Sonoma County Real Estate Market Update

It has been an interesting market so far this year. Buyers seem to be accepting that interest rates are not likely to ever return to the 3% range. There seems to be a lot of people looking for real estate in Sonoma County. The very limited inventory is keeping prices stable, however if a home is not priced properly they do tend to take longer to sell. Remodeled homes that are “move-in” ready get more attention and we are still seeing multiple offers.  We have had a lot of extreme weather so far this year so I expect that when we start to see some sun and sellers yards start looking nicer that we will see a mini-boom in new listings and sales. Feel free to call me at anytime if you would like to discuss the real estate market and trends further.