News You Can Use and Market Reports March 2024

Dear clients and friends:

Welcome! Our monthly blog includes Area Reports for all of Sonoma County, Market Reports for the Sonoma Coast and more.

Real Estate Snapshot: We’ve had a rainy 2024 so far. Few properties have come on the market, and due to pent up buyer demand from last year, many properties have received multiple offers and have sold for over the asking price. In the agent meetings we attend, we hear there are properties that will be coming to market when the sun comes out. Yet, it seems the low inventory environment will persist this Spring in our area.

Some Buyers Need to Sell Their Home When They Buy: Our client wanted to sell her Oakmont home and move to Sebastopol. She had her eye on a Sebastopol property. We wrote a Purchase Agreement on the Sebastopol home that was contingent upon the successful sale of her Oakmont home. We were working to get the Oakmont home on the market and networking it with other agents as a “coming soon”. We were able to get an accepted offer for our client on the Sebastopol home. Then, we were able to get the Oakmont home into contract even before it came on the market. That offer on the Oakmont home was all-cash, for full price, and included a month of free occupancy for our seller, to help make the move easier. 20 days later, both properties closed escrow. We are very happy for our client, and she is happy too!

Sneak Peak of our upcoming listing: This attractive and updated Northwest Santa Rosa single level home is located on a large lot at end of a cul-de-sac. The home has dual pane windows, air conditioning, and seller owned solar.

SONOMA COUNTY COMMUNITY AREA REPORTS

Here are the February 2024 reports analyzing data as it affects these specific market areas. The Market Summaries below offer a look at sales activity for the prior month and year, along with current and past year-to-date statistics. The graphs cover several different aspects of the real estate market. Note how some of the graphs break out trends by price increments. Please contact us if you would like more information on the current market.

COASTAL MARKET REPORTS

Below are links to our Coastal Market Reports ending February 29, 2024. Each of these market reports include Active, Under Contract and SOLD properties for the last 12 months. A Market Snapshot is followed by a Market Summary, then the Local Inventory shows full details of every property included in that report.

If you’re thinking of selling or want to know your property’s value, we’d be happy to provide you with a free in-depth analysis, share our exclusive marketing plan and consult on pre-market improvements.

If you’re looking to purchase a property in Sonoma County, we have the tools to help you achieve your real estate goals. Just give us a call or text us at (707) 206-2109. Or email Laura@LauraRichards.Net. We love hearing from you!

Do you want to receive a report for a specific ZIP CODE? Sign up HERE for “Neighborhood News”.

If you want to explore ALL Sonoma County properties currently on the market, click on SONOMA COUNTY PROPERTY SEARCH. Let us know if you would like us to set up a Custom Search that gets emailed to you daily. Here’s a link to OUR BIO. Here’s OUR ACTIVE LISTINGS. Here’s OUR SOLD PROPERTIES.

LOCAL NEWS AND EVENTS

It’s time to walk among the wildflowers! In Spring, kissed by winter rains, Sonoma County bursts with a colorful array of wildflowers, including deep orange poppies, bright blue iris, purple lupine, snowy milkmaids, yellow buttercups, blue-eyed grass, pink wild rose, and many other species. Here’s the link to 10 Great Wildflower Walks in Sonoma County

Where to Go Whale Watching on the Sonoma Coast: Twice each year, some 20,000 gray whales pass along the California coast as they swim south to breeding lagoons on the west coast of Baja California during winter months, then back to their summer feeding grounds in the Arctic’s Bering Sea in spring. The round trip for these sea giants is roughly 12,000 mile and is considered one of the longest among mammals. If you’d like to witness this epic journey, the peak months for whale watching are January through May. If the weather is good, whales can be seen within a few hundred yards of coastal headlands. During spring migration, even little whales are a big deal, as the recently born calves cavort with their mothers on their way back to colder waters. Here’s the link for WHALEWATCHING

THIS MONTH: Coldwell Banker Realty’s MARCH GIVEAWAY:

If you don’t receive an email invite to enter the Wayfair Giveaway from us on Tuesday, March 12th, just let us know and we can send you the link. We’ll update the link here on the 12th as well. You can enter anytime between March 12th through the end of March.

Sincerely,

Laura Richards & Kent Byers
Global Luxury Specialist, Broker Associate
Mobile: (707) 206-2109
Email: Laura@LauraRichards.Net
CalBRE #01354895 & CalBRE #01013997

Website: SONOMACOUNTYHOMES.NET Like us on FACEBOOK

“The Pacific Ocean in Your Front Yard, Wine Country in Your Back Yard!”

News You Can Use and Market Reports March 2024

Home

Properties

About Us

Blog

Neighborhood News