Sonoma County Real Estate Market sizzling hot up to $1 Million

filed under: Market updates posted on February 18th, 2009

But not over a million.  That part of our market is very slow.  But signs are very encouraging for a more balanced market in 2009 at all price points under a million.  The experience of most Sonoma County realtors I know is that buyers are out if force for January, following a very busy holiday season.  The big difference is that we are finally seeing sales movement at prices between $400,000 and $1 million, as buyers in those price ranges seem to be stepping off the fence. Both single family homes and condos are selling at a rapid clip. More details to come but here is a quick snapshot for single family dwellings in all price ranges through January 30, 2009.

sonomacountyrealestatemarketdynamicsjan2009.jpg

posted by Pam Buda // Comments Off on Sonoma County Real Estate Market sizzling hot up to $1 Million