Sonoma, CA Real Estate Market Conditions Update for March 2010

As of April 5, 2010 38% of available listings in the beautiful wine country town of Sonoma are in escrow.

For the month of March 2010 35 homes sold in Sonoma for an average final selling price of $466,730.

The average original asking price of these homes was $514,652.

The range of final selling prices was from a low of $186,900 to a high of $2,600,000.  (As you can see, the low end is driving the market.)

Of the 35 homes that sold (13 of which were distress sales) 5 sold at their original asking price and 6 sold over their original asking price.  All others sold for less.

It took these homes an average of 119 days to sell.

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

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

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