As of February 7, 2009 29% of available listings in the beautiful wine country town of Sonoma are in escrow.
For the month of January 2009 32 homes sold for an average final selling price of $439,219.
The average original asking price of these homes was $514,475.
The range of final selling prices was from a low of $116,000 to a high of $1,840,000. (Only 2 homes sold for over $1M.)
Of the 32 homes that sold 19 were distress sales.
3 of these 32 homes sold for their original asking price and 4 sold over their original asking price. All others sold for less.
It took these 32 homes an average of 101 days to sell.
To see all homes that are currently available for sale, click here.