Healdsburg/Geyserville Sonoma County CA April 2009 Market Snapshot

Healdsburg/Geyserville, Sonoma County CA April 2009 Residential Property Market Snapshot

Are you interested in current market statistics & conditions for the Healdsburg/Geyserville Market Area of Northern California Real Estate? Following are the stats for the April 2009 market 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 the Healdsburg/Geryserville CA Market Area currently has:

137 Listings:

125 Are Single Family Home with List Price Range of $199,000 - $8,500,000

Average List Price $1,266,949 * Median List Price $699,900

6 are Bank Owned aka REO/Foreclosed properties & 12 are Short Sales

12 Are Condo Listings with a List Price Range of $120,000 - $479,950

Average List Price of $287,567 * Median List Price of $299,500

1 is Bank Owned aka REO/Foreclosed properties & 2 are Short Sales

24 of the Listings Are In Escrow in "Contingent" status:

21 being Single Family Homes List Price Range $285,000 - $949,000

Average List Price $526,138 * Median List Price $549,000

Of these 21, 1 is Bank Owned & 7 are Short Sales

3 are Condo's with a List Price Range of $120,000 - $369,000

Average List Price of $229,333 * Median List Price of $199,000

Of these 3, 1 is Bank Owned & 2 is a Short Sale

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

All 7 are Single Family Homes with List Price Range $253,000 - $2,450,000

Average List Price $1,248,214 * Median List Price $1,300,000

Of these 7, 2 are Bank Owned & 0 are Short Sales

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

11 being Single Family Homes Selling for 93.82% of List Price

List Price Range $195,000 - $895,000 * Selling Price Range $170,000 - $805,000

Average List Price $507,864 * Average Selling Price $476,457

Median List Price $495,000 * Median Selling Price $486,530

Of these 11, 0 were Bank Owned & 2 were Short Sales

1 Condo Sold for 88.77% of List Price

List Price $136,900 & Selling Price of $112,650

This 1 sale was Bank Owned

For quite some time now the Healdsburg/Geyserville market has NOT been as heavily weighted with bank owned/REO's (foreclosed homes) and short sale listings as some other parts of the county. We are now starting to see a few more of the distressed properties hitting the market, similar to what we are seeing in Sebastopol & along the Sonoma Coast areas. As with the rest of the county we see a larger number of short sales in escrow but when it comes to the numbers of listings that actually closed escrow the numbers are heavier on the bank owned/REO side.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com