Fall is beginning, and Sonoma County's housing market is settling into a cooler rhythm than midsummer. Prices and sales pulled back a bit while inventory continued to build, giving buyers more room to explore their options.
Single-family home sales came in at 336, down 9.9% from July and 10.6% year-over-year. The median sales price was $795,000, down 4.8% month-over-month, with homes averaging 58 days on market. Inventory rose to 2.7 months' supply.
Well-priced, well-presented homes are still finding demand. 96% sold at or near list price, and 38% saw multiple offers. As always, conditions vary block by block: Sebastopol stayed tight with a $1.11M median and 47 days on market, while Healdsburg offered more room to negotiate at 83 days and 7.8 months of inventory.
Whether you're planning a move, thinking about selling, or simply curious about your home's value, today's market offers opportunities for both buyers and sellers. If you'd like to discuss what these trends mean for your property, I'm always happy to help.
