The Goldman Gray Group Newsletter September 2023

Hello September!

Welcome to the September edition of our Wine Country Real Estate newsletter. We’re looking forward to our Indian Summer prior to the crisp embrace of fall. In an exciting development, we are thrilled to formally announce the launch of The Goldman Gray Group, a boutique real estate team specializing in wine country luxury properties in Sonoma and Napa Counties.  Under the expert guidance of Avram Goldman, a 20-year Sonoma resident and seasoned industry professional, along with marketing specialist John Gray, this collaboration brings together unparalleled expertise and a shared passion for connecting clients with the finest wine country homes.

Whether you're a discerning buyer or considering selling, we are dedicated to delivering tailored solutions that align with your unique goals. To learn more about our team and explore the exquisite properties we represent, visit our newly launched website at www.TheGoldmanGrayGroup.com. Unveiling a user-friendly interface and a comprehensive showcase of listings, the website is designed to streamline your real estate journey and provide insights into the captivating lifestyle that Sonoma and Napa counties have to offer.

Locally, the harvest has just begun. The grapes for sparkling wines are being pressed. Our harvest is later than usual. Although, it could be an iconic vintage as the weather has been cooler giving the grapes to mature more slowly developing wonderful flavors with good acidity. Let’s hope the rains come a bit later.

What's happening in the real estate market? Anecdotally, the Sonoma Valley market is showing slightly renewed vigor, with more inquiries on both the buying and selling side. The August market was impacted by a 2+ week outage in the local MLS system which dissuaded new listings by dampening the ability to fully market a home. In August there were 23 single family homes sold in the Sonoma 95476 Zip Code, down 12% from July. Median days on the market increased 20% to 36 days while the median sold price increased 5.1% from July to $1,051,000. We sense the market is has pent up energy for both buyers and sellers and we anticipate acceleration in the number of listings now that we've passed Labor Day weekend.

Don’t hesitate to reach out if you have questions about the current market.

Compass Curated

Welcome to Compass Curated, a collection of our most prestigious properties across the country. Click to explore these unique and extraordinary homes by marketplace.

Local Happenings

September 10th | 2pm-4:30pm

1st Annual Chili Contest at Cline Family Cellars

You be the judge! 7 local chefs + 7 chilis paired with your favorite Cline wines! Top local chefs compete for Chili bragging rights as they showcase their talent in our 1st Annual Chili Challenge, benefitting World Central Kitchen. Music, wine, & games will abound to entertain those big & small.

September 14-16

Sonoma County 
Wine Auction

The annual Sonoma County Wine Auction raises critical funds for Sonoma County Vintners Foundation (SCVF) to support local nonproﬁt organizations and help those in our community who are most in need.  Join Sonoma County’s generous winemakers and chefs while bidding on the region’s top wines and once-in-a-lifetime experiences.

Through Oct 27 | 5pm-8pm

Music On The Lawn @ Sonoma Mission Inn

SMI invites all to its Live Music Series on Fridays and Saturdays on the front lawn. Cozy up at an outdoor firepit, enjoy seasonal bites from our signature food truck CaliForno Street Eats, and sip on your favorite cocktails and Sonoma wines. 

September Performers
9/1: Sean Carscadden
9/2: Sol Cats 
9/3 MaMaMa
9/8: Don Trotta
9/9: Werewolf On Holiday
9/15: Tony Saunders 
9/16: Harmony Brothers
9/22: Clay Bell
9/23: Showcase Band
9/29: Monica deSilva Duo
9/30: Werewolf On Holiday

Recently Sold

Sonoma Valley

4990 Alta Sonoma Street

3 BD   3 BA   4000 SF   $2,590,000

El Verano

18790 Orange Avenue

3 BD   2 BA   1922 SF   $2,400,000

In Contract

Sonoma Valley

1157 Calle Del Arroyo

4 BD   3 BA   2342 SF   $1,269,000

Featured Listing

Sonoma Valley

17333 Gehricke Road

4 BD   4 BA   3530 SF   $3,695,000

Real Estate in the News

Investing In Homeownership
The purchase of a home has historically been a very good investment, especially over the long term. Scroll to find out why.

Long-Term Appreciation Trends

From Jan 2000–Dec 2022, the average national house price appreciated approximately 197%

According to the S&P CoreLogic Case-Shiller Home Price Index.*Appreciation rates vary widely between different markets and over different periods of time and the calculation depends on the exact period being measured.

Supercharged  Returns

In the event of home appreciation, it can supercharge the return on your cash down payment and closing costs. This is because your home is worth more than your initial investment.

Mortgage
Equity Growth

Monthly mortgage payments gradually reduce your outstanding loan amount, building home equity. In simple terms, you're paying yourself, not a landlord.

Thanks for reading and subscribing! When it comes to building wealth, nothing beats homeownership.

Reach out to chat!

Avram Goldman
DRE# 00753763
REALTOR®
M: 925.323.8881
avram.goldman@compass.com

John Gray
DRE# 01971913
REALTOR®
M: 707.871.7275
john.gray@compass.com

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.