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Wine Country Real Estate Blog


Archive for February, 2010

Residential Real Estate Market in Sonoma Country Outlook
for February

Welcome to the Wine Country Real Estate blog which offers the latest, essential real estate information in Sonoma County, CA.  Living in Sonoma County offers rich opportunities for beautiful scenery and  year-round activities.   
 

A client recently asked me to give him a market update for homes selling under $500,000 in Sonoma County.   He is thinking of how he can help one of his kids get into a home.   I looked at the  Residential Real Estate market in the cities of Sonoma, Petaluma, Santa Rosa or Healdsburg.

This graph developed from data by Trendsgraphic 2009 Sonoma Homes Graph for properties under 500,000  shows the hottest real estate category – homes priced in the $500,000 range – and the inventory of those homes in that category.  As shown on the graph, Healdsburg has the highest home inventory over a five-month period.  I consider this statistic a fluke; it doesn’t take into account the amount of pending sales. 

Overall, the graph presents a positive market in Sonoma for homes priced around $500,000.00.  With the amount of inventory selling within a two-month span, this means, within this category, it’s a sellers’ market. So buyers, act quickly to take advantage of the home owners credit and low interest rates. 

All of us here at Alain Pinel love the land and community of Sonoma County.  It would be our privilege to help you with any of your Residential Real Estate needs.  If you have any questions or concerns about your property, please feel free to  contact us for any help we can provide you.

Vineyard Properties 2010 Outlook

At this time of the year, bright mustard plants cover Sonoma County’s Wine Country Real Estate.  This beautiful scenery reminds us that spring, grapes and new growth are around the corner.  Though the grapevines are now hibernating, it’s never off-season for wine-lovers to visit and experience first-hand the exquisite wines made here in Sonoma County, California.  Having a reputation for top-notch wines makes Sonoma County Vineyard properties consistently desirable.

 If you are interested in buying or selling Wine County Property or Vineyard Real Estate in Sonoma County, CA, reviewing 2009 sales of vineyards sold in Sonoma and Napa Counties gives a good indication of the overall health of the vineyard real estate market.  


The following link shows a 2009 graph  graph which represents 4 vineyard properties that sold in 2009.

  http://www.winecountry-realestate.com/blog/wp-content/uploads/2010/02/20100127-2009-four-sonoma-county-vineyard-sales.pdf 

Each vineyard property sale tells a story: 

The Napa Valley parcel, located in a desireable area, had great winery potential.  It is anticipated that the entire vineyard acreage will be replanted in 2010.  The Alexander Valley sale, second to the Napa sale in total dollars, had many attractive qualities including a spectacular building, strong vineyard-branding, and long-term contracts.  The Sonoma Valley parcel was smaller and was located in a beautiful setting.  The Russian River Vineyard parcel had an excellent production history.


We look forward to a great year and hope we can offer valuable service and guidance to anyone considering buying or selling Sonoma County Vineyard and Country Property.  Feel free to contact me or my partner Nicki Naylor with any questions you may have.






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