Market Conditions

Written by Posted On Tuesday, 24 July 2007 17:00

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

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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