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Sonoma County Housing Market Snapshot for May 2026

We're in the grip of the spring market. Regional activity has picked up. We're seeing encouraging sales activity in the face of economic data that is mixed at best with higher rates. Nonetheless, buyers are out there and sellers are bringing their best foot forward.

See below for select market data that we think helps paint the picture. If you're interested in seeing our full slide-deck, reach out!

Chart compares market and outstanding mortgage rates from 2013 to 2026, ending at 6.1% and 4.5%.Two housing metrics in April's quarter tell completely different stories about the post-financial crisis cycle. The outstanding rate declined steadily from 5.3% in Q2 2013 to 4.0% by Q2 2021 before reversing sharply to 4.5% by Q2 2026, while the market rate fluctuated between 3.6-4.5% from 2013-2019, collapsed to 3.0% in Q2 2021, then surged to 7.0% by Q2 2024 before easing to 6.1% in Q2 2026, still double the COVID-era lows and reflecting persistently restrictive affordability conditions.

Sonoma County active listing inventory chart, with monthly trends from July 2021 to April 2026.

Our Perspective -- Spring is in full swing. During this time of year everything accelerates along with the overall supply of homes into the market. New sellers enter to attract the advent of buyers before the summer. Inventory has jumped substantially, but it's not at last year's level. 

Bar chart of Sonoma County days on market trends from July 2021 to April 2026, peaking near 70 days in early 2026.

Our Perspective -- Across the county, we're seeing signs of buyer activity in the face of upward moving interest rates. This level of demand, we speculate, is due to some carry-over from 2025 when buyers were on the fence and "waiting to see" how market conditions would unfold.  

Sonoma County days-on-market chart, with Sonoma Valley and Sonoma at 37 days and East Petaluma at 12.

Our Perspective -- It's interesting to see this area by area breakdown of Days on Market. While county wide data is useful, it's worth noting that different areas have their own trends and behaviors.  Real Estate, as we like to say, is Hyper Local. 

Santa Rosa is trending above the average...  there is more inventory and competition than most other areas.

Sonoma County sold-to-list price chart: Western Petaluma leads at 102.4%, while Sonoma is lowest at 95.9%.

Our Perspective -- As recent sellers know, the pricing process since early 2025 has had it's ups and downs. Proper pricing has never been more important. In our market, if you're not strategic and measured you can miss-out on initial buyer interest.

 

These recent numbers show how sellers have adjusted to new market dynamics, and the market is meeting them accordingly.

 

We've dug deeper into the market data, and we see that the higher the list price, the lower the List to Sales ratio.

 

 

 

 

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