Sonoma, CA Real Estate Market Conditions Update for October 2009

As of November 6, 2009 an encouraging 40% of available listings in the beautiful wine country town of Sonoma are in escrow.

For the month of October 2009 33 homes sold for an average final selling price of $465,276.

The average original asking price of these homes was $523,709.

The range of final selling prices was from a low of $176,000 to a high of $1,200,000.

Of the 33 homes that sold 1 sold at the original asking price and 10 sold over their original asking price.  All other sold for less. 

14 of the 33 homes were distress sales.

It took these homes an average of 134 days to sell.

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

To learn more about this area, visit my website or feel free to contact me directly.

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