📊 Sonoma County Market Update: Key Housing Trends
“April prepares her green traffic light and the world thinks Go.” – Christopher Morley
Spring has officially sprung in Sonoma County!
The days are longer, the hills are greener, and the real estate market is beginning to wake up from its winter nap.
While some buyers are still navigating affordability and rate adjustments, many are re-entering the market with fresh energy—and more inventory means more opportunity all around.
March’s data highlights key metrics as the market transitions in 2025.
➡ Compared to March of last year, the median sales price for single-family homes held relatively steady, down just 0.5% to $865,000.
➡ The price per square foot rose 4% to $570, and homes moved slightly faster than a year ago, averaging 52 days on market.
➡ While the number of homes sold dipped by 9.7%, the increase in inventory —up 76.5% to 3.0 months—gives buyers more breathing room and sellers more reason to price competitively.
More interesting than the monthly stats is a look at how things have evolved over the last five years.
The median sold price in Sonoma County has increased over 30% – that’s a lot of built-up equity for those who bought during the pandemic!
The condo market also had its spring moment…
The median sold price up 4.5% to $460,000 and price per square foot rising 7.3%. Sales volume was down, with 21 units sold (a 22% decrease from March 2024), and homes took a bit longer to sell on average.
Click here to read the full Sonoma County March Market Report.
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
______________________________________________________________________________________
