As of November 7, 2011 35% of available listings in the beautiful wine country town of Sonoma are in escrow.
For the month of October 2011 38 homes sold in Sonoma (16 of which were distress sales) for an average final selling price of $455,566.
The average original asking price of these homes was $495,002.
The range of final selling prices was from a low of $151,500 to a high of $1,750,000.
Of the 38 homes that sold 2 sold at their original asking prices and 8 sold over their original asking prices.
It took these homes an average of 113 days to sell.
To see everything that is currently for sale in our neck of the woods click here.
To learn more about this area in general, search more around this blog, visit my website or feel free to contact me directly.
Categories: Market Updates, Real Estate, Sonoma
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