Cloverdale, Sonoma County CA April 2009 Real Estate Market Snapshot

Cloverdale, Sonoma County CA April 2009 Market Snapshot

Cloverdale, Sonoma County CA April 2009 Residential Property Market Snapshot

Following are sales stats for the April 2009 Cloverdale area as well as what is currently (as of May 24) available in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches. This month I am changing this up a bit by dividing out the detached single family homes from the condo market.

As of Today May 24, 2009 Cloverdale CA has:

100 MLS Listed Properties:

95 Are Single Family Homes with a List Price Range of $119,900 - $6,000,000

Average List Price $678,715 * Median List Price $361,000

24 are Bank Owned aka REO/Foreclosed properties & 34 are Short Sales

5 Are Condo Listings with a List Price Range of $99,750 - $169,900

Average List Price of $117,830 * Median List Price of $109,500

1 is Bank Owned aka REO/Foreclosed properties & 3 are Short Sales

43 of the Listings Are In Escrow in "Contingent" status

41 being Single Family Homes List Price Range $138,900 - $799,000

Average List Price $305,150 * Median List Price $285,000

Of these 41, 13 are Bank Owned & 23 are Short Sales

2 are Condo's with a List Price Range of $109,500 - $110,000

Average List Price of $109,750 * Median List Price of $109,750

Of these 2, 0 are Bank Owned & 2 are Short Sales

5 of the Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed

4 are Single Family Homes List Price Range $141,900 - $319,000

Average List Price $223,625 * Median List Price $216,800

Of these 4, 3 are Bank Owned & 0 are Short Sales

1 is a Condo with a List Price Range of $99,750

This Condo is neither Bank Owned nor a Short Sale

20 Listings Sold i.e. Closed Escrow During the month of April 2009:

19 being Single Family Homes Selling for 96.98% of List Price

List Price Range $139,900 - $439,900 * Selling Price Range $148,500 - $420,000

Average List Price $259,582 * Average Selling Price $251,753

Median List Price $239,900 * Median Selling Price $220,000

Of the 19, 16 were Bank Owned & 0 were Short Sales

1 Was a Condo That Sold for 100% of List Price

List Price $109,900 & Selling Price of $109,900

This listing was Bank Owned

Upon Request I am happy to adjust these stats to a more specific neighborhood within Cloverdale or your own criteria such as certain number of bedrooms and bath or single level only to name a few.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com