Santa Rosa home values have dipped compared to last year, with typical values down about 6.0% year over year. At roughly $710,000, homes here are priced below the broader Sonoma County typical value of about $781,500. Even with that decline, the local market still leans toward sellers, reflected in its seller's market designation.
Looking at more recent movement, prices and pace have both shifted in the latest month. Typical home values climbed about 4.1% month over month, while the median list price jumped roughly 6.1% to around $769,000.
Conditions on the ground show relatively lean supply and steady demand. Inventory sits near 260 homes, with about 2.7 months of supply and 113 new listings, down more than 33% from last year. Buyers are acting, with 132 pending sales and roughly 31% of homes selling above list, while the average sale-to-list ratio is just under 1.0, at about 0.995. Homes are taking around 43 days to sell, yet that’s over a third faster than the prior month, and about 16% of sellers are cutting prices. With values projected to edge up to about $724,000 and list prices toward $791,000 next month, both buyers and sellers can benefit from an Agent Pronto match to find a Santa Rosa agent who understands these trends.
