Sonoma Q1 Update


Sonoma Q1 Update

Looking through the raw data, there’s a lot to take in. In terms of the number of homes sold, Cloverdale saw the largest jump when comparing February ‘17 and February ‘18 with a 144% change from 3 to 11. However, when comparing Q1 2017 to Q1 2018, Bodega Bay tops Cloverdale (144%) with a 217% spike in homes sold. Other cities like Cotati and Forestville saw their quarterly totals rise significantly, while Petaluma saw the largest drop in homes sold (32%) from 139 to 94.

4522 BENNETT VALLEY ROAD

With the median days on market decreasing by 31% in Sonoma when comparing February year-over-year, homes in cities like Cloverdale, Cotati, Geyserville, Jenner, Occidental, and Sebastopol all saw a drop of 50% or greater. While homes in Cazadero and Guerneville saw increases of 83% and 84% respectively in February, both cities numbers are down when comparing Q1 2017 to Q1 2018, with Cazadero seeing a 24% decrease and Guerneville seeing a 34% decrease.

1980 GRAVENSTEIN HIGHWAY

The median price of homes in Geyserville skyrocketed in February ‘18, marking a 114% increase from February ‘17 from an average of $864,500 to $1,850,000. Cazadero (87%) and Forestville (80%) saw similar bumps in February, but when comparing Q1 2017 to Q1 2018, their changes are a lot less significant, with Cazadero even seeing a 9% decrease in price from $456,325 to $417,500. And while Kenwood saw a quarterly dip in the number of homes sold in 2018, the city also saw a massive spike in median price, going up 79% from $1,170,000 to $2,091,490.

5925 CHEMISE ROAD

Interestingly enough, Sonoma’s percentage change in February almost directly mirrors the percentage change between quarters. The number of homes sold went up 6% in February and up 4% during the quarter. The median days on market dropped 31% in February and dropped 29% during the quarter. While homes are selling at a faster rate, they are also increasing in sale price; the median price went up 12% in February and up 11% during the quarter.

Here’s some Sonoma listings to consider:
 

26845 WILLOW TERRACE

34111 PINE MOUNTAIN ROAD

18182 FITZPATRICK LANE

5925 CHEMISE ROAD

1150 TZABACO CREEK ROAD

1980 GRAVENSTEIN HIGHWAY

701 HIDDEN ACRES ROAD

4522 BENNETT VALLEY ROAD

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    Offered at $1,150,000. Located in the desirable West End neighborhood of sunny San Rafael, this charming 3 bedroom single story home is on the market for the first time in 50 years. This classic shingled residence is flooded with natural light from the expansive picture windows, bay windows, and French doors, creating a warm welcoming ambience throughout. The living room boasts an attractive wood burning brick fireplace around which to gather. The kitchen features a breakfast area and opens to a flat, secluded, sun-drenched yard with built in fireplace and BBQ that is perfect for entertaining family and friends. This property also features a separate artist's studio (with electricity) that could be used as a playhouse, hobby area, or storage room. A laundry room off the kitchen with a partial half bath and a side-by-side two car garage completes the floor plan and provides ample storage. Live in as-is, renovate, or rent out as an investment property- charm, location, and opportunity awaits!
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    Offered at $999,000. Charming and light filled 3 bedroom, 2 bath home sits on approximately 10,000 sq ft and is surrounded by a natural landscape. This two story home offers privacy and amazing valley views from its many windows and features air conditioning and beautiful hardwood floors. On the main level there is a living room, dining area, kitchen, three bedrooms including master bedroom and two bathrooms. Downstairs is a family room, office area and tandem two-car garage. The property features multiple decks, delicious pear/apple tree, a redwood tree, and vegetable planters. This home is located near the San Anselmo/Fairfax border and is moments away from popular Good Earth, coffee cart, restaurants and the theatre. Fairfax is known for its night life and trails for the outdoor enthusiast. Won't last!
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    Offered at $989,000. What everyone has been looking for: Here's your chance to own in a sought-after neighborhood of San Rafael. You'll enjoy entertaining in your formal living room, or for more casual affairs, in the spacious family room with fireplace, adjacent and open to the large kitchen. Down the hall are 3 Bedrooms and 2 Baths. Facing West, the spacious and private backyard features a patio ideal for al-fresco dining, as well as a picturesque lawn and other lounge and play areas. 2-car garage. Close to transportation, shopping, schools! Hurry on this one!
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