North Bay Real Estate Boom
North Bay Home Sales Show Robust Market Activity in Santa Rosa, Petaluma, and Napa
Key Points
Santa Rosa: The July 31 sale at 937 Kingwood Street closed for $530,000 (about $482/sq ft) for a 3-bedroom, 2-bath, 1,?1,? ... actually 1,? the listing shows a 3,051 sq ft lot and a 2-story home with central heating.
Santa Rosa: 2477 Meda Avenue sold July 31 for $629,000 at 1,155 sq ft (~$545/sq ft), a 3-bedroom, 2-bath single-family with a fireplace and attached garage on a 3,618 sq ft lot.
Petaluma: 1273 Del Rancho Way (built in 2022) sold July 31 for $845,000, 2,077 sq ft, 3 bedrooms and 4 bathrooms, with central heating and a 2-car attached garage on a 3,798 sq ft lot.
Napa: 1040 H Street sold July 29 for $590,000; a two-bedroom, one-bath home built in 1940 with an attached garage and a pool on a 3,485 sq ft lot.
Napa: 1722 Sierra Avenue sold July 30 for $800,000; 2,050 sq ft, 3 bedrooms, 2 baths, with a fireplace, attached garage, and a pool with a hot tub/spa on a large 9,148 sq ft lot.
A wave of home sales closed across California's North Bay on July 31, with prices ranging from $530,000 in Santa Rosa to $845,000 in Petaluma, according to Fresno Bee and Sacramento Bee. The deals highlight strong demand for single-family homes in Sonoma and Napa counties, where buyers are paying between $400 and $550 per square foot.
Across Santa Rosa, Petaluma, and Napa, homes sold quickly and at premium prices. Most properties were modest in size — between 1,100 and 2,100 square feet — yet commanded prices well above the half-million-dollar mark.
Santa Rosa Sales Range from $530K to $629K
Two Santa Rosa homes changed hands on July 31. The first, at 937 Kingwood Street, sold for $530,000 — or $482 per square foot — according to Fresno Bee. The two-story home sits on a 3,051-square-foot lot and has three bedrooms and two baths with central heating.
The second Santa Rosa sale, at 2477 Meda Avenue, closed for $629,000 — about $545 per square foot. That 1,155-square-foot home has three bedrooms, two baths, a fireplace, and an attached garage, all on a 3,618-square-foot lot, Modesto Bee reported.
Petaluma's Newest Home Fetches $845,000
The priciest sale in this group was in Petaluma. The home at 1273 Del Rancho Way sold July 31 for $845,000, or $407 per square foot. Built in 2022, it is the newest property in this batch of sales, according to Sacramento Bee.
The two-story Petaluma home offers 2,077 square feet of space. It has three bedrooms and four bathrooms, a two-car attached garage, and central heating — all on a compact 3,798-square-foot lot, Fresno Bee reported.
Napa Buyers Pay Up for Pools and Large Lots
Napa recorded two notable sales just before July 31. A two-bedroom, one-bath home at 1040 H Street — built in 1940 — sold July 29 for $590,000. Despite its age, the home comes with an attached garage and a pool on a 3,485-square-foot lot.
A larger Napa home at 1722 Sierra Avenue closed July 30 for $800,000. That 2,050-square-foot property has three bedrooms, two baths, a fireplace, a pool, and a hot tub. It sits on a spacious 9,148-square-foot lot — more than twice the size of most other lots in this group.
Napa Commands Higher Price Per Square Foot Than Santa Rosa
When comparing cost per square foot, Napa edges out Santa Rosa. Napa listings in this period ranged from about $374 to $691 per square foot, averaging roughly $527. Santa Rosa listings ran from $341 to $545 per square foot, averaging about $481.
The top price-per-square-foot in the entire group came from 1548 Tallac Street in Napa, which sold for $760,000 — just 1,100 square feet — putting it at $691 per square foot. That figure shows buyers in Napa will pay a steep premium, even for smaller homes.
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