Sonoma Median Home Price Trends By Quarter, Since 2012
Bay Area Median House Sales Prices by County For 3rd Quarter 2016
Sonoma, Marin, San Francisco, CA & US Home Prices By Year, Longer-Term Trends
Click on the map below to access median home prices by city across the Bay Area
Selected Market Dynamics Statistics Months Supply of Inventory (MSI)
The lower the MSI, the stronger the demand as compared to the supply of homes for sale. The under $1 million market remains deep in seller-market territory. The market for higher-priced homes is significantly cooler and subject to more dramatic fluctuations in MSI. (This is common in virtually all markets.)Average Days on Market
Average days on market for homes selling without prior price reductions have not changed substantially from Q3 2015 & 2014. As will be seen in later charts, homes that go through price reductions before selling usually take much, much longer to sell.Sales Price to List Price Percentage & Average Days on Market With & Without Price Reductions
The 2 charts below dive into pricing and overpricing issues by breaking out 1) homes that sell without going through a prior price reduction, 2) listings that sell subsequent to price reductions, and 3) listings that simply do not sell (expire). The first chart is for the house and condo market under $1,000,000, and the second is specifically for luxury homes, defined here as homes selling for $1 million or more.Sonoma Homes under $1 Million
Sonoma Luxury Homes, $1 Million+
Luxury Home Sales by City
Bay Area Case-Shiller Home Price Index Rate of appreciation changes by price segment 5-County SF Metro Area
Case-Shiller Index numbers all refer to a January 2000 price of 100, and track appreciation since then. Thus 243 on the chart signifies a price 143% above that of January 2000. For the purposes of this report, the direction of the trend lines is more important than the actual numbers.Bay Area Average Asking Rents
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