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Sonoma County Market Report May 2024

Sellers started jumping back into the market in April with new listings, the highest in almost two years. This is a big change in market dynamics if it continues. Depending on the market segment (pricing and location)- sales volume, luxury sales, and the speed at which listings sold all increased as the market moved further into Spring.

But not every listing sells- price reductions also rose in April. Preparing, pricing, and marketing the home properly still matter. This report also includes breakouts of home values and market conditions across cities and towns within the county/region.