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Sonoma, CA Real Estate Market Conditions Update ~ July 2011

By
Real Estate Agent with Fathom Realty Group License# 01336994

As of August 6, 2011 33% of available listings in the beautiful wine country town of Sonoma are in escrow.

For the month of July 2011 33 homes sold in Sonoma for an average final selling price of $388,233.

The average original asking price of these homes was $478,427.

The range of final selling prices was from a low of $171,000 to a high of $1,300,000.

Of the 33 homes that sold (13 of which were distress sales) 2 sold at their original asking prices and 6 sold over their original asking prices.

It took these homes an average of 164 days to sell.

To see everything that is currently available for sale through our MLS click here.

To see some of the many fun things to do in our neck of the woods click here.

To learn more about this area in general search more around this blog, visit my website or contact me directly.

156 East Napa Street in Sonoma by Kelley Eling, Marin County Realtor
156 East Napa Street in Sonoma by Kelley Eling, Marin County Realtor
Nicole Needham
Needham Realty - Winters, CA
SFR (530) 302-5478

Kelly, Who is buying in Sonoma, Is it locals or people moving in from out of town or maybe vacation homes?

Aug 08, 2011 07:40 AM
Kelley Eling
Fathom Realty Group - Sonoma, CA
Realtor Extraordinaire

Locals, second homes, retirees, first time buyers...

Aug 08, 2011 09:24 AM
Yolanda Cordova-Gilbert
Richmond, TX

Kelly,

           Nicole asked a good question, I guess this is the time to buy in Wine Country with homes being low and interest rates still at historic lows. I may have to bruse the listings!

Aug 12, 2011 11:36 AM
Kelley Eling
Fathom Realty Group - Sonoma, CA
Realtor Extraordinaire

Let me know if you need a link!

 

Aug 12, 2011 01:09 PM