Q3 Report: Sonoma Real Estate

October 19, 2012

Q3 Report: Sonoma Real Estate



Like most of the Bay Area, the towns of Sonoma, Napa, Glen Ellen, and Kenwood are still lacking inventory. Homes that were priced right in terms of location and condition received multiple offers. Buyers looking for vacation/second homes accounted for an increase in market share.

First time buyers were faced with low inventory, multiple offers, and competition with investors who are able to pay all cash and more than asking. This is the perfect time to invest in Sonoma Valley – investors have found that they are able to cover mortgages and make an additional profit on rentals.

Rents are gaining momentum and rising at a faster rate than sales prices! Home prices rose to levels comparable to 2005 levels. Properties priced over $1.5 Million also gained momentum, doubling in sales as compared to Q2.



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With 2 billion dollars in sales combined with her unique focus on Wine Country luxury real estate, Ginger Martin's insight and expertise are unparalleled. Her sales portfolio of luxury homes, vineyards, and estates are exceptional. Ginger Martin possesses a track record shared by very few real estate professionals globally. Ginger’s distinguished clients greatly benefit from her extensive experience.