Sonoma County Median Home Prices Hit $600,000July 15th, 2016 by lisasheppard
Sonoma County’s housing market hit another milestone in June — the county’s median home price reached $600,000. Just a few months back, the median price was $579,000, but home prices in Sonoma County continue to trend upwards. The new median price represents a 10% increase from last year, and is only 3% below the county’s all-time median price of $619,000 in August 2005. Inventory remains fairly low, and the average amount of days on the market is 45 days. However, experts forecast that the county will only see moderate growth in home prices in the future.
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