Market Updates

Sonoma County First Quarter Market Report

May 1, 2019

In Sonoma, the number of sold properties dropped by 13% and buyer demand slackened. Buyers remain uncertain about the market and many are waiting for more stable conditions. Furthermore, interest rates impacted the purchasing power of buyers. Asking prices dipped by 4% compared to the first quarter of 2018 and sellers did not tend to receive higher than their asking price, a trend that Sonoma County has experienced over the past years.

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