Russian River Home Sales Report

filed under: Market updates, Russian River Area posted on May 18th, 2012

Russian River Views from Forestville looking North

The Russian River area of Sonoma County extends from Forestville, which lies between Sebastopol and Healdsburg, through Guerneville and Monte Rio to Duncan’s Mills near the coast in Jenner. It also includes tiny Rio Nido, Camp Meeker and the rustic hills and forests of Cazadero. It is a very diverse area with more than its share of towering redwoods and river beaches. Historically a summer playground for San Francisco, the river also is a full time home to many. Homes can be more affordable here. Recently the river market was slower to react to the housing crisis, but saw its share of foreclosures and distressed properties later on. Aa elsewhere, inventory is declining as sales volume improves. One thing I’d like to point out with these charts is that many of them show the number of bank-owned properties that have sold as a percentage of the overall market. This would be true for any of the sales reports I have posted.

Russian River Home Sales Report

posted by Pam Buda // Comments Off on Russian River Home Sales Report