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Current Market Dynamics

Check out Sonoma County Real Estate Market stats for the last twelve months.

The last month of 2020 continued the overall trend we saw during the second half of the year. The market remained active ending the month of December with an increase in the median price of sold properties over the prior month, a small increase in the overall number of sales and available inventory continuing to decline.

Residential inventory continued to decrease through December. The number of properties under contract continued to decline month over month through December.

The average days on market remained consistent through December and the number of properties under contact declined slightly.

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All information presented was obtained from BAREIS MLS for illustration purposes. Century 21 Bundesen does not guarantee the information reflected herein.