As the typically brisk spring homebuying season burst into full bloom, buyers in most of Pacific Union’s regions were moving faster to close purchases than they were the previous month. Pacific Union’s April 2014 Real Estate Update provides a comprehensive look at last month’s market activity across the Bay Area and Tahoe/Truckee.
SONOMA COUNTY
Sonoma County was one of the few Bay Area regions where buyers took a bit more time on average to close purchases than in the preceding month: 74 days. At 2.1, the MSI is similar to levels recorded for most of the past year
The median sales price dropped from March to land at $469,000 in April. Buyers paid about 97 percent of list price, the highest since the end of last year.
Defining Sonoma County: Our real estate markets in Sonoma County include the cities of Cotati, Healdsburg, Penngrove, Petaluma, Rohnert Park, Santa Rosa, Sebastopol, and Windsor. Sales data in the adjoining chart includes all single-family homes and farms and ranches in Sonoma County.
To get information about other counties, Click Here.