Sonoma Average Sales Price and Units Sold 2001 - present

As you will see in the chart below, the average sales price for homes in the City of Sonoma varies widely from month to month.  In fact, so far this month (April 2008) the average sales price is over $5M.  That will come down as lower priced homes sell throughout the month.  As far as the number of homes being sold, people are starting to snap up the distress sales, increasing the number of homes being sold -- and driving down the average sales price.  The sooner they sell, the sooner we will return to a more normal market.

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