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May home sales, prices increase in Sonoma County

June 20th, 2010 admin

Sonoma County home sales increased for the fourth consecutive month, rising nearly 8 percent from April to May, but activity still trails last year. Buyers purchased 410 single-family homes in May, up from 381 in April but down slightly from 416 a year ago. Prices, meanwhile, increased for the first time in five months. The median price hit $362,000, up 5 percent from April and up 4 percent from a year ago. “It shows we have a very steady growth in demand in the marketplace,” said Rick Laws, manager at Coldwell Banker in Santa Rosa, who compiles The Press Democrat’s monthly housing report. Read more at the Press Democrat…

By SAM SCOTT
THE PRESS DEMOCRAT

Published: Wednesday, June 16, 2010 at 6:22 p.m.
Last Modified: Wednesday, June 16, 2010 at 6:22 p.m.

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