Posted Under: Market Conditions in Sonoma County, Home Selling in Sonoma County | June 23, 2012 9:43 PM |Sonoma County “The Wine Country” ,California–Sellers are reporting offers in ALL Price Points. Distressed Market activity nose dives! The return of the “Normal or Equity” Seller is upon us.
Sellers! If you’ve been holding off bringing your House to Market due to all the negative press revolving around the “Distressed” real estate market, then take solace in the above slide–NON-BANK contracts or opened escrows–UP A WHOPPING 57% over last year at this time. What is significant about this slide is the “Normal” or “Equity” Seller is BACK in the market and the contracts we are seeing going into escrow are across all price points. This bodes well for a very healthy market. Now is the time to determine your true market value. We offer a free service called “Market Snapshot”. This will give you updated, regular comparable sales PLUS all the competition in your area. Visit our blog and sign up for “Market Snapshot”. You’ll see it in the right hand column of our blog: www.TheRealEstateHourBlog.com and don’t forget to listen to the “Kelly-Norman Team” (Mike Kelly & Allison Norman), every Sunday, 9 to 10am, KSRO, 1350AM or streaming live at www.KSRO.com