Sonora CA Real Estate Update for December 3rd, 2008

Here you will find weekly market statistics which are a compilation of
Real Estate activity in Sonora, California and the surrounding area.
Hopefully this will be of help to those of you who are trying to gain
some sense of where our market is going.

The cost of Homes in Sonora CA remained the same this week. The
average price for a 3 bedroom, 2 Bath, 2 car garage fell to
$282,191.

Currently Sonora CA Real Estate*
has an average market time of 147 days.

If we take a look at the total picture and include Real Estate in Sonora
CA of all shapes and sizes, inventory fell sharply this week to 88 with
median asking price of $344,700 and an average time of 158 days on the
market.

When compared to the rest of the Northern Tuolumne County there are
471 homes for sale with a median asking price of $339,900 and an
average of 176 days on the market. That is down 35 units from last week.

Sonora CA Homes
34 Homes priced under $300k (Down 5 from last week)
40 priced between $300 and $500k (Down 5 from last week)

North Tuolumne County Homes
185 Homes priced under $300k (Down 18 from last week)
198 priced between $300 and $500k, (Down 12 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.

Click here for immediate access to Sonora CA MLS Listings