Home sales were on the rise during January in the Sonoma Ranch real estate market while sale prices did lag behind last year.
Sonoma Ranch communities saw a 25.0 percent increase in the number of homes sold during 2016 compared to last year.
The average sales price saw a decrease of 14 percent when compared to 2015 prices while the median sales price was also down 1 percent.
There are currently 58 Sonoma Ranch homes for sale.
The prices range from $214,000 for a 3 bedroom, 1900 sqft home all the way to $950,000 for a 4 bedroom, 5000 sqft home.
Sonoma Ranch January Home Sales
Sonoma Ranch seen 10 homes that sold during the month of January.
The homes that sold ranged from 3 bedroom, 1900 sqft homes all the way to 6 bedroom home of over 4800 sqft.
Sonoma Ranch January Home Sale Prices
Home sale prices during the month of January in Sonoma Ranch, ranged from a low of $206,000 to a top price of over $715,000.
For the year, the average sale price is $320,790, a decrease of 13.5 percent from 2015, and the median sales price of $251,450, down 1.4 percent from 2015.
Sonoma Ranch January Days on Market and Absorption Rate
Home sold days on market during the month of January in Sonoma Ranch, ranged from a low of 12 days on market to a high of over 339 days on market.
For the year, the average days on market is 131, up 33.7 percent from last year, and the median days on market of 122, an increase of 28.4 percent from 2015.
Sonoma Ranch Home Sales by Number of Bedrooms
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.