November 2025 - North Bay Market Insights

The Local Lowdown

Quick Take

Median sale prices have remained largely stagnant year-over-year. Inventories declined for the first time in months. Listings are spending more time on the market.

Median sale prices remain stagnant as we move closer to winter

Prices remained within expected bands. Sonoma sold for 3.47 percent below last year, Marin 1.43 percent below, Solano 0.81 percent below, and Napa 0.17 percent higher.

Inventories are beginning to decline

Single-family inventory dropped 2.98 percent year-over-year. Fewer new listings (down 14.75 percent) and slightly more sold listings (3.95 percent increase) contributed to a 12.14 percent month-over-month inventory drop. Condo inventories remain slightly elevated (3.49 percent higher than last year).

The average Napa County listing spends 88 days on the market

Listings in Napa and Sonoma are taking longer than last year. Napa averages 88 days (+72.55 percent YOY, +69.23 percent month-over-month). Solano 14.71 percent longer, Sonoma 34.21 percent longer, and Marin remains the same.

The continued shift in power toward sellers

MSI shows Marin balanced at 3 months, while Sonoma 3.9, Solano 3.3, and Napa 7.7 months for single-family homes. Condo market slowly moves toward balance with Sonoma 4.1, Marin 4.2, Solano 5.7, and Napa 7.5 months.

Bottom Line North Bay

North Bay is shifting slightly toward sellers as inventory declines and homes take longer to sell. Single-family homes remain strong, while condos are slowly moving toward a balanced market. Buyers should act thoughtfully, and sellers can expect favorable conditions.