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Pacific Union’s July 2014 Real Estate Update

MonthlyMarketUpdate_July14_SonomaCounty

SONOMA COUNTY

The median home price in our Sonoma County region has been steadily rising since April and broke the half-million dollar milestone in July, landing at $510,000. At the same time, the MSI hit a yearly low falling to 1.9.

Sellers took in about 97 percent of asking price, in line with what we’ve seen for most of 2014. Homes took an average of 63 days to sell, a bit longer than they did in the previous two months.

To read more about other Bay Area counties, Click Here.

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