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Pacific Union’s February 2015 Real Estate Update

lisasheppard | March 16, 2015

MonthlyMarketUpdate_Feb15_SonomaCounty

SONOMA COUNTY

Sonoma County’s housing supply remains constrained; February’s MSI dropped slightly to 2.1 but is in line with what we’ve seen for most of the previous year. Buyers took an average of 88 days to close a purchase, one day less than in January.

At $492,000, the Sonoma County median sales price was up on both a month-over-month and year-over-year basis. Buyers paid an average of 95 percent of original price, almost identical to what they did in January.

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 statistics in the adjoining chart include all single-family homes and farms and ranches in Sonoma County.

To read about other Bay Area counties, Click Here.

 

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