Significant Decline in Sonoma County Home Sales

falling-home-prices
falling-home-prices

 

Big drop in home sales in Sonoma County: the numbers are out for 2018, and it’s a significant decline. Those looking for homes after the wildfires drove the market in 2017 and early 2018, and raised median prices to a high of 700-thousand dollars last summer. The median price dropped to 639-thousand in December, and the number of homes sold last year dropped by nearly 350 units. Similar trends are being felt thru-out the Bay Area.