The Sonoma Ranch area of San Antonio has seen an increase in the number of homes sold for the first 5 months of 2012 compared to 2011 of 16 percent. During the same time period though, the average and median sales price saw both a 10 and 14 percent increase.
Sonoma Ranch currently has 91 homes for sale. The prices range from $155,000 for a 3 bedroom, 1889 sqft home all the way to $882,000 for a 5 bedroom, 6870 sqft home.
Sonoma Ranch May Home Sales
Sonoma Ranch seen 11 homes that sold during the month of May. The homes that sold ranged from 3 bedroom, 1700 sqft homes all the way to 4 bedroom homes of over 4100 sqft.
Sonoma Ranch May Home Sale Prices
Home sale prices during the month of May in Sonoma Ranch, ranged from a low of $158,900 to a top price of over $510,000. For the month, the average sale price was $299,995 and the median sales price of $283,000. For the year, the average sale price is $297,871, an increase of 10 percent from 2011, and the median sales price of $269,500, up 14 percent from 2011.
Sonoma Ranch May Days on Market and Absorption Rate
Home sold days on market during the month of May in Sonoma Ranch, ranged from a low of 15 days on market to a high of over 592 days on market. For the month, the average days on market was 161 and the median days on market of 85. For the year, the average days on market is 114, down 32 percent from last year, and the median days on market of 68, down 44 percent from last year.
Sonoma Ranch Home Sales by Number of Bedrooms
3 Bedroom Size: 2084 Sqft 19 sold in 2012
Average Sales Price: $189,179 Median Sales Price: $174,000
4 Bedroom Size: 3358 Sqft 25 sold in 2012
Average Sales Price: $347,987 Median Sales Price: $325,000
5 Bedroom Size: 3642 Sqft 7 sold in 2012
Average Sales Price: $413,902 Median Sales Price: $425,900
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.