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Beyond the Peak! October 21, 2018 Radio Show Topics and Info

Good morning to one and all! Here’s some data I’ll be discussing this morning on “The Real Estate Hour” heard every Sunday, 9 to 10am pst. 1350AM, 103.5 and 94.5FM and www.KSRO.com.  Above is a chart showing how far we’ve come from the “Depth” of the recession in relation to median home price in the Bay Area. The top 4 counties with the biggest come back are in double digits. Sonoma County? 3% above.

Currently we have 1055 “Active” or “Showable”  Detached Single Family dwellings listing in Sonoma County-for a population of 500,000+. Slim Pickens!

Of those “Active” listings 316 are $1+Million! or 30%.

Here’s a price breakdown:

0-$250,000     5

$251,000 to $499999  122

$500,000 to $749,999  422

$750,000 to $999,999  190

1+Million to $1,249,999 65

$1,250,000 to $,1499,999  53

$1,500,000 to $1,749,999   31

$175,000 to $1,999,999  29

$2+ Million   128.

Condos–Total of 117.

Solds–obviously due to the Fires of last year the October Sales will be skewed. After October 9th our “Cancelled” and “Expired” listings shot through the roof as those homes listed and lost in the fire left the market.  Sales plummeted but soon heralded a big boom in the $1+Million price point as folks replaced lost homes.

Today we have current 266 Sold sales to date–last year 182.

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