Monday, March 16, 2020 / by Joe Von Herrmann
Has the Sonora Real Estate Market Peaked?
Countywide Sales Figures Slow
Real estate markets generally cycle in four stages. Expansion, during which prices rise. Equilibrium, when prices level out and stabilize. Decline follows with falling prices and less sales. Recovery begins, usually slowly, and leads back into Expansion. Timing home sales is key to high profitability. Here are some recent Tuolumne County sales figures* to help you time your sale.
How Much Would Your Home Sell for In Today’s Market?
Find out at:
* Statistics from Tuolumne County Association of Realtors 2012 through 2019, all residential sales.
Joe von Herrmann
Coldwell Banker Segerstrom