Sonoma, CA Real Estate Market Conditions Update for September 2008

As of October 6, 2008 only 15% of available listings in the beautiful wine country town of Sonoma are in escrow.

For the month of September 2008 31 homes sold in Sonoma for an average final selling price of $528,413.

The average original asking price of these homes was $573,713.

The range of final selling prices was from a low of $144,500 to a high of $1,700,000.

It took these homes an average of 100 days to sell.

Of the 31 homes that sold 1 sold at the original asking price and 3 sold over the original asking price.  All others sold for less.

Of those same 31 homes that sold, 17 were distress sales.

For more information about this area visit my website or contact me directly.

To see all homes that are currently for sale, search our MLS.

Categories: Buying?, Distress Sales, estates, home sales, homes for sale, luxury homes, Market Updates, Northern California, number of homes sold, Real Estate, San Francisco Bay Area, Selling?, Sonoma, Statistics, Uncategorized, vacation homesTags: , , , , , , , , , , , , , , , , , , ,

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