Sonoma County Housing Market Update, October 2011
November 8, 2011 • Posted in Napa/Sonoma
As challenging as the real estate market often feels, properties are selling in Sonoma County. The trend continues to reflect the strength of the lower end of the market with percentages of properties under contract in the “under $1M” price range quite indicative of a seller’s market – averaging 46%, while the “over $1M” price ranges continue to remain very much a buyer’s market – with percentages averaging 13%.
If you are currently looking to buy or sell a home in Sonoma County, click the image below to view our Sonoma Monthly Market Update. Visit our site for up-to-date information on Sonoma real estate market conditions and to contact one of our real estate professionals.