As of August 5, 2008 only 15% of available listings in the beautiful wine country town of Sonoma are in escrow.
For the month of July 2008 an encouraging 30 homes sold in Sonoma for an average final selling price of $812,213.
The average original asking price of these homes was $904, 936.
The range of final selling prices of these homes was from a low of $262,500 to a high of $3,921,000.
It took these homes an average of 120 days to sell.
Of the 30 homes that sold 2 sold at their original asking price and 3 sold over their original asking price.
9 of the 30 homes that sold were distress sales.
To see everything in the area that is for sale search our MLS.
For more information about this area visit my website or contact me directly.