T
he Santa Rosa real estate market is gaining momentum, according to recent sales data. Despite the wet winter weather, buyers are showing enthusiasm and making moves in the region. In January, 126 new single-family homes were listed for sale in the metro area, a 26% increase from last year and the first time in three years that monthly new listings have surpassed the previous year's numbers.
Home sales also saw an uptick, with buyers claiming 98 dwellings in the first month of 2025, a 14% increase from last year. Sellers completed 68 sales, a 3% gain over last year. The Months' Supply of Inventory (MSI) level rose to 3.2, but is expected to drop significantly when February sales are counted.
Here's how different segments of the Santa Rosa market performed:
Northeast Santa Rosa saw 40 new single-family homes listed in January, a 23% decrease from last year. The supply of homes met similar demand as there were 75 dwellings available for buyers at the start of February. Buyers absorbed 27 homes into new contracts, while sellers received closing checks on 24 properties.
Southeast Santa Rosa had 33 listed properties at the beginning of February, a 52% increase from last year. The submarket saw 16 new listings in January and buyers garnered accepted offers on 16 additional dwellings.
Oakmont experienced increased demand from buyers, with 14 homes contracted for purchase, a 100% increase from last year. Sellers listed 9 new offerings, while property owners received closing checks on just four sales, leaving the region with 23 available homes and an MSI of 5.8.
Northwest Santa Rosa saw more activity in January, with buyers advancing to control 26 more deals and sellers committing 39 new offerings to the market. The MSI rose slightly to 2.5.
Southwest Santa Rosa's activity remained steady, with consumers placing 15 properties into contract and sellers handing over keys to seven new homeowners. The MSI stood at 4.9.
Despite a spike in MSI in some areas, the underlying data suggests that these are temporary blips on the radar. Practitioners in the city anticipate a bustling market in 2025, with more available homes and buyers to match up with each offering.
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