Happy New Year 2020!
Let’s Welcome This New Decade of The Twenties!
Here’s a recap of 2019 and prior trends for Sonoma County.
We’re excited about this year and look forward to assisting you and anyone you know with any real estate questions or needs.
Wishing you much happiness and success in 2020.
RicRoc & Callista
Generally speaking, after years of solid appreciation rates,
» Read more about: Sonoma County Real Estate January 2020 Report »
Updated Market & Census Statistics, Home Prices & Appreciation Rates, Luxury Home Sales, Price Reductions, Employment, & Interest Rates.
Year-over-Year Q3 Comparisons –
Q3 2016 – Q3 2019
Median House Sales Prices by Quarter
After significant drops in median sales prices beginning in summer 2018 (following a very strong spring 2018 selling season), prices bounced back up: In Q3, the Sonoma County median house price was up a little on a year-over-year basis, » Read more about: Sonoma County Real Estate October 2019 Report »
Let’s review the Q2 for Sonoma County real estate – Inventory has been higher on a year-over-year basis in the last 12 months, but in 2019, it has not been particularly high by historical measures.
If you have questions regarding your property value, or have friends or loved ones who desire market information, senior transition assistance, or any questions regarding real estate in Sonoma, Napa, or anywhere in the Bay Area, we are here to address any local real estate needs, » Read more about: Sonoma County Real Estate August 2019 Report »
Stock markets hit new highs, interest rates hit multi-year lows, and by virtually measurement, the Sonoma County market rebounded in Q2 from the slowdown in the previous 3 quarters. However, these same indicators of market heat were distinctly cooler compared to conditions prevailing in late 2017 and the first half of 2018 – when the market was very hot – and the Sonoma median home sales price is currently about 5% below the peak reached in Q2 2018.
» Read more about: Sonoma County Q2 Market Report – Compass »
Let’s check out the Sonoma County Market activity – here’s the June 2019 Update for your review.
Spring Sales Activity Jumps; Median Sales Prices Slightly Down Year-over-Year.
Long-Term Median Home Price Trends
Short-Term Median Home Price Trends
The peak median house sales price in Sonoma County was hit in June of last year.
Year-over-Year Comparisons, March-May
As we have gotten deeper into spring,
» Read more about: Sonoma County Real Estate June 2019 Market Report »
As we step into Spring check out our update on the Sonoma real estate market. And if you have a question or need in Sonoma or another location, we look forward to hearing from you.
Around the Bay Area, spring 2018 was one of the hottest markets in the last 2 decades. The market began to cool considerably in summer and autumn – demand, sales and appreciation rates dropping,
» Read more about: Sonoma County Real Estate Entering the Spring Selling Season »
How did Sonoma’s median house prices look in 2018 …… On a quarterly basis, the median house price peaked in the second quarter and then began to drop. What’s in store for 2019 – let’s take a look at the detail.
If you or anyone you know desires more information on the Bay Area Real Estate Market Activity – feel free to contact us anytime and we are happy to assist.
Happy New Year! » Read more about: Sonoma County Real Estate Looking Back on 2018 »
The CoreLogic S&P Case-Shiller high-price-tier Home Price Index for the 5- county San Francisco Metro Area, illustrated above by the blue line, applies best to more expensive Bay Area housing markets such as most of San Francisco, Marin, San Mateo and Diablo Valley/Lamorinda. The SF Metro low- and mid-price tiers had much more dramatic bubbles …
Continue reading “30+ Years of Bay Area Real Estate Cycles”
Here’s a Mid-Year Update for Sonoma County. Comparing the first half of 2018 to 2017, the Sonoma County median house sales price increased by about 9%. Let’s look into the detail and we’ll keep you posted as we move into the second half of the year. Need any assist, we are here for you and your friends real estate needs. Enjoy the detail.
Appreciation is typically viewed through the lens of percentage changes,
» Read more about: The Sonoma County Real Estate Market Mid-Year 2018 Update »
Sonoma County Market Activity Update – 2018 – Let’s review the market dynamics for Sonoma County as we kick into the new year.
It is not unusual for monthly median sales prices to drop during what is often described as the mid-winter market doldrums, but, as seen in the first chart above, not this year in Sonoma: Median prices have been consistently climbing since autumn began, with the fire clearly increasing demand since it occurred,
» Read more about: Very Strong Market Dynamics Continue into Early 2018 »