Holiday Fun in Sonoma County
The holiday season is here in Sonoma County, and with it, the expected quieting of real estate activity as the focus shifts to holiday gatherings, seeing friends and family, and warm celebrations.
Buying or selling a property may not be top of mind for you with all the other festivities this month, but there is something to be said for listing your home during the quiet of winter: there’s less competition on the market, and buyers who are still actively looking are serious buyers.
Homes that go into contract during the second half of December typically wouldn’t close escrow until sometime in January—what a way to kick off 2024! Food for thought, along with all the other holiday delicacies.
Speaking of celebrations, you may have noticed you did not receive an invite to my annual pie party this year. After much consideration, I decided to cancel the event due to the late harvest.
I was concerned the crush pad where I typically host it might have been occupied with winemaking and the gardens with rain. I hope to be on track in 2024 with a backup plan!
Now, let’s take a look at the latest Sonoma County stats…
Median Sales Price for Single Family Homes was $803K during the month of November, down 2.7% compared to the same period last year. Average Days on Market dropped by 3.8% to 50 days. The number of Single Family Homes sold was 219, which was down over 20% compared to November last year.
In Sonoma County, the number of available properties for sale has started to increase and ease things a bit for buyers. Months’ Supply of Inventory (MSI) is a helpful metric for understanding market pressures. It measures how long it would take all currently available properties to sell at our current sales pace. For November, MSI was 2.7 months – up 42.1% compared to the same period last year.
Remember, the right time to move is always when it’s the right time for your individual circumstances. Want to craft a strategy to make the most of this market? Let’s chat.
Ok, enough real estate talk for now… are you ready to enjoy a little holiday fun before we launch into a new year? If so, keep reading for some festive events happening around Sonoma County over the next few weeks.
Merry Christmas & Happy New Year! ?
Now though Dec 31st – Old Courthouse Square, Santa Rosa
Grab the kids, family and friends and head down to Skating on the Square to celebrate the holidays. In addition to skating, Winter Lights will feature several holiday markets making Downtown Santa Rosa the perfect place to buy last minute gifts and celebrate the season.
It’s time to say goodbye to 2023 and hello to 2024. From family-friendly parties to classy feasts and dancing, here are 17 places around Sonoma County that are hosting parties to celebrate the new year.
Jan 13-14th – Wineries in Northern Sonoma County
Restock your cellar, sip wine with friends, discover new wineries or old favorites in Sonoma County Wine Country. Enjoy two days along the Wine Road for the 31st Annual Winter WINEland…the perfect winter escape to experience the beauty of Winter in Sonoma County.
*Participating wineries are located throughout Healdsburg, Santa Rosa, Windsor, Guerneville, Forestville, Sebastopol, Cloverdale and Geyserville.