 31.2% year-over-year. As of October 5th, there were 685 homes for sale. We average 1,391.

The time it takes to sell a home, meaning from when the home is listed to when it goes into contract, was forty-five days. The average since January 1998 is eighty days.

Days of inventory for homes is now at thirty-nine.

Days of Inventory reflects an estimate of the amount of time it would take to sell all the current listings if no new listings became available. It is calculated by taking the number of homes for sale and dividing by the number of homes sold in a given time frame. We use last month’s sold number.

The median sales price for condominiums rose 6.6% year-over-year. The average sales price was up 9.5%. 

Condo sales were flat compared to last August. There were fifty-six condos sold last month.

Condo inventory was down 54.9%. As of October 5th, there were sixty-four condos for sale. The average is 166.

Pending condo sales were up 70.3%

Condos are selling in sixty-eight days. The average since 2009 is seventy-one.

If you would like to know what’s going on in your neighborhood, visit my on-line report and click on Recent Sales & Listings. That will tell you what is for sale, what has sold and what is pending in a radius around your home.

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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