Market Conditions in Sonoma>Question Details

Erica Gentry, Both Buyer and Seller in 10019

A few questions about the effects of having the HGTV Dream Home 2009--Did it change the real estate market?

Asked by Erica Gentry, 10019 Tue Mar 10, 2009

Were more people (like me!) interested in buying in the area after the show. Lastly, how was the market doing before the house was chosen? Thanks so much!!

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Since the Frank Howard Allen office sits right on the plaza a few doors down from where the shuttle will take people from the Ledson Hotel to the HGTV house, I can tell you, plenty of people came to town to see the home and see Sonoma, because of the home. I haven't heard of anyone specifically buying because of the effects of having the home in Sonoma.

I'd have to agree with Pam, the real estate market in Sonoma has been impacted, but not nearly as hard hit as other areas of Sonoma County. And while I live in Sonoma and sell homes here, there are a number of great places in Sonoma, Napa and even Lake counties, that offer the wine country living that appeals to so many. Depending on what you're looking for - solitude, space, convenience to a city, rural, urban, farm land, horse property, vineyards, olives - you're sure to find lots of beauty in this part of California.
0 votes Thank Flag Link Tue Mar 10, 2009
Hi there Erica--interesting question! I think that Sonoma County and towns such as Sonoma, Healdsburg and Glen Ellen have been growing in popularity with out of town buyers for many years.

http://www.sonomacounty.com/ is a Sonoma County sponsored website to promote tourism here. Once people visit as tourists, some decide they want a vacation home here, or plan to move here for a lifestyle change. I know, because that is what I did ten years ago! In the past, Sonoma County was flying under the radar relative to Napa County but that is changing, as people come to learn about our wine country lifestyle and the bountiful farms and ranches with an emphasis on sustainable and organic products throughout the county.

So to answer your question the show may have just underscored a trend. The market for homes in the most desirable parts of the county has certainly been impacted by the housing crisis, but not nearly as much as in some areas of the country or more "suburban" parts of the county.

I hope that answers your question. I post on market trends and Sonoma County lifestyle and real estate news at my blog if you want to keep in touch with what is happening here, and I would be happy to answer any questions you might have!
0 votes Thank Flag Link Tue Mar 10, 2009
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