Market Updates

Sonoma County Year-End Market Report

January 19, 2018

As 2017 came to a close, Sonoma County, like its neighbor Marin, saw a ten-year low in inventory, down by 17% year over year. The compound effects of uncertainty around the tax bill and the devastation wreaked by the wild fires in Sonoma County in October impacted both sales and listings, freezing the market in place for a time. The resiliency of the residents and the enduring attractiveness of the area are expected to effect resurgence of activity, bringing with it the liveliness typical of the Sonoma County market. Days on market were reduced further by 6%. Units sold remained nearly flat and the median price in 2017 rose 9%.

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