Sonora CA Real Estate Weekly Update

Blog by Tony Krieg
Tuolumne, California

This update is designed to keep both buyers and sellers in touch with Real Estate in Sonora California

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Sonora CA Real Estate Weekly Update

Apr. 3, 2008
Sonora CA Real Estate Weekly Update for 4/03/08


Real Estate in
SonoraCA continued to become more affordable this week. The average price for a 3 bedroom, 2 Bath, 2 car garage home fell to $335,308*.
 
The number of days on the market (DOM) decreased as well. Currently Sonora CA Homes* have an average market time of 82 days. Could this be a signal that sellers are starting to price their homes nearer to what the market is able to bear?
 
If we take a look at the total picture and include homes of all shapes and sizes, inventory swelled this week, from 65 to 73 with a median asking price of $476,798 and an average time of 133 days on the market. This is typical behavior as the weather begins to warm and Spring continues to unfold.
 
When compared to the rest of the north county there are 473 homes for sale with a median asking price of $375,000 and an average of 147 days on the market.

SonoraCA Real Estate
15 Homes priced under $300k
32 priced between $300 and $500k
 
NorthTuolumneCounty Real Estate
131 Homes priced under $300k (up 13 from last week)
227 priced between $300 and $500k, (Up 6 from last week)
 
Until next week I bid you adieu.

* These figures are based on homes with 3br, 2ba, 2 car garages and
1200 to 1800 SQFT, averaged over the previous 12 months. This information is deemed reliable but not guaranteed.

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