The median sales price for Sonoma County real estate has been in the same general range since the spring, and it mostly stayed put in November, ending the month at $528,400. The average buyer paid 96.5 percent of original price, nearly identical to October’s number.
The pace of home sales remained consistent with the past few months, with the average property taking 63 days to change hands. Inventory has been thinning this fall, with the monthly supply of inventory (MSI) dropping to 1.8 months in November.
Our real estate market in Sonoma County includes the cities of Cotati, Healdsburg, Penngrove, Petaluma, Rohnert Park, Santa Rosa, Sebastopol, and Windsor. Sales data in the adjoining chart includes all single-family homes and farms and ranches in Sonoma County.
Click Here for a full page view of the Sonoma County Real Estate November 2015 Market Report.