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.