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Healdsburg Market Report May 2022

Healdsburg Monthly Market Update: Help your clients reset EXPECTATIONS C.A.R. Reports Shelter costs continue to stay elevated as rental rates rise primarily due to supply shortage.

The market began to see some signs of relief in housing supply, as inventory – both existing and new – continued to rise as sales began to adjust to higher interest rates. New home sales showed a brief sign of resurgence in recent weeks, as buyers took advantage of a slight pullback in rates and rushed to lock in rates before they move even higher.

Housing analysts share that home sellers may need to readjust their expectations, many are still holding on to hope for a big resale profit. As the market shifts more in buyers’ favor, over 25 percent of homes on the market have experienced a price drop as of mid-June, according to data from Altos Research.

Contact

328 Healdsburg Ave. Ste. B Healdsburg, CA, 95448
(707) 331-4327
info@hutcheonpignigroup.com
Kim Hutcheon • DRE #01207046
Niccolo Pigni • DRE #02103177

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