North Bay Real Estate Market Update – Feb 2025

Here is your North Bay real estate market update for February 2025. The green graph shows Sold Listings vs New Listings for combined Sonoma County, Napa County, and Marin County. The blue graphs show median price trends separated out by county.

It never fails that we see a pretty quick increase in new listing inventory in January. Lots of folks wait until just after the holidays to put their homes on the market and capitalize on renewed buyer interest, which perks just after the start of the new year. We tend to see another bump in inventory just after the Super Bowl. Interest rates have come down a touch since late in 2024, which should free even more sellers up to be able to make a move when the time is right. By all accounts, it looks as if this will be a fairly strong and active year for North Bay real estate in 2025.

Median prices tend to bottom out in December/January and then increase throughout the spring. Economists expect a modest rise in home prices nationwide in 2024, and the North Bay typically exceeds national trends. A 4% to 5% increase in home prices this year would not be surprising.

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