More homes came to market last month, giving buyers greater choice and a bit more room to be discerning. Even with inventory opening up, buyer activity remained strong, with many markets seeing a noticeable increase in sales. Homes that are thoughtfully priced, well-prepared, and presented at their best continue to stand out, while market conditions still vary depending on the neighborhood and property type.
In Sonoma County, the number of home sales increased 22.6% to 271 from the prior month, while the number of available listings increased 23.1% to 661. Days on market decreased 16.2% to 62 days. Median sales price increased 3.1% from the prior month and increased 1.4% from the prior year to $875,000.
Curious what this market means for your home or your next move? Let’s connect and talk through the right strategy for you.
