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Monday, November 4, 2024

Sonoma County home valuation prices fell in February 2023 compared to the same period in 2022

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In February 2023, the median sale price of a home in Sonoma County fell by $17,500 from the same period in the previous year, while total sales decreased by 40.9%, according to BlockShopper.com.

Data shows that there were 250 homes sold in February 2023, with a median sale price of $687,500 - a 2.5% decrease from the $705,000 median sale price for the same period of the previous year. There were 423 homes sold in Sonoma County in February 2022.

For context, the median sales tax in Sonoma County, based on the latest available data from 2021, was $5,095, which stands at 0.7% of February 2023's median home sale price.

The following histogram displays changes in median sales prices in Sonoma County from February 2022 to February 2023.

February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023$705,000$705,000$749,000$749,000$776,822$776,822$775,000$775,000$785,000$785,000$760,000$760,000$752,750$752,750$745,000$745,000$725,000$725,000$775,000$775,000$703,000$703,000$689,911$689,911$687,500$687,500

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