Demand for housing was up in 2021

Demand for housing was up, with 195 homes sold in 2021. Compare that to 141 homes sold in 2020 and 137 homes that sold in 2019.

Housing inventory was low in Cloverdale, California

Even with the increase in the number of homes sold in 2021, inventory was low in Cloverdale. At most, we had only 3.4 months of inventory on the market. By the end of 2021 we only had 1.3 months of inventory left.

Prices were UP

As you probably know, prices were up in Cloverdale. The most expensive home sold for 5.5 million. That 28-acre property only came with a fixer upper! The least expensive home was a condo for $230,000.

The average sale price for a single-family home in Cloverdale in 2021 was $781,691. However, because numbers are skewed by sales as high as 5.5 million, I prefer to see a different data set. Instead, consider the median price, which came in at $650,000.

24 Homes Sold In Clover Springs

In case you are interested, I also took some time to break out some sectors of our housing market.  The median sale price of the 24 homes that sold in Clover Springs was $590,000. But get this, the highest priced sale in our 55+ community was $875,000!

14 Condos Sold In Cloverdale

The other notable sector is our condominium market. These 14 sales included Cloverdale Meadows, Garden’s at Thyme Square, Cloverleaf Estates (the colorful condos on Treadway), and Solar Park. The median sales price was $336,500. Yet, the highest priced condo sold for $525,000. That’s $90,000 more than the year before.

Most Recent 15 Months – Cloverdale For Sale/Sold/Pended/New Listing by month

Months of Inventory for the past 15 Months

Here’s a yearly look as closed sales over the last 15 years.

These stat show the number of homes on the market and the number of closed sales at the end of a period, meaning, at months end in that year.

Notice in 2007 and 2008 there were nearly 100 homes on the market, compared to around 10 homes sold in that month.

Homes for Sale under One Million

Special Credit to BAREIS and Trendgraphix

Credit for this detailed information is given to the Bay Area Real Estate Information System Multiple Listing Service, or BAREIS MLS for short, and Trendgraphix, Inc. who pulls their information from BAREIS®. Also, please note, this information is deemed reliable but is not guaranteed.

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