As of May 4, 2007 18% of available listings are in escrow in Sonoma, CA, indicating a Buyer's Market. So, HELLO BUYERS! We Want YOU in Sonoma!!!
While the sales volume has picked up some, it's not enough to keep up with the increasing inventory. Prices, however, are holding pretty steady.
For the month of April 2007 31 homes sold in Sonoma for an average final selling price of $758,161.
The average original list price was $816,952.
These homes took an average of 125 days to sell.
Of the 31 homes that sold 2 sold AT their original asking price and 3 sold OVER.
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