Sonoma Housing Market Report – May 2026
Here's a look at how the Sonoma, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 45
- Median Sale Price: $975,000
- Average Sale Price: $1,610,875
- Average Price Per Sq Ft: $773
- Average Days on Market: 80
- Sale-to-List Price Ratio: 98.3%
Month-Over-Month Trends
Compared to April, the median sale price in Sonoma moved 6.0% down (from $1,037,500 to $975,000). The number of homes sold was 29.7% down compared to the prior month (64 vs. 45). Average days on market shifted 1.2% down (81 days to 80 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 14.5% down (from $1,140,000 to $975,000). Sales volume is 10.0% down year-over-year.
What This Means
Sonoma's real estate market is experiencing a notable cooldown in May, with prices pulling back noticeably from both monthly and yearly perspectives. The median sale price dropped 6 percent from April and has fallen 14.5 percent year-over-year, suggesting that sellers have gradually adjusted their expectations in a slower market environment. The 98.3 percent sale-to-list ratio indicates homes are still selling close to asking price, which isn't terrible, but the combination of declining prices and shrinking sales volume tells a story of reduced buyer urgency and increased inventory pressure.
Perhaps more telling is the uptick in days on market for active listings, now averaging 101 days compared to just 80 days for homes that actually sold. This gap suggests that properties currently listed are sitting longer before finding buyers, and some may not be priced competitively enough for today's conditions. With 227 active listings on the market, inventory levels are healthy relative to monthly absorption, giving buyers more options and negotiating power than they've had in recent years.
The fundamentals point to a buyer's market taking shape in Sonoma, likely driven by sustained higher interest rates and seasonal spring inventory. For sellers, this is a reality check to price thoughtfully and ensure homes are market-ready. For buyers, patience and selectivity are increasingly rewarding.
Sonoma Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95476 | 44 | $1,050,000 | $773 | 77 |
| 95472 | 1 | $75,000 | N/A | 217 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 32 | $1,406,500 | $870 |
| LAND | 5 | $725,000 | N/A |
| MOBILE | 5 | $175,000 | $174 |
| CONDOS | 2 | $518,500 | $559 |
| FARM | 1 | $4,400,000 | $1,313 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 2 |
| $100K - $199K | 5 |
| $300K - $399K | 1 |
| $400K - $499K | 1 |
| $500K - $749K | 6 |
| $750K+ | 30 |
Current Active Listings
As of this report, there are 227 active listings in Sonoma with a median asking price of $1,075,000 and an average of 101 days on market.
Thinking About Selling Your Sonoma Home?
If you're a homeowner in Sonoma considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Sonoma and throughout Sonoma County — get a no-obligation cash offer today.