Brendan Coen's Real Estate Blog

Real estate information for the Russian River area.

Wednesday, February 20, 2008

Some Market Statistics For The Russian River Area

Here are some interesting statistics for the Russian River area over the past few years. Over the past year home prices have declined about 7% in our area. Values have declined about 6% overall in Sonoma County to a median price of $525,000. The Russian River area is still the most affordable area in Sonoma County.

Russian River
YEAR
UNITS
SOLD
AVERAGE
SALES PRICE
2007
210
$421,064
2006
238
$452,920
2005
349
$468,725
2004
357
$369,194
2003
318
$338,806
2002
337
$306,921
2001
250
$262,408
2000
356
$221,555
1999
398
$173,457
YEAR
AVERAGE DAYS ON MARKET
MEDIAN
SALES PRICE
2007
109
$382,250
2006
91
$410,000
2005
68
$405,000
2004
71
$340,000
2003
80
$308,000
2002
91
$270,000
2001
84
$229,994
2000
63
$189,000
1999
N/A
$153,500
Statistics from BAREIS MLS® January 10, 2008. Information herein believed reliable but not guaranteed.

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