Market Commentary Prices & Sales Continue Rising

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Although the median prices for single-family, re-sale homes backed off slightly from the all-time high set in October, it was up 14.6% over last November. That’s the sixty-fifth month in a row the median price has higher than the year before. The average price for homes rose 15.9%. The median price for condominiums in Sonoma County set another new high for the second month in a row in November. The median price for condominiums was $479,000, a gain of 15.2%, … Keep Reading

Sonoma County Market Updates – August 2017

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The Real Estate Market in Sonoma County has more inventory at this point: As of today there are 49 active listings for single family homes in the Russian River, 46 active single family homes in Sebastopol, and 99 Active single family homes in Healdsburg. Properties that are selling very quickly are staged and priced competitively to sell. These properties are receiving offers in 1-14 days. Other properties are moving but not as quickly. If you are looking to sell contact … Keep Reading

Sonoma County Real Estate Market: Feb. 2017

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Prices Up, Sales Down to Start the Year The median price for single-family, re-sale homes in Sonoma County was up for the fifty-fifth month in a row, year-over-year. While bumping up against a new all-time high this year, the homes median price did not reach the high of $618,450 set in August 2005. The average home price did set a new record high in June, showing that the high-end of the market was very active. We expect prices to remain … Keep Reading

4th Quarter Sonoma County Market Update

  SONOMA COUNTY MARKET UPDATE Q4 2016 Homes sold as soon as they hit the market and for premium prices across Sonoma County during the fourth quarter of 2016 as the supply of homes declined by 35 percent compared with the same quarter a year ago. County-wide, 1,095 existing single-family detached homes sold in the fourth quarter, down from 1,336 in the third quarter and 1,197 a year ago. Extremely limited inventory also continued to push home prices higher. The … Keep Reading

Sonoma County Real Estate Market: Nov. 2016

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Sonoma County Stats At A Glance Year-Over-Year Median home prices increased by 8.0% year-over-year to $570,000 from $528,000. The average home sales price rose by 18.3% year-over-year to $720,139 from $608,596. Home sales rose by 3.9% year-over-year to 371 from 357. Active listings fell 14.4% year-over-year to 709 from 828. Sales price vs. list price ratio rose by 0.2% year-over-year to 99.6% from 99.4%. The average days on market rose by 13.1% year-over-year to 79 from 70. Compared To Last … Keep Reading

The Sonoma County Real Estate Market Trends Report

The Sonoma County Real Estate Market Trends Report

  Check out my latest Sonoma County Real Estate Market Trends Report with Trends at a Glance, Prices & Sales data, and Market Report commentary. IN THIS ISSUE ———————————————————— How Much is Your Home Worth? Home estimate sites are a dime a dozen. The problem with all internet home estimate sites is they are limited by the quality of their algorithm and the data used. Most of them use county sales records, while some of them add in Multiple Listing data. … Keep Reading

2015 Market in Review and Vacation Rentals

  Dear Friends, I am pleased to post the Sonoma County Market in review. Our market is already on the march for 2016. The Board of Supervisors is considering significant revisions to the vacation rental ordinance. I am attaching information provided by Russian River Vacation Homes on the issues. As ever, feel free to contact me with your thoughts and questions. I look forward to being in touch and to working with you in this coming year. THE VACATION RENTAL … Keep Reading

Outlook of the California Housing Market

On Wednesday, July 29, 2015, Joel Singer was the featured speaker at the Petaluma Chapter of the North Bay Association of REALTORS®.  Joel is the Chief Executive Officer of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)  He has held the Association’s top staff position since November 1989 after serving as C.A.R.’s chief economist and heading the Association’s public affairs department.  He was also instrumental in developing Real Estate Business Services Inc. (REBS), C.A.R.’s for-profit subsidiary, and serves as its president. He is … Keep Reading

The Real Estate Market is Like a Box of Chocolates — Valuable and in Demand

Dear Friends, Happy New Year! It’s amazing to think that we are already half way through January. But even though Valentine’s Day is still a month away, the good news is it’s a sweet time to get in the market! Are you thinking of buying a home or selling the one you have? It’s a great time to do so. Surveys show the majority of Americans feel that now is a good time to buy, because interest rates are low … Keep Reading

Want the inside scoop on the national housing market?

  The housing market is back and better than ever in many areas of the country. If you’re in the market to buy a home, you’ll find that interest rates are still at historic lows and homes are still considered affordable in most areas. If you’re thinking of selling your home, it may sell for closer to its list price and may be on the market for less time. This month’s information features statistics that provide a snapshot of what’s … Keep Reading

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