Sonoma, CA Real Estate Market Conditions Update for January 2012

As of February 8, 2012 43% of available listings in the beautiful wine country town of Sonoma are in escrow.

For the month of January 2012 28 homes (16 of which were distress sales) sold in Sonoma for an average final selling price of $652,193.

The average original asking price of these homes was $926,789.

The range of final selling prices was from a low of $149,000 to a high of $6,315,000.  The home that sold for $6.3M was originally priced at $11,950,000.)

Of the 28 homes that sold 4 sold at their original asking prices and 1 sold over its original asking price.

It took these homes an average of 139 days to sell.

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

To learn more about this area in general search more around this blog, visit my website or contact me directly.

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