Oct. 30, 2009 - Sonoma County, CA Real Estate Report Sept / Oct
Sonoma County, CA Real Estate Report
County Home Sales up, Prices Down in September
The median price for single-family, re-sale homes dropped 2.6% from August. The good news is the year-over-year price decline was down to 2.3%. This is the smallest annual price decline since February 2007. The average price fell 3.5%, and it was down 5.4% compared to last September.
Sales of single-family, re-sale homes in Sonoma County rose 7.6% from August. Year-over-year, home sales were off 7%. Year-to-date, home sales are up 17.6% compared to last year.
Condo sales were up 3%, year-over-year in September. Year-to-date, condo sales are up 43%. The median price for condos gained 5.8% from August, but was off 3.8% year-over-year. The average price gained 0.5% month-over-month, but was down 6.5% compared to last September.
The time it takes from when a home was listed for sale to when it was put under contract fell four days to 103 days. The average days on market for condos dropped 22 days to 90 days.
The sales price to list price ratio for single-family home fell 0.2 of a point to 97.5% The condo ratio rose 0.4 of a point to 99.2%.
- Median Sonoma County, CA home prices in September '09: $350,000
- Median Sonoma County, CA home prices in August '09: $369,500
- Median Sonoma County, CA home prices in September '08: $358,250
- Average Sonoma County, CA home prices in September: $412,018
- Average Sonoma County, CA home prices in August '09: $426,760
- Average Sonoma County, CA home prices in September '08: $435,428
- Home Sales in September '09: 398
- Homes Sales in August '09: 370
- Homes Sales in September '08: 428
- Sale/List Price Ratio September '09: 97.5%
- Sale/List Price Ratio August '09: 97.7%
- Sale/List Price Ratio September '08: 96%
Days on Market: August, '09: 107, July '09: 110, August '08: 100
C21 Classic Properties -Your Sonoma County, CA Real Estate Market Experts
The real estate market is very hard to generalize. It is a market made up of many micro markets. Contacting us is the best way to learn more about the Sonoma County, CA real estate market. You’re always welcome to call us at 800-228-2850. But if you want to read more about our team, or just want to browse what we have to offer online, then you’ll find exactly what you’re looking for at www.C21ClassicProperties.com. We hope you enjoy your visit!
Sonoma County, CA Real Estate Listings by City
Each Century 21 real estate office is independently owned and operated. Century 21 Classic Properties, Inc. is owned by Flo Gresty and managed by her daughter Colleen Militello. MLS data provided by BAREIS MLS and NORCAL MLS.
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