July Real Estate Market Statistics for Sonoma, Marin, and Napa Counties

It is no surprise that single family homes continued to be snatched up as quickly as they hit the market in July.  The data shows that available housing has continued to shrink even as the demand has escalated.  Here are the results for July 2020:

Sonoma County

  • Houses that went into escrow:  622
  • Closed escrow:  563
  • New listings:  431 (25% fewer than July 2020)
  • Available August 1:  675 (12% fewer than July 2020)

Marin County

  • Houses into escrow:  231 (29% fewer than July 2020)
  • Closed escrow:  241
  • New listings:  169 (39% fewer than July 2020)
  • Available August 1: 209
  • Median price:  $1,800,000

Napa County

  • Houses that went into escrow:  128
  • Closed escrow:  115
  • New listings:  101 (60% fewer than July 2020)
  • Available August 1:  245
  • Median price:  $925,000

If you are looking for a fast close on your property purchase, consider a temporary mortgage through Sun Pacific Mortgage.  We offer private lending opportunities that can be completed in a week, if needed! Give us a call at 707-523-2099 to see what we can do to help you during these frenetic paced real estate transactions. Click here to learn more about our company!

Best, Ken – The Guys in the White Hats

Hard Money Lead Loan Originator at Family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!  707-523-2099   www.Sunpacificmortgage.com

CA DRE License #01858042 and NMLS #1221130

 

Note:  Get our financing despite bad credit, difficult to prove income, property a fixer, etc.!  We finance Jumbo loans, Bridge and short-term loans, Owner Occupied purchases and refinances, investment purchases and commercial.





The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.

 

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