How's the real estate market in Sonoma, CA? A number of buyers have asked me that question since the first of the year. So, as of today....January 9, 2010....here's what the MLS listings for Sonoma Valley show, starting with active listings:
- There are 156 residential properties for sale ranging in price from $105,000 to $13,500,000
- 24 are condos or townhomes priced between $105,000 and $875,000
- Of the entire listed, 35 are distressed sales (foreclosures, in default, or REOs.)
And the MLS listings now in escrow:
- 77 homes are in contingent status priced from $299,000 to $3,100,000 and 10 of those are condos.
- We have 14 pending sales priced from $135,500 to $1,975,000 and one of these is a condo.
As for distressed properties under contract, nearly two-thirds...about 65%....are distressed sales.
For more information give me a call or shoot me an email. It's a great time to be looking for property in Sonoma Valley!
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