Sonoma County Real Estate At a Glance

Market Update July 2nd marked the half-way point for the 2020 real estate year. As we know, the selling season was put on hold March through April and in the five regions of California; Los Angeles Metro Area, Central Coast, Central Valley, Inland Empire, and the San Francisco Bay Area, sales were down in the range of 46.4% to 51.1%. It’s interesting to note that all areas were down roughly the same. The rebound began in May within NAR reporting that pending home sales had surged 44.3 percent in May. That is the biggest month to month surge since they started reporting this stat in January of 2001. Pent-up demand, low-interest rates, lack of new construction, coupled with the knowledge that

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Kaaren Atkin | Broker | DRE#01039385

 

Healdsburg Sotheby's International Realty

409 Healdsburg Avenue
Healdsburg, CA 95448 

 

Tel 707.481.7043, Brokerage 707.433.6555 Ext. 306

Kaaren.Atkin@sothebysrealty.com

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