
North Bay Real Estate Market Forecast: April–May 2026
Sonoma, Marin & Mendocino Counties
As we move into the heart of the spring season, the North Bay real estate market is showing signs of normalization after several years of volatility. April and May are traditionally the most active months of the year - and 2026 is shaping up to be a balanced, opportunity-filled market for both buyers and sellers.
A Market in Transition
Across Sonoma, Marin, and Mendocino counties, the market is best described as:
Stable, supply-constrained, and selectively competitive
Inventory is increasing compared to the past few years, giving buyers more options. However, supply still isn’t high enough to create a true buyer’s market. At the same time, higher mortgage rates are keeping demand in check, preventing rapid price growth.
What to Expect This Spring
Inventory is Rising - but Not Flooding
Spring listings are hitting the market, especially in April, giving buyers more choices than they’ve had in recent years. That said, inventory remains below long-term averages, which continues to support home values.
Prices Are Holding Steady
Home prices across the North Bay are expected to remain relatively flat, with modest growth in some areas:
Buyers Are Regaining Leverage
For the first time in years, buyers are gaining negotiating power. This may include:
However, well-priced, turnkey homes in prime locations are still attracting strong interest.
Sellers Must Be Strategic
The days of pricing high and expecting multiple offers are largely behind us. In today’s market:
A “Split Market” Reality
One of the most important trends right now is the growing divide between property types:
County-by-County Snapshot
Sonoma County
Balanced market with improving inventory. Entry-level and well-priced homes see the most activity.
Marin County
Still the most competitive in the region, though more measured than in recent years. Strong demand for quality homes.
Mendocino County
Slower-paced and more price-sensitive. Buyers have the most negotiating power here.
The Bottom Line
The Spring 2026 market in the North Bay is not defined by extremes. Instead, it reflects a healthier, more sustainable environment:
This is the most “normal” spring market we’ve seen in years—creating real opportunities for both buyers and sellers who approach it strategically.
”At Home with April!“ is a publication that you’re welcome to use, share, and review. You’re always welcome to contact me directly with any questions you have pertaining to Real Estate.
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