Sonora Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Sonora averaged 7.03% for the week of 2024-04-18, compared to the national average of 7.1% for the same period.

    The average rate for the prior week (2024-04-11) was 7.01% and one month ago for the week of 2024-03-14, the average rate was 6.77%.

    Sonora's average rate one year ago was 6.3%.

    For refis of the same type during the week of 2024-04-18, the average rate was 7%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-04-18 7.1%
    Sonora 30 Year Fixed Rate 2024-04-18 7.03%
    Sonora 30 Year Fixed Rate Refi 2024-04-18 7%
    Sonora 15 Year Fixed Rate 2024-04-18 6.39%
    Sonora 15 Year Fixed Rate Refi 2024-04-18 6.39%
    Sonora 30 Year FHA 2024-04-18 6.44%
    Sonora 30 Year FHA Refi 2024-04-18 7.06%
    Sonora 30 Year USDA 2024-04-18 6.66%
    Sonora 30 Year USDA Refi 2024-04-18 7.06%
    Sonora 30 Year VA 2024-04-18 6.66%
    Sonora 30 Year VA Refi 2024-04-18 6.96%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Sonora, CA.

    Sonora Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Sonora, CA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 107 6.92% $6,718
    UNITED WHOLESALE MORTGAGE, LLC 61 7.01% $8,001
    QUICKEN LOANS, LLC 57 6.86% $7,703
    AMERICAN PACIFIC MORTGAGE CORPORATION 14 7.14% $9,029
    CROSSCOUNTRY MORTGAGE, LLC 7 7.34% $9,429
    Wells Fargo Bank 7 7.48% $6,440
    BROKER SOLUTIONS, INC. 7 6.87% $7,673
    LOANDEPOT.COM, LLC 7 6.98% $6,249
    MASON MCDUFFIE MORTGAGE CORPORATION 7 6.54% $7,953
    Bank of America 6 6.29% $5,521
    JPMorgan Chase Bank 6 6.48% $4,673
    Flagstar Bank, FSB 6 7.18% $7,872
    CMG MORTGAGE, INC. 5 6.15% $6,721
    Northpointe Bank 5 7.10% $7,663
    U.S. Bank 5 6.60% $7,503
    PROVIDENT FUNDING ASSOCIATES, L.P. 5 6.58% $3,849
    ACADEMY MORTGAGE CORPORATION 5 7.33% $10,912
    The Loan Store, Inc. 5 6.73% $7,473
    PENNYMAC LOAN SERVICES, LLC 5 6.57% $5,716
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 6.75% $8,659
    Century Mortgage Company DBA Century Lending Company 4 6.44% $8,194
    BMO Harris Bank 4 6.25% $5,150
    GUILD MORTGAGE COMPANY 3 7.58% $6,930
    El Dorado Savings Bank, F.S.B. 3 5.58% $4,823
    ARC HOME LLC 3 6.96% $7,980
    S1L, Inc. 3 6.71% $7,590
    PREMIER MORTGAGE RESOURCES, L.L.C. 3 6.46% $11,735
    AMERICAN FINANCIAL NETWORK, INC. 3 6.83% $8,030
    LADERA LENDING, INC. 3 7.00% $10,845
    PNC Bank 2 7.25% $8,183
    AMERISAVE MORTGAGE CORPORATION 2 6.06% $9,484
    CASTLE & COOKE MORTGAGE, LLC 2 7.13% $11,760
    Educational Employees Credit Union 2 6.56% $2,191
    FREEDOM MORTGAGE CORPORATION 2 7.13% $8,021
    GUARANTEED RATE, INC. 2 7.50% $6,618
    MOVEMENT MORTGAGE, LLC 2 7.53% $9,701
    Mr. Cooper ( Nationstar Mortgage ) 2 7.18% $6,761
    NEWREZ LLC 2 6.81% $11,771
    PATELCO 2 6.38% $4,399
    REDWOOD 2 7.13% $2,260
    Sierra Pacific Mortgage Company, Inc. 2 6.75% $5,137
    SUMMIT FUNDING, INC. 2 6.88% $9,350
    THE GOLDEN 1 2 6.75% $5,259
    HSBC BANK USA, NATIONAL ASSOCIATION 1 5.99% $5,852
    INTERCAP LENDING INC. 1 7.00% $11,392
    CTBC Bank Corp. (USA) 1 5.88% $4,184
    KeyBank 1 7.50% $5,819
    Citizens Bank 1 5.99% $5,262
    LAKEVIEW LOAN SERVICING, LLC 1 5.50% $6,686
    Citibank 1 5.50% $4,157
    CBC Federal Credit Union 1 7.63% $4,558
    UTILITIES EMPLOYEES CREDIT UNION 1 6.13% $3,654
    ALAMEDA MORTGAGE CORPORATION 1 6.99% $7,370
    NAVY FEDERAL CREDIT UNION 1 6.88% $2,543
    AmRes Corporation 1 6.99% $6,500
    NEW WAVE LENDING GROUP INC 1 7.63% $3,947
    NexBank 1 7.25% $4,679
    NFM, INC. 1 7.25% $12,112
    North American Savings Bank, F.S.B. 1 8.63% $6,401
    Carrington Mortgage Services, LLC 1 5.88% $6,639
    OCMBC, INC. 1 11.63% $12,580
    Operating Engineers Local Union #3 1 6.00% $3,585
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 7.13% $3,036
    AMERITRUST MORTGAGE CORPORATION 1 8.13% $5,212
    CALCON MUTUAL MORTGAGE LLC 1 6.63% $10,560
    PLAZA HOME MORTGAGE, INC. 1 6.25% $9,213
    BETTER MORTGAGE CORPORATION 1 5.50% $8,350
    BEST FINANCE CAPITAL, INC. 1 7.50% $9,894
    BAY-VALLEY MORTGAGE GROUP 1 7.00% $9,147
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.38% $12,869
    Provident Credit Union 1 5.50% $3,227
    Baxter Credit Union 1 6.50% $4,175
    AXIA FINANCIAL, LLC 1 7.25% $4,907
    USAA Federal Savings Bank 1 6.25% $6,300
    ROYAL UNITED MORTGAGE LLC 1 7.13% $3,748
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 7.99% $4,285
    San Mateo Credit Union 1 5.88% $2,024
    SCENIC OAKS FUNDING, INC. 1 6.38% $14,124
    Ameris Bank 1 7.13% $15,236
    EVERETT FINANCIAL, INC. 1 6.38% $7,673
    Farmers Bank & Trust 1 6.25% $4,547
    ENVOY MORTGAGE, LTD 1 7.63% $11,028
    FOUNDATION MORTGAGE CORPORATION 1 8.25% $11,627
    SNAPFI, INC. 1 7.13% $4,688
    General Mortgage Capital Corporation 1 6.13% $3,319
    GOOGAIN, INC. 1 7.50% $9,621
    Strong Home Mortgage, LLC 1 7.88% $2,859
    DRAPER AND KRAMER MORTGAGE CORP. 1 8.13% $4,140
    HOMEXPRESS MORTGAGE CORP. 1 8.00% $13,856

    Sonora Average Closing Costs & Other Stats

    Sonora, CA's 89 lenders originated 893 loans during 2023. The total origination value was $241,195,000, with an average loan value of $270,095.

    Sonora's average closing costs are $5,525.

    The top Sonora lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 107 loans originated. Their average total fees are $6,718, which is $1,283 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Sonora lenders (with over 10 loans originated) are FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,718), QUICKEN LOANS, LLC ($7,703), UNITED WHOLESALE MORTGAGE, LLC ($8,001), AMERICAN PACIFIC MORTGAGE CORPORATION ($9,029) and .

    The lowest rate Sonora lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.86%), FAIRWAY INDEPENDENT MORTGAGE CORPORATION (6.92%), UNITED WHOLESALE MORTGAGE, LLC (7.01%), AMERICAN PACIFIC MORTGAGE CORPORATION (7.14%) and .

    Sonora, CA Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $73,630,000 $49,380,000 -32.9% 20.5%
    UNITED WHOLESALE MORTGAGE, LLC $45,005,000 $32,860,000 -27.0% 13.6%
    QUICKEN LOANS, LLC $41,555,000 $22,955,000 -44.8% 9.5%
    AMERICAN PACIFIC MORTGAGE CORPORATION $8,580,000 $6,505,000 -24.2% 2.7%
    Bank of America $7,915,000 $5,120,000 -35.3% 2.1%
    LOANDEPOT.COM, LLC $9,730,000 $4,265,000 -56.2% 1.8%
    U.S. Bank $5,645,000 $3,920,000 -30.6% 1.6%
    CROSSCOUNTRY MORTGAGE, LLC $8,305,000 $3,910,000 -52.9% 1.6%
    PENNYMAC LOAN SERVICES, LLC $4,975,000 $3,690,000 -25.8% 1.5%
    PNC Bank $1,880,000 $3,230,000 71.8% 1.3%
    Flagstar Bank, FSB $3,150,000 $3,105,000 -1.4% 1.3%
    Century Mortgage Company DBA Century Lending Company $1,955,000 $2,995,000 53.2% 1.2%
    ACADEMY MORTGAGE CORPORATION $5,040,000 $2,635,000 -47.7% 1.1%
    MASON MCDUFFIE MORTGAGE CORPORATION $3,690,000 $2,615,000 -29.1% 1.1%
    JPMorgan Chase Bank $8,000,000 $2,335,000 -70.8% 1.0%
    BROKER SOLUTIONS, INC. $2,995,000 $2,190,000 -26.9% 0.9%
    FREEDOM MORTGAGE CORPORATION $5,630,000 $2,020,000 -64.1% 0.8%
    Northpointe Bank $3,175,000 $1,970,000 -38.0% 0.8%
    CMG MORTGAGE, INC. $3,145,000 $1,835,000 -41.7% 0.8%
    Wells Fargo Bank $9,485,000 $1,815,000 -80.9% 0.8%
    Commerce Home Mortgage, Inc. $4,780,000 $1,760,000 -63.2% 0.7%
    The Loan Store, Inc. $1,655,000 n/a 0.7%
    PREMIER MORTGAGE RESOURCES, L.L.C. $2,220,000 $1,630,000 -26.6% 0.7%
    CASTLE & COOKE MORTGAGE, LLC $1,710,000 $1,605,000 -6.1% 0.7%
    GUILD MORTGAGE COMPANY $2,260,000 $1,545,000 -31.6% 0.6%
    BMO Harris Bank $1,480,000 n/a 0.6%
    Farmers & Merchants Bank of Central California $375,000 $1,405,000 274.7% 0.6%
    Bank of Stockton $1,535,000 $1,380,000 -10.1% 0.6%
    NAVY FEDERAL CREDIT UNION $990,000 $1,380,000 39.4% 0.6%
    HSBC BANK USA, NATIONAL ASSOCIATION $1,365,000 n/a 0.6%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $2,535,000 $1,360,000 -46.4% 0.6%
    LENDINGHOME FUNDING CORPORATION $1,085,000 $1,345,000 24.0% 0.6%
    PROVIDENT FUNDING ASSOCIATES, L.P. $135,000 $1,255,000 829.6% 0.5%
    TRIAD FINANCIAL SERVICES, INC. $480,000 $1,225,000 155.2% 0.5%
    Umpqua Bank $7,065,000 $1,210,000 -82.9% 0.5%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,370,000 $1,200,000 -12.4% 0.5%
    OCMBC, INC. $1,020,000 $1,190,000 16.7% 0.5%
    Paramount Residential Mortgage Group, Inc. $2,235,000 $1,145,000 -48.8% 0.5%
    THE GOLDEN 1 $935,000 $1,145,000 22.5% 0.5%
    GUARANTEED RATE, INC. $4,150,000 $1,115,000 -73.1% 0.5%
    SUMMIT FUNDING, INC. $255,000 $1,115,000 337.3% 0.5%
    Mortgage Research Center, LLC $4,120,000 $1,065,000 -74.2% 0.4%
    SUN WEST MORTGAGE COMPANY, INC. $1,175,000 $1,060,000 -9.8% 0.4%
    ARC HOME LLC $365,000 $1,025,000 180.8% 0.4%
    S1L, Inc. $2,625,000 $1,025,000 -61.0% 0.4%
    FINANCE OF AMERICA REVERSE LLC $515,000 $1,020,000 98.1% 0.4%
    AMERICAN FINANCIAL NETWORK, INC. $960,000 n/a 0.4%
    NEWREZ LLC $1,320,000 $945,000 -28.4% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $9,765,000 $915,000 -90.6% 0.4%
    The Federal Savings Bank $1,375,000 $870,000 -36.7% 0.4%
    AMERISAVE MORTGAGE CORPORATION $6,085,000 $845,000 -86.1% 0.4%
    LADERA LENDING, INC. $835,000 n/a 0.3%
    Sierra Pacific Mortgage Company, Inc. $2,490,000 $830,000 -66.7% 0.3%
    Banner Bank $815,000 n/a 0.3%
    El Dorado Savings Bank, F.S.B. $2,945,000 $805,000 -72.7% 0.3%
    CALCON MUTUAL MORTGAGE LLC $335,000 $770,000 129.9% 0.3%
    LAKEVIEW LOAN SERVICING, LLC $2,795,000 $760,000 -72.8% 0.3%
    PATELCO $2,700,000 $760,000 -71.9% 0.3%
    CARDINAL FINANCIAL $930,000 $730,000 -21.5% 0.3%
    FIRST TECHNOLOGY $515,000 $730,000 41.7% 0.3%
    KeyBank $625,000 $725,000 16.0% 0.3%
    21ST MORTGAGE CORPORATION $910,000 $705,000 -22.5% 0.3%
    NFM, INC. $1,710,000 $660,000 -61.4% 0.3%
    SCENIC OAKS FUNDING, INC. $2,140,000 $660,000 -69.2% 0.3%
    CREDIT HUMAN FEDERAL CREDIT UNION $125,000 $650,000 420.0% 0.3%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $275,000 $650,000 136.4% 0.3%
    Firefighters First Federal Credit Union $250,000 $630,000 152.0% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $5,405,000 $625,000 -88.4% 0.3%
    Carrington Mortgage Services, LLC $1,130,000 $610,000 -46.0% 0.3%
    Citizens Bank $875,000 $605,000 -30.9% 0.3%
    NETWORK CAPITAL FUNDING CORPORATION $425,000 $600,000 41.2% 0.2%
    PACIFIC SERVICE $1,460,000 $555,000 -62.0% 0.2%
    AXIA FINANCIAL, LLC $545,000 n/a 0.2%
    MOVEMENT MORTGAGE, LLC $1,925,000 $530,000 -72.5% 0.2%
    Farmers Bank & Trust $525,000 n/a 0.2%
    San Joaquin Power Employees Credit Union $520,000 n/a 0.2%
    NOVA FINANCIAL & INVESTMENT CORPORATION $515,000 n/a 0.2%
    Comerica Bank $55,000 $505,000 818.2% 0.2%
    CLEARPATH LENDING $445,000 $495,000 11.2% 0.2%
    Discover Bank $540,000 $485,000 -10.2% 0.2%
    REDWOOD $470,000 n/a 0.2%
    SNAPFI, INC. $470,000 n/a 0.2%
    Third Federal Savings and Loan Association of Cleveland $140,000 $450,000 221.4% 0.2%
    EVERETT FINANCIAL, INC. $905,000 $445,000 -50.8% 0.2%
    LONGBRIDGE FINANCIAL, LLC $380,000 $445,000 17.1% 0.2%
    Merchants Mortgage & Trust Corporation $440,000 n/a 0.2%
    ALAMEDA MORTGAGE CORPORATION $800,000 $430,000 -46.3% 0.2%
    BEST FINANCE CAPITAL, INC. $425,000 n/a 0.2%
    MORTGAGEONE, INC. $415,000 n/a 0.2%
    VILLAGE CAPITAL MORTGAGE $855,000 $405,000 -52.6% 0.2%
    FOUNDATION MORTGAGE CORPORATION $395,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $65,000 $385,000 492.3% 0.2%
    Ameris Bank $375,000 n/a 0.2%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $415,000 $375,000 -9.6% 0.2%
    HOMEXPRESS MORTGAGE CORP. $645,000 $365,000 -43.4% 0.2%
    DRAPER AND KRAMER MORTGAGE CORP. $355,000 n/a 0.1%
    PACIFIC RESIDENTIAL MORTGAGE, LLC $355,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $355,000 n/a 0.1%
    Bank of England $345,000 n/a 0.1%
    Equity Prime Mortgage LLC $1,425,000 $345,000 -75.8% 0.1%
    DIRECTIONS EQUITY, LLC $335,000 n/a 0.1%
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $335,000 n/a 0.1%
    ML Mortgage Corp. $335,000 n/a 0.1%
    USAA Federal Savings Bank $720,000 $335,000 -53.5% 0.1%
    Educational Employees Credit Union $400,000 $330,000 -17.5% 0.1%
    USAlliance Federal Credit Union $330,000 n/a 0.1%
    HOMESIDE FINANCIAL, LLC $325,000 n/a 0.1%
    Provident Credit Union $620,000 $325,000 -47.6% 0.1%
    PLAZA HOME MORTGAGE, INC. $365,000 $315,000 -13.7% 0.1%
    Hinsdale Bank & Trust Company $305,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $260,000 $295,000 13.5% 0.1%
    ENVOY MORTGAGE, LTD $825,000 $295,000 -64.2% 0.1%
    CTBC Bank Corp. (USA) $285,000 n/a 0.1%
    GOOGAIN, INC. $355,000 $285,000 -19.7% 0.1%
    MOUNTAIN WEST FINANCIAL, INC. $285,000 n/a 0.1%
    PremierOne Credit Union $285,000 n/a 0.1%
    UTILITIES EMPLOYEES CREDIT UNION $285,000 n/a 0.1%
    BAY-VALLEY MORTGAGE GROUP $275,000 n/a 0.1%
    Fremont Bank $2,440,000 $275,000 -88.7% 0.1%
    Citadel Servicing Corporation $265,000 n/a 0.1%
    Leader Bank $265,000 n/a 0.1%
    NEXERA HOLDING LLC $2,845,000 $265,000 -90.7% 0.1%
    City National Bank $255,000 n/a 0.1%
    INTERCAP LENDING INC. $255,000 n/a 0.1%
    ALLIANT CREDIT UNION $995,000 $250,000 -74.9% 0.1%
    OPEN MORTGAGE, LLC $225,000 $245,000 8.9% 0.1%
    Figure Lending LLC $705,000 $235,000 -66.7% 0.1%
    Baxter Credit Union $45,000 $225,000 400.0% 0.1%
    Greenbox Loans, Inc. $225,000 n/a 0.1%
    Operating Engineers Local Union #3 $635,000 $225,000 -64.6% 0.1%
    San Mateo Credit Union $225,000 n/a 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $215,000 n/a 0.1%
    GTE Federal Credit Union $210,000 n/a 0.1%
    Signature Federal Credit Union $210,000 n/a 0.1%
    North American Savings Bank, F.S.B. $195,000 n/a 0.1%
    TRAVIS CREDIT UNION $190,000 n/a 0.1%
    BETTER MORTGAGE CORPORATION $1,440,000 $185,000 -87.2% 0.1%
    Golden Empire Mortgage, Inc. $405,000 $180,000 -55.6% 0.1%
    Connexus Credit Union $175,000 n/a 0.1%
    AMERICAN HERITAGE LENDING, INC. $165,000 n/a 0.1%
    NEW WAVE LENDING GROUP INC $165,000 n/a 0.1%
    Alaska USA Federal Credit Union $190,000 $155,000 -18.4% 0.1%
    AMERITRUST MORTGAGE CORPORATION $155,000 n/a 0.1%
    CBC Federal Credit Union $155,000 n/a 0.1%
    NexBank $315,000 $155,000 -50.8% 0.1%
    SCHOOLSFIRST $690,000 $150,000 -78.3% 0.1%
    AmRes Corporation $145,000 n/a 0.1%
    Citibank $1,010,000 $145,000 -85.6% 0.1%
    General Mortgage Capital Corporation $145,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $130,000 n/a 0.1%
    SPRING EQ, LLC $1,220,000 $130,000 -89.3% 0.1%
    Strong Home Mortgage, LLC $345,000 $115,000 -66.7% 0.0%
    HighTechLending Inc $165,000 $105,000 -36.4% 0.0%
    STAR ONE CREDIT UNION $1,325,000 $105,000 -92.1% 0.0%
    Stifel Bank and Trust $105,000 n/a 0.0%
    Mechanics Bank $2,115,000 $90,000 -95.7% 0.0%
    SAN FRANCISCO FIRE CREDIT UNION $90,000 n/a 0.0%
    VAL-CHRIS INVESTMENTS, INC. $85,000 n/a 0.0%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $2,530,000 $75,000 -97.0% 0.0%
    STANFORD Federal Credit Union $335,000 $75,000 -77.6% 0.0%
    Bethpage Federal Credit Union $620,000 $45,000 -92.7% 0.0%
    CHERRY CREEK MORTGAGE, LLC $710,000 $35,000 -95.1% 0.0%
    Coastal Community Bank $25,000 n/a 0.0%

    Sonora's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 20.5% market share. In second place, with 13.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $32,860,000 in loans. In third place, with 9.5%, is QUICKEN LOANS, LLC, having originated $22,955,000 in loans. In fourth place, with 2.7%, is AMERICAN PACIFIC MORTGAGE CORPORATION, having originated $6,505,000 in loans. In fifth place, with 2.1%, is Bank of America, having originated $5,120,000 in loans.

    Sonora Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Sonora (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $324,500 (3.0%) $388,470 (-0.4%) 0.00 312
    2018-02-01 $325,000 (3.7%) $400,783 (1.8%) 0.00 295
    2018-03-01 $325,000 (2.4%) $399,730 (0.1%) 0.00 310
    2018-04-01 $344,250 (5.9%) $419,193 (5.5%) 0.00 325
    2018-05-01 $349,950 (7.7%) $436,029 (8.5%) 0.00 361
    2018-06-01 $350,000 (6.4%) $435,669 (10.2%) 0.00 415
    2018-07-01 $349,350 (7.5%) $423,627 (10.8%) 0.00 498
    2018-08-01 $348,500 (7.2%) $422,071 (8.8%) 0.00 523
    2018-09-01 $339,000 (6.1%) $415,236 (7.2%) 0.00 529
    2018-10-01 $337,000 (6.3%) $407,192 (3.1%) 0.00 506
    2018-11-01 $339,000 (9.7%) $405,325 (4.2%) 0.00 466
    2018-12-01 $329,000 (6.5%) $400,151 (5.0%) 0.00 425
    2019-01-01 $334,200 (3.0%) $408,435 (5.1%) 0.00 342
    2019-02-01 $329,450 (1.4%) $403,979 (0.8%) 0.00 331
    2019-03-01 $333,693 (2.7%) $410,123 (2.6%) 0.00 348
    2019-04-01 $339,475 (-1.4%) $416,794 (-0.6%) 0.00 397
    2019-05-01 $347,225 (-0.8%) $428,450 (-1.7%) 0.00 476
    2019-06-01 $354,725 (1.4%) $432,958 (-0.6%) 0.00 547
    2019-07-01 $349,800 (0.1%) $420,551 (-0.7%) 0.00 613
    2019-08-01 $346,636 (-0.5%) $416,210 (-1.4%) 0.00 630
    2019-09-01 $342,341 (1.0%) $415,306 (0.0%) 0.00 626
    2019-10-01 $342,477 (1.6%) $414,679 (1.8%) 0.00 613
    2019-11-01 $339,000 (0.0%) $415,095 (2.4%) 0.00 555
    2019-12-01 $336,000 (2.1%) $427,851 (6.9%) 0.00 474
    2020-01-01 $329,000 (-1.6%) $426,047 (4.3%) 0.00 363
    2020-02-01 $329,450 (0.0%) $428,953 (6.2%) 0.00 349
    2020-03-01 $339,250 (1.7%) $423,493 (3.3%) 0.00 365
    2020-04-01 $336,350 (-0.9%) $420,924 (1.0%) 0.00 351
    2020-05-01 $338,500 (-2.5%) $424,892 (-0.8%) 0.00 352
    2020-06-01 $359,750 (1.4%) $436,438 (0.8%) 0.00 338
    2020-07-01 $369,963 (5.8%) $445,957 (6.0%) 0.00 319
    2020-08-01 $379,600 (9.5%) $461,660 (10.9%) 0.00 253
    2020-09-01 $376,750 (10.1%) $543,551 (30.9%) 0.00 245
    2020-10-01 $375,000 (9.5%) $543,205 (31.0%) 0.00 250
    2020-11-01 $397,000 (17.1%) $492,644 (18.7%) 0.00 221
    2020-12-01 $399,925 (19.0%) $516,574 (20.7%) 0.00 193
    2021-01-01 $435,000 (32.2%) $544,232 (27.7%) 0.00 165
    2021-02-01 $470,000 (42.7%) $588,717 (37.3%) 0.00 131
    2021-03-01 $474,750 (39.9%) $559,712 (32.2%) 0.00 132
    2021-04-01 $449,998 (33.8%) $534,312 (26.9%) 0.00 160
    2021-05-01 $448,500 (32.5%) $522,519 (23.0%) 0.00 178
    2021-06-01 $455,475 (26.6%) $532,597 (22.0%) 0.00 199
    2021-07-01 $449,999 (21.6%) $533,063 (19.5%) 0.00 207
    2021-08-01 $441,100 (16.2%) $519,087 (12.4%) 0.00 231
    2021-09-01 $432,500 (14.8%) $517,751 (-4.8%) 0.00 249
    2021-10-01 $437,000 (16.5%) $534,538 (-1.6%) 0.00 265
    2021-11-01 $457,500 (15.2%) $565,975 (14.9%) 0.00 239
    2021-12-01 $479,894 (20.0%) $594,450 (15.1%) 0.00 187
    2022-01-01 $497,475 (14.4%) $626,495 (15.1%) 0.00 131
    2022-02-01 $495,000 (5.3%) $638,177 (8.4%) 0.00 118
    2022-03-01 $499,250 (5.2%) $624,496 (11.6%) 0.00 140
    2022-04-01 $491,500 (9.2%) $595,714 (11.5%) 0.00 159
    2022-05-01 $480,167 (7.1%) $1,251,470 (139.5%) 0.00 213
    2022-06-01 $472,500 (3.7%) $579,121 (8.7%) 0.00 265
    2022-07-01 $459,000 (2.0%) $549,897 (3.2%) 0.00 314
    2022-08-01 $449,450 (1.9%) $528,339 (1.8%) 0.00 343
    2022-09-01 $448,000 (3.6%) $532,593 (2.9%) 0.00 318
    2022-10-01 $449,000 (2.8%) $534,937 (0.1%) 0.00 314
    2022-11-01 $434,500 (-5.0%) $531,445 (-6.1%) 0.00 300
    2022-12-01 $440,450 (-8.2%) $541,607 (-8.9%) 0.00 246
    2023-01-01 $429,950 (-13.6%) $543,852 (-13.2%) 0.00 199
    2023-02-01 $449,000 (-9.3%) $558,531 (-12.5%) 0.00 180
    2023-03-01 $454,950 (-8.9%) $571,613 (-8.5%) 0.00 150
    2023-04-01 $469,000 (-4.6%) $584,771 (-1.8%) 0.00 163
    2023-05-01 $479,750 (-0.1%) $607,182 (-51.5%) 0.00 196
    2023-06-01 $489,875 (3.7%) $594,302 (2.6%) 0.00 258
    2023-07-01 $489,000 (6.5%) $570,103 (3.7%) 0.00 281
    2023-08-01 $456,999 (1.7%) $560,130 (6.0%) 0.00 303
    2023-09-01 $449,000 (0.2%) $540,663 (1.5%) 0.00 320
    2023-10-01 $449,000 (0.0%) $535,897 (0.2%) 0.00 340
    2023-11-01 $436,750 (0.5%) $527,214 (-0.8%) 0.00 338
    2023-12-01 $427,500 (-2.9%) $530,216 (-2.1%) 0.00 286
    2024-01-01 $430,000 (0.0%) $519,214 (-4.5%) 0.00 229
    2024-02-01 $423,500 (-5.7%) $517,177 (-7.4%) 0.00 205
    2024-03-01 $444,500 (-2.3%) $537,855 (-5.9%) 0.00 218
    Sonora's median listing price for 2024-03-01 was $444,500, a difference of $-10,450 (-2.3%) versus the prior year and $21,000 versus the prior month.

    Sonora's median listing price comes in at 0% of the national average.

    Sonora's average listing price for 2024-03-01 was $537,855, a difference of $-33,758 (-5.9%) versus the prior year and $20,678 versus the prior month.

    For the 2024-03-01 period, Sonora had 218 MLS listings, a difference of 13 listings (6%) versus the prior month and 68 listings (45%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Sonora (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,731 sqft
    2018-02-01 0 days 1,743 sqft
    2018-03-01 0 days 1,750 sqft
    2018-04-01 0 days 1,775 sqft
    2018-05-01 0 days 1,841 sqft
    2018-06-01 0 days 1,873 sqft
    2018-07-01 0 days 1,792 sqft
    2018-08-01 0 days 1,776 sqft
    2018-09-01 0 days 1,792 sqft
    2018-10-01 0 days 1,761 sqft
    2018-11-01 0 days 1,784 sqft
    2018-12-01 0 days 1,762 sqft
    2019-01-01 0 days 1,798 sqft
    2019-02-01 0 days 1,760 sqft
    2019-03-01 0 days 1,790 sqft
    2019-04-01 0 days 1,815 sqft
    2019-05-01 0 days 1,840 sqft
    2019-06-01 0 days 1,844 sqft
    2019-07-01 0 days 1,819 sqft
    2019-08-01 0 days 1,811 sqft
    2019-09-01 0 days 1,816 sqft
    2019-10-01 0 days 1,822 sqft
    2019-11-01 0 days 1,801 sqft
    2019-12-01 0 days 1,803 sqft
    2020-01-01 0 days 1,793 sqft
    2020-02-01 0 days 1,780 sqft
    2020-03-01 0 days 1,765 sqft
    2020-04-01 0 days 1,789 sqft
    2020-05-01 0 days 1,772 sqft
    2020-06-01 0 days 1,813 sqft
    2020-07-01 0 days 1,816 sqft
    2020-08-01 0 days 1,784 sqft
    2020-09-01 0 days 1,788 sqft
    2020-10-01 0 days 1,786 sqft
    2020-11-01 0 days 1,797 sqft
    2020-12-01 0 days 1,801 sqft
    2021-01-01 0 days 1,812 sqft
    2021-02-01 0 days 1,808 sqft
    2021-03-01 0 days 1,813 sqft
    2021-04-01 0 days 1,788 sqft
    2021-05-01 0 days 1,794 sqft
    2021-06-01 0 days 1,786 sqft
    2021-07-01 0 days 1,777 sqft
    2021-08-01 0 days 1,717 sqft
    2021-09-01 0 days 1,719 sqft
    2021-10-01 0 days 1,710 sqft
    2021-11-01 0 days 1,809 sqft
    2021-12-01 0 days 1,839 sqft
    2022-01-01 0 days 1,848 sqft
    2022-02-01 0 days 1,794 sqft
    2022-03-01 0 days 1,878 sqft
    2022-04-01 0 days 1,820 sqft
    2022-05-01 0 days 1,761 sqft
    2022-06-01 0 days 1,810 sqft
    2022-07-01 0 days 1,759 sqft
    2022-08-01 0 days 1,759 sqft
    2022-09-01 0 days 1,771 sqft
    2022-10-01 0 days 1,738 sqft
    2022-11-01 0 days 1,721 sqft
    2022-12-01 0 days 1,721 sqft
    2023-01-01 0 days 1,664 sqft
    2023-02-01 0 days 1,743 sqft
    2023-03-01 0 days 1,781 sqft
    2023-04-01 0 days 1,748 sqft
    2023-05-01 0 days 1,792 sqft
    2023-06-01 0 days 1,829 sqft
    2023-07-01 0 days 1,801 sqft
    2023-08-01 0 days 1,797 sqft
    2023-09-01 0 days 1,736 sqft
    2023-10-01 0 days 1,732 sqft
    2023-11-01 0 days 1,698 sqft
    2023-12-01 0 days 1,681 sqft
    2024-01-01 0 days 1,659 sqft
    2024-02-01 0 days 1,620 sqft
    2024-03-01 0 days 1,685 sqft
    Sonora's median listing age (time on market) for 2024-03-01 was 0 days.

    Sonora's median square footage for active listings during the 2024-03-01 period was 1,685 sqft. One year prior, the average listing was 1,781 sqft.

    Sonora, CA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 593 $184,945,000 $311,880
    Cash Out Refi 113 $26,825,000 $237,389
    Home Improvement 71 $6,965,000 $98,099
    Other 68 $10,620,000 $156,176
    Refi 48 $11,840,000 $246,667

    Sonora's most frequently cited loan purpose was Home Purchase, with 593 originations. The 2nd most popular reason was Cash Out Refi, with 113 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 338 $103,810,000 $307,130
    7-8% 247 $67,325,000 $272,571
    Over 8% 150 $23,530,000 $156,867
    5-6% 125 $41,485,000 $331,880
    <2.5% 8 $80,000 $10,000
    4-5% 3 $715,000 $238,333
    3-4% 1 $115,000 $115,000
    2.5-3% 1 $75,000 $75,000

    During 2023, Sonora's most frequently originated rate bucket was 6-7%, with 338 originations.

    Loan Sizing (Sonora, CA MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 431 $126,525,000 $293,561
    $100k-200k 188 $27,430,000 $145,904
    $400k-600k 122 $56,820,000 $465,738
    $100,000 or less 121 $6,865,000 $56,736
    $600k-1000k 27 $18,235,000 $675,370
    $Over $1MM 4 $5,320,000 $1,330,000

    Sonora's loan sizing saw the bucket of loans from $200k-400k with 431 originations, totaling $126,525,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 308 $109,770,000 $356,396
    60-80% 218 $71,310,000 $327,110
    40-60% 119 $29,165,000 $245,084
    Under 20% 111 $7,355,000 $66,261
    20-40% 106 $15,560,000 $146,792
    Over 100% 10 $3,620,000 $362,000

    Sonora's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 308 originations, totaling $109,770,000 in origination value.