In August home prices ticked up in Napa, Sonoma, and Solano counties, but Mendocino Lake and Marin counties along with San Francisco trended downward as compared to July.
The median price for a single-family home sold across the nation in August was $440,000, while the median in California was $839,500. For the North Bay, the median was $738,000. Inventory remains low on a historical basis. At times the number of homes for sale has exceeded 10,000 for Marin, Mendocino, Napa, Solano, and Sonoma counties. Multiple listings for August show North Bay inventory was at 2,747 homes for sale, 14% below a year ago.
Find a comparison chart of the North Bay counties prices and annual/monthly changes below:
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