Sonora CA Real Estate Weekly Update for October 22th, 2008

The cost of Homes in Sonora CA moved slightly downward this week.
The average price for a 3 bedroom, 2 Bath, 2 car garage dropped about
another couple of thousand dollars to $283,675.

Currently Sonora CA Homes* have an average market time of 142 days.

If we take a look at the total picture and include Real Estate in Sonora
CA of all shapes and sizes, inventory rose this week to 101 with median
asking price of $375,000 and an average time of 152 days on the market.

When compared to the rest of the Northern Tuolumne County there are
530 homes for sale with a median asking price of $348,000 and an
average of 164 days on the market. That is down 4 units from last week.

Sonora CA Homes
37 Homes priced under $300k (Up 3 from last week)
43 priced between $300 and $500k (Up 2 from last week)

North Tuolumne County Homes
205 Homes priced under $300k (Up 4 from last week)
217 priced between $300 and $500k, (Down 4 from last week)

* 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.