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Housing Market Summary
Housing
Affordability
Housing
Affordability
Housing
Affordability
USA California Sonoma
4,409
2020 Home Sales
+7.6%
Change from 2019
$700,000
2020 Median Home Price
+6.5%
Change from 2019
2.1 months
Supply Dec. 2020
-30.0%
Change from 2019
$129,600
Minimum Income
required to buy a home
28%
Housing Affordability
Index (Q42020)
$84,670
Median Household
Income
Sources:   CALIFORNIA ASSOCIATION OF REALTORS®,
Claritas, National Association REALTORS®
411,870
2020 Home Sales
+3.5%
Change from 2019
$659,380
2020 Median Home Price
+11.3%
Change from 2019
1.3 months
Supply Dec. 2020
-48.0%
Change from 2019
128,800
Minimum Income
required to buy a home
27%
Housing Affordability
Index (Q42020)
$75,670
Median Household
Income
5,066,000
2020 Home Sales
+5.6%
Change from 2019
$299,900
2020 Median Home Price
+9.2%
Change from 2019
1.9 months
Supply Dec. 2020
-36.7%
Change from 2019
$56,800
Minimum Income
required to buy a home
55%
Housing Affordability
Index (Q42020)
$62,280
Median Household
Income

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Sonoma Housing Market Summary

  • 1. Housing Market Summary Housing Affordability Housing Affordability Housing Affordability USA California Sonoma 4,409 2020 Home Sales +7.6% Change from 2019 $700,000 2020 Median Home Price +6.5% Change from 2019 2.1 months Supply Dec. 2020 -30.0% Change from 2019 $129,600 Minimum Income required to buy a home 28% Housing Affordability Index (Q42020) $84,670 Median Household Income Sources:   CALIFORNIA ASSOCIATION OF REALTORS®, Claritas, National Association REALTORS® 411,870 2020 Home Sales +3.5% Change from 2019 $659,380 2020 Median Home Price +11.3% Change from 2019 1.3 months Supply Dec. 2020 -48.0% Change from 2019 128,800 Minimum Income required to buy a home 27% Housing Affordability Index (Q42020) $75,670 Median Household Income 5,066,000 2020 Home Sales +5.6% Change from 2019 $299,900 2020 Median Home Price +9.2% Change from 2019 1.9 months Supply Dec. 2020 -36.7% Change from 2019 $56,800 Minimum Income required to buy a home 55% Housing Affordability Index (Q42020) $62,280 Median Household Income