Sonoma Housing Market Update for November 2011
As challenging as the real estate market often feels, properties are selling in Sonoma County. At the end of November, we saw the trend continue 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 48%, while the “over $1M” price ranges continue to remain very much a buyer’s market – with percentages averaging 14%.
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.
(figures as of November 30, 2011)