Sonoma, CA Real Estate Market Conditions Update ~ January 2012

By
Real Estate Agent with Fathom Realty Group License# 01336994

As of February 8, 2012 43% of available listings in the beautiful wine country town of Sonoma are in escrow.

For the month of January 2012 28 homes (16 of which were distress sales) sold in Sonoma for an average final selling price of $652,193.

The average original asking price of these homes was $926,789.

The range of final selling prices was from a low of $149,000 to a high of $6,315,000.

Of the 28 homes that sold 4 sold at their original asking prices and 1 sold over its original asking price.

It took these homes an average of 139 days to sell.

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

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

Comments (3)

Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

$149,000 to $6.3 mil is a very wide spread of value. 

Feb 08, 2012 04:43 PM
Kelley Eling
Fathom Realty Group - Sonoma, CA
Realtor Extraordinaire

Which is why I point these things out. The original asking price of the property that sold for $6.3 was $11,950,000.

Feb 08, 2012 04:46 PM
Doug Bullwinkel
Envoy Mortgage,NMLS ID 6666 - Sacramento, CA
Mortgage Loan Originator NMLS #281609

It looks like Sonoma has a very active market.  The bargain hunters are out there too as the final purchase prices are lower than the asking prices.  Thanks for the market update.

Feb 08, 2012 06:25 PM