Sales Data-July 2009 Sonoma County
2009 July Sales:
ALL CATEGORIES (Single family,condos,Farms and Ranches ONLY) :
Active listings-1574
Continue to show or just in escrow:-1058
Pending-firmed up escrows: 227
Sold: 500 Up 6.5% over last year at this time-not spectacular by any means!
However, Median Price down ONLY 11.25%!!
REO(Real Estate Owned-bank foreclosed properties):
A-131 (only 8% of ALL current listings!)
CTS-153 (14.5% of all )
Pending: 78 (34% of all)
Solds: 147 (29% of all sales)
Short Sales -Those selling below current loans secured on their house:
A-186 (12% of all Actives)
CTS-645 (61% of CTS!! A BIG number!)
Pending 67 (29.5%)
Sold: 86 (17% of all sales Short-Sales: Up 42% over last year but DOWN 14% from previous month!)
Total foreclosure market is 46% of SOLDS or 233 of marketplace
REO's-sales down 32% over last year!
HOWEVER!! VACANT HOMES:
A-545 Median $440,00 DOM 102
CTS-416 Median $279,000
Pending-119
Sold-303 $310, 85DOM 60% of all the sold listings are VACANT!!
So what do these numbers tell us? Our Median Price overall is down ONLY 11.25%!! REO Median sales price- DOWN 20% dispels the therory of price creep in the REO market? Short-Sales: Median DOWN 25% over last year!! Still not much to hang your hat on! So what in the Wide,Wide,Wide world of sports is a goin' on around here?
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