Sonoma, CA Real Estate Market Conditions Update ~ December 2007

As of January 5, 2008 a paltry 11% of available listings in the beautiful town of Sonoma are in escrow. Across the board, what we've got here is a BUYER'S MARKET.

For the month of December 2007 only 13 homes sold in Sonoma, for an average final selling price of $805,787.

The average original asking price of these homes was $902,926.

It took these homes an average of 98 days to sell.

Of the 13 homes that sold, 2 sold AT the original asking price and 1 sold OVER.

For more information about this area, visit my website, or feel free to contact me directly.