Higher prices, fewer sales in Sonoma County housing market
County buyers purchased 289 single-family homes in February, down 18.6 percent from a year ago, according to The Press Democrat’s monthly housing report compiled by Pacific Union International Vice President Rick Laws.The median sales price rose 21.7 percent from a year earlier to $380,000.Agents and brokers said prices rose largely because more buyers are chasing the smallest number of available homes for a February in eight years.“Now that everybody wants to buy, there’s nothing to sell,” Read more [...]