Home sale prices in Sonoma Ranch saw a huge drop during the month of March.
This looks to be due to the fact that sales of 5 bedroom homes are down 62% for the year.
That, along with the average sales price of 4 bedroom homes down 10%, has brought sale prices down.
Sonoma Ranch communities have seen a 11 percent increase in the number of homes sold during the first 3 months of 2014 compared to the same time last year.
During the same time period, the average and median sales price have both experienced a 3 percent decrease.
There are currently 72 homes for sale in Sonoma Ranch.
The prices range from $168,000 for a 3 bedroom, 1500 sqft home all the way to $749,900 for a 5 bedroom, 5100 sqft home.
Sonoma Ranch March Home Sales
Sonoma Ranch seen 18 homes that sold during the month of March.
The homes that sold ranged from 3 bedroom, 1500 sqft homes all the way to 4 bedroom home of over 4300 sqft.
Sonoma Ranch March Home Sale Prices
Home sale prices during the month of March in Sonoma Ranch, ranged from a low of $157,000 to a top price of over $476,500.
For the month, the average sale price was $296,461 and the median sales price of $263,500.
For the year, the average sale price is $323,209, a decrease of 3 percent from 2013, and the median sales price of $290,000, down 3 percent from 2013.
Sonoma Ranch March Days on Market and Absorption Rate
Home sold days on market during the month of March in Sonoma Ranch, ranged from a low of 10 days on market to a high of over 372 days on market.
For the month, the average days on market was 78 and the median days on market of 45.
For the year, the average days on market is 92, down 32 percent from last year, and the median days on market of 59, a decrease of 46 percent from 2013.
Sonoma Ranch Home Sales by Number of Bedrooms
3 Bedroom Size: 2077 Sqft 11 sold in 2014
Average Sales Price: $228,136 Median Sales Price: $210,000
4 Bedroom Size: 2982 Sqft 24 sold in 2014
Average Sales Price: $314,419 Median Sales Price: $303,750
5 Bedroom Size: 4217 Sqft 5 sold in 2014
Average Sales Price: $469,200 Median Sales Price: $453,500
6 Bedroom Size: 5428 Sqft 1 sold in 2014
Average Sales Price: $850,000 Median Sales Price: $850,000
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.
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