This market insight report includes data for Sonoma County and Santa Rosa, single family homes as well and lots and land. We also see trends in luxury home sales, from $2-3M and $3M+.
April was another strong month for home sales. The busy spring market continues to see many multiple offer situations driving sales prices above asking price. With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold price suggests. Such markets can create stress and frustration for prospective homebuyers, who are frequently having to submit offers on multiple properties before they are able to secure a purchase.
Curious how much your home is worth in today’s market?
Get in touch » for additional insight on current market conditions.