🌿 Spring in Sonoma County: Local Events, Market Insights & Tax Tips!
Spring is just around the corner here in beautiful Sonoma County, and with it comes fresh opportunities, vibrant local events, and a renewed focus on our homes.
As we move into 2025, Sonoma County’s real estate market reflects a changing landscape, with year-over-year shifts in pricing, inventory, and buyer activity shaping the market.
As your resource for all things Sonoma County real estate—from horse and country property to homes and condos in town—I’m excited to share the latest market updates, emerging trends, and helpful financial tips.
Whether you’re thinking about buying, selling, or simply staying informed, I’m here to help you make the most of this vibrant season.
January’s data highlights key metrics as the market transitions in 2025.
➡ For single-family homes, the median sold price for single-family homes in January was $819K, a slight 1.3% decline from January 2024.
➡ The price per square foot saw a sharper drop, down 19.7% year-over-year to $526, suggesting a market correction after previous price increases.
➡ Homes spent 63 days on the market, selling 7.4% faster than a year ago.
➡ While the number of homes sold remained relatively flat, inventory levels increased by 47.6% to 3.1 months, giving buyers more choices and more negotiating power.
The condominium market experienced more dramatic changes. The median sold price fell 8.7% year-over-year to $418K, though the price per square foot increased 14.3% to $553, indicating demand for specific types of units.
Condo sales held steady compared to last year, but inventory nearly doubled, rising 94.4% to 3.5 months, reflecting a shift toward a more balanced market.
Click here to read the full Sonoma County January Market Report.
Looking ahead, Sonoma County’s real estate market is offering more opportunities for buyers as inventory rises to slightly over three months. Sellers will need to be strategic in pricing and property preparation to stand out in an increasingly competitive landscape.
As market conditions continue to evolve, working with an experienced agent will be essential to making informed decisions in 2025. Have a real estate need? Let’s talk!
pambuda@gmail.com | (707) 480-4142
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Tips to Boost Your Finances
For many, spring is tax season — a perfect time to evaluate your overall financial health. Use this opportunity to refine your budget and set yourself up for financial success for the rest of the year.
