Wine Country and Northbay real estate trends for April 2022 ...Middle East

Ukiah Daily Journal - News
Wine Country and Northbay real estate trends for April 2022
By Gerrett Snedaker For all of the areas covered by our Multiple Listing Service (BAREIS), which includes Marin, Mendocino, Napa, Solano and Sonoma Counties, there is an inventory of 1,686 homes and condominiums for sale at the end of April. Inventory is slightly above that of a year ago (1,635) and it is 19 percent above the inventory last month (1,423). This is the first time in two-and-a-half years where inventory in a current month has exceeded inventory one year prior. This indicates a shift in the market.  At times, the inventory has exceeded 10,000 homes in the BAREIS region. Despite the pick-up in April, inventory remains very low on a historical basis. There were 1,557 sales for the

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