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Market Conditions

The buyers market continues in Sonora, California, with prices beginning to trend slightly downward.

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Local experts report that "sellers must be very careful pricing or their property will be slow, or not show at all if priced high on the market." A large percentage of current listings have been on the market for over 180 days.

The average price is around $490,000 -- with a median price of $429,000. Average days on market is 86.

The last few years saw a "robust" market for Sonora -- with record high prices -- as in many areas of California.

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Published: July 25, 2007

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

Today's Headlines 07/25/2007


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