Wine Country Real Estate Blog » Sonoma Market Report http://www.winecountry-realestate.com/blog Tue, 23 Mar 2010 00:48:56 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Residential Real Estate Market in Sonoma Country Outlook for February http://www.winecountry-realestate.com/blog/2010/residential-real-estate-market-in-sonoma-country-outlook-for-february/ http://www.winecountry-realestate.com/blog/2010/residential-real-estate-market-in-sonoma-country-outlook-for-february/#comments Mon, 08 Feb 2010 01:43:04 +0000 admin http://www.winecountry-realestate.com/blog/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.

]]> http://www.winecountry-realestate.com/blog/2010/residential-real-estate-market-in-sonoma-country-outlook-for-february/feed/ 0