2014 saw the Sonoma Ranch real estate market finish the year lower in home sales and sale prices when compared to 2013.
Sonoma Ranch communities saw a 10.3 percent decrease in the number of homes sold during 2014 compared to last year.
The average sales price saw a decrease of 4 percent when compared to 2013 prices while the median sales price was down 2 percent.
Home sales and sale prices for 3 and 4 bedroom homes were very similar to those seen during 2013. The nearly 50 percent drop in larger 5 bedroom sales resulted in the lower sale prices and sales for the whole community.
There are currently 44 homes for sale in Sonoma Ranch.
The prices range from $183,500 for a 3 bedroom, 1600 sqft home all the way to $679,000 for a 5 bedroom, 5000 sqft home.
Sonoma Ranch December Home Sales
Sonoma Ranch seen 15 homes that sold during the month of December.
The homes that sold ranged from 3 bedroom, 1700 sqft homes all the way to 6 bedroom home of over 4500 sqft.
Sonoma Ranch December Home Sale Prices
Home sale prices during the month of December in Sonoma Ranch, ranged from a low of $193,500 to a top price of over $535,000.
For the month, the average sale price was $318,293 and the median sales price of $326,000.
For the year, the average sale price is $311,335, a decrease of 3.9 percent from 2013, and the median sales price of $289,499, down 2.2 percent from 2013.
Sonoma Ranch December Days on Market and Absorption Rate
Home sold days on market during the month of December in Sonoma Ranch, ranged from a low of 13 days on market to a high of over 415 days on market.
For the month, the average days on market was 120 and the median days on market of 92.
For the year, the average days on market is 104, down 14.8 percent from last year, and the median days on market of 57, a decrease of 24.0 percent from 2013.
Sonoma Ranch Home Sales by Number of Bedrooms
3 Bedroom Size: 2114 Sqft 66 sold in 2014
Average Sales Price: $221,030 Median Sales Price: $207,000
4 Bedroom Size: 3099 Sqft 96 sold in 2014
Average Sales Price: $337,196 Median Sales Price: $330,000
5 Bedroom Size: 3795 Sqft 27 sold in 2014
Average Sales Price: $411,204 Median Sales Price: $380,000
6 Bedroom Size: 4624 Sqft 3 sold in 2014
Average Sales Price: $571,667 Median Sales Price: $440,000
Sonoma Ranch Current Listings
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the San Antonio Board of REALTORS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
What do you think?
Is there any other information you would like? What are your thoughts on how the real estate market is doing in Sonoma Ranch? Please let me know what they are in the comments.