Peter Schardt monogram Peter Schardt Marin & Sonoma County

Market report

The North Bay market, in plain numbers

This report covers the two markets I work most: Novato in Marin County and Petaluma in Sonoma County. It pulls from public market sources and is updated by me, a local, not by an algorithm that has never driven the 101.

Updated September 8, 2026 · Sales Associate · 01702383 · California

Marin County

Novato

$1,300,000

median closed price, single-family homes

  • 90-day window ending June 30, 2026
  • Down about 2.6% year over year
  • About 21 days on market
  • Roughly 1.3 months of supply
  • Still the most affordable citywide median in Marin County

Source: BAREIS MLS data via Imagine Marin. View source

Sonoma County

Petaluma

$900,000

3-month median sale price, Redfin 2026

  • Down about 2.2% year over year
  • A competitive market: about 2 offers per home
  • Homes selling in about 28 days on average
  • PropertyShark Q1 2026 median: about $937,000
  • Houzeo median estimate: about $880,000

Source: Redfin; PropertyShark; Houzeo market data. View source

Figures are drawn from the cited public sources and may be revised by the sources themselves. Markets move week to week. For the current picture in your exact price range and neighborhood, call me: (415) 328-2637.

What it means for you

Three honest takeaways

A flattened, cooler market

After years of appreciation, North Bay pricing has leveled off in 2025 and 2026, with more days on market and more room for well-prepared buyers.

Pricing power is shifting

List prices and sale prices are converging. Homes priced honestly from the start are selling on normal timelines; late-priced homes sit.

Timing still matters

Less inventory overall keeps good homes competitive. The buyers winning today are pre-approved, decisive, and working with someone local.

Aerial view of San Pablo Bay marshlands between Novato and Petaluma at dusk

Wondering what yours is worth?

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Numbers only tell half the story. I know the other half.

Twenty-one years of sales, showings, and negotiations across this exact geography. Bring me your questions.