New Sonoma Real Estate Listings
The first broker tour of Autumn 2010 was light on new Sonoma Valley real estate listings. The highest priced home in Kenwood was a repeat showing of a property that first hit the market at $4,250,000 in mid-June. The price is now $3,795,000 and for that you get a 5000 square foot single level home and this pool with a gorgeous Sonoma Valley view.
Here's what the list of properties on tour this week looked like (sorry for the fuzzy font):
Cash is playing a big role in sales of Sonoma real estate. Buyers are paying cash for nearly 30% of all sales in the towns of Sonoma, Glen Ellen, and Kenwood. I wonder if this is true in other markets? Anyone care to weigh in?