For those interested in the current market statistics for Sebastopo CA following is a synopsis of our December 2008 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches.
As of Today January 11, 2009 Sebastopol currently has:
Active & Available Listings: 67
List Price Range $242,000 - $1,995,000
Average List Price $794,802
Median List Price $725,000
Of these 67, 7 are Bank Owned aka REO or Foreclosure properties & 4 are Short Sales
In Escrow in "Contingent" status: 12
List Price Range $235,000 - $2,050,000
Average List Price $703,158
Of these 12, 1 is Bank Owned & 5 are Short Sales
In Escrow in the "Pending" status i.e. All Contingencies have been removed: 6
List Price Range $364,900 - $899,500
Average List Price $638,475
Of these 6, 2 are Bank Owned & 0 are Short Sales
Sold i.e. Closed Escrow During the month of December 2008: 8
List Price Range $359,000 - 1,595,000 * Selling Price Range $368,000 - $1,400,000
Average List Price $727,000 * Average Selling Price $683,813
Of these 8, 1 was Bank Owned & 1 was a Short Sale
Here is Sebastopol we do not have the numbers of bank owned or short sale listings that we see in some of the other communities within Sonoma County. Bodega Bay & Healdsburg are two other locations that follow suit. I will put together stats for the rest of the county and post them to my blog in the near future.
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