May 2026 North Bay Market Update cover with rocky coastline and ocean

North Bay Housing Market Update May 2026

Dena Bliss May 21, 2026

Market Snapshot

  • Marin and Sonoma Counties led the North Bay market with year-over-year price growth.

  • Solano and Napa Counties continued to experience modest price softening.

  • Inventory remains significantly below 2025 levels across both homes and condos.

  • Single-family homes are selling quickly throughout most of the region.

Pricing Trends

Single-Family Homes

Marin County

  • Median sale price: $1,905,000

  • Year-over-year change: +4.38%

Sonoma County

  • Median sale price: $870,000

  • Year-over-year change: +2.35%

Solano County

  • Median sale price: $579,000

  • Year-over-year change: -1.78%

Napa County

  • Median sale price: $905,000

  • Year-over-year change: -3.72%

Condo Market Trends

Marin County Condos

  • Year-over-year change: +11.44%

Sonoma County Condos

  • Year-over-year change: +8.21%

Solano County Condos

  • Year-over-year change: +2.61%

Napa County Condos

  • Year-over-year change: -13.92%

Inventory Remains Extremely Tight

Single-Family Homes

  • Active inventory: 2,481 homes

  • Year-over-year inventory decline: -36.98%

Condos

  • Active inventory: 347 units

  • Year-over-year inventory decline: -24.57%

Market Activity Continues Improving

Sales Activity

  • Single-family home sales increased 9.01% year-over-year

  • Condo sales increased 11.24% year-over-year

  • April recorded:

    • 980 single-family home sales

    • 988 new single-family listings

Key Trend

  • Supply and demand remain tightly balanced, continuing to support pricing in high-demand markets.

Homes Are Selling Faster

Single-Family Homes — Median Days on Market

Marin County

  • 13 days

  • Unchanged from last year

Sonoma County

  • 26 days

  • Improved 10.34% year-over-year

Solano County

  • 26 days

  • Improved 10.34% year-over-year

Napa County

  • 54 days

  • Slower market pace with a 63.64% increase in days on market

Condo Market Timing

Key Trends

  • Napa County condos are selling 31.25% faster than last year

  • Sonoma and Solano County condos are taking approximately 19% longer to sell

Seller’s Market Conditions Intensify

Single-Family Homes — Months of Supply Inventory (MSI)

Marin County

  • 2.2 months of supply

  • Year-over-year decline: -53.19%

Solano County

  • 2.6 months of supply

  • Year-over-year decline: -23.53%

Sonoma County

  • 2.8 months of supply

  • Year-over-year decline: -48.15%

Napa County

  • 6.0 months of supply

  • Year-over-year decline: -33.33%

Condo Market Conditions

Condo MSI

  • Marin County: 3.8 months

  • Sonoma County: 3.8 months

  • Solano County: 4.1 months

  • Napa County: 5.6 months

Key Trends

  • Condo markets remain more balanced and buyer-friendly than single-family homes

  • Inventory is tightening across the region, even within the condo segment

Key Takeaways

  • Marin and Sonoma Counties continue leading the North Bay’s price growth.

  • Tight inventory remains the dominant theme across the market.

  • Single-family homes remain firmly in seller’s market territory.

  • Condo buyers still have more negotiating leverage, though conditions are tightening heading into summer.

North Bay housing charts compare condo and single-family prices and condo price changes across four counties.

Charts of North Bay home price changes and condo and single-family home inventory through April 2026.

Three charts compare North Bay inventory and condo days on market from April 2024 to April 2026.

Line chart comparing North Bay days on market by county from April 2024 to April 2026.

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