Sonoma Home Sales Slide - Sonoma Luxury Properties Post Gains
By Kirsten Lindquist, Realtor - Sonoma Wine Country
(Pacific Union International)
~ Sonoma Home Sales Slide - Sonoma Luxury Properties Post Gains ~ The number of Sonoma Valley homes sold during the month of June dropped by about 20-percent when compared to June of 2010. Based on statistics from the Bay Area Real Estate Information Service (BAREIS) there were 43 homes sold in Sonoma Valley in June 2011. Last year there were 53. Here are the numbers comparing June 2011 to June 2010. The median price of homes sold in Sonoma Valley last month was $375,000. In June 2010, the median was $480,000. Even with that year-to-year slide, the dollar value of all homes sold in June 2011 was only about $2,000,000 below the amount reported for June 2010. There were more entry level homes sold and fewer in the move-up segment of our market. Looking at the charts it's hard to fi...
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