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Sonoma County ranks 19th among housing markets where available homes are quickly snapped up, Realtor.com said Thursday.County homes for sale this month are remaining on the market a median 67 days, compared to 33 days for the top-ranked Vallejo-Fairfield...

Sonoma County ranks 19th among 'hottest' housing markets, according to Realtor.com

Sonoma County ranks 19th among housing markets where available homes are quickly snapped up, Realtor.com said Thursday.County homes for sale this month are remaining on the market a median 67 days, compared to 33 days for the top-ranked Vallejo-Fairfield...

Sonoma County ranks 19th among 'hottest' housing markets, according to Realtor.com

Sonoma County ranks 19th among housing markets where available homes are quickly snapped up, Realtor.com said Thursday.

County homes for sale this month are remaining on the market a median 67 days, compared to 33 days for the top-ranked Vallejo-Fairfield metro area.

A year ago, the county ranked eighth with a median 48 days on market.

Sonoma County frequently makes the list and in June 2015 held the top ranking. While Realtor.com refers to those on the list as the nation’s “hottest” markets, the county’s ranking points more to a lack of homes for sale than to booming business. Sales have fallen here for three of the last four years.

Nationally, 2017 “is shaping up to be even more of a seller’s market than last year,” said Jonathan Smoke, chief economist for Realtor.com.

California dominated the list, with 12 of the 20 top markets. They included San Francisco/Oakland, which ranked second; San Jose/Sunnyvale, fifth; San Diego, sixth; Sacramento/Roseville, seventh; Stockton/Lodi, eighth; Yuba City, 10th; Modesto, 11th; Oxnard/Ventura, 14th; Fresno, 15th; and Los Angeles/Long Beach, 20th.

Not ready to buy? Check out what the median rental price of $2,140 can get you in Santa Rosa here.

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See the rest of the list here.

Our editors found this article on this site using Google and regenerated it for our readers.

Publish Date : 23 Şubat 2017 Perşembe 18:39

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