Sonoma County Home Sales - August 2015
Home sales in Sonoma County were lower in number than the two previous summer months, but the median home price rose just slightly. The current median home price in Sonoma County is $547K, which means there are still quite a few homes that are under water. The all time high median home sale price was $619K in 2005. Will we get to that price again? Eventually, but I don't know if it will happen during this particular real estate cycle.
Home prices in Sonoma County are up anywhere from 7% to 15% from a year ago, depending on which summer month you look at. Either way, home values are up. This has been going on since January 2012 when home prices were just over $300K. That's an 80% increase in value in just over four and a half years.
The most expensive places to live in Sonoma County are the coast, Healdsburg, the town of Sonoma and Sebastopol. The least expensive places to live are Cloverdale, Russian River, Santa Rosa and Cotati/Rohnert Park.
If you would like to see more detailed sales information for a particular area in Sonoma County, give me a call!
Cynthia Larsen (707-332-2560) is an independent broker and owner of Safe Haven Realty in Sonoma County, California. Visit www.safehavenrealty.com to view available homes for sale and to learn more about this beautiful wine country destination.