Sonoma County Trends « McGuire Q2 2014 Report

|August 1, 2014

Sonoma County Market Trends « McGuire Q2 2014 ReportAfter hitting an all-time high for average sales price in Q1 2014, Sonoma County homes stayed right at that pinnacle from the previous quarter. The $591,627 average home sale price here was also a 10 percent gain from the $536,732 seen in the second quarter of 2013.

It should be noted, however, that sales volume was down 11 percent from one year ago. The 1,239 homes sold this quarter are indicative of a Sonoma County market that is as competitive as ever. This was further exemplified in the average 63 DOM being down 16 percent from the previous quarter and down 9 percent year-over-year. With the average Sonoma County home selling at less than half of what a San Francisco home would cost, this northwestern enclave still presents a very attractive option for less demanding buyers.
Sonoma County Market Trends « McGuire Q2 2014 Report
Sonoma County Market Trends « McGuire Q2 2014 Report

 

View all Q2 2014 Market Updates at mcguire.com/quarterly_report.

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