Petaluma, CA

As of February 8, 2012 52% of available listings in Petaluma are in escrow.

For the month of January 2012 59 homes sold in Petaluma for an average final selling price of $368,470.

The average original asking price of these homes was $404,911.

The range of final selling prices was from a low of $220,000 to a high of $810,000.

Of the 59 homes that sold (37 of which were distress sales) 4 sold at their original asking prices and 11 sold over their original asking prices.

It took these homes an average of 136 days to sell.

To see everything that is currently available for sale through our MLS click here.

To learn more about this area in general search more around this blog, visit my website or contact me directly.

As of January 9, 2012 49% of available listings in Petaluma are in escrow.

For the month of December 2011 54 homes sold in Petaluma (25 of which were distress sales) for an average final selling price of $420, 093.

The average original asking price of these homes was $459,294.

The range of final selling prices was from a low of $141,000 to a high of $1,200,000.

Of the 54 homes that sold 4 sold at their original asking prices and 10 sold over their original asking prices.

It took these homes an average of 126 days to sell.

To see everything that is currently available for sale through our MLS click here.

To learn more about this area feel free to contact me directly.

Petaluma, CA: Real Estate Market Action Report for November 2011

The median sales price in Petaluma, CA has dropped since this time last year and the combination of dramatically low interest rates and comparatively reduced housing prices has a lot of buyers now choosing to make the leap into homeownership. There have been many cases of multiple offers in all price ranges.

Sales

November Property sales were 44, down -6.4% from 47 in November of 2010 and -27.9% lower than the 61 sales last month. November 2011 sales were at a mid level compared to November of 2010 and 2009. November YTD sales of 503 are running 2.7% ahead of last year's year-to-date sales of 490.

Price

The Median Sales Price in November was $335,000, down -26.9% from $458,500 in November of 2010 and down -8.5% from $366,000 last month. The Average Sales Price in November was $380,732, down -26.1% from $515,177 in November of 2010 and down -4.9% from$400,529 last month. November 2011 ASP was at the lowest level compared to November of 2010 and 2009.

Because the Petaluma housing market typically slows heading into the holidays, there is less inventory available, as many sellers choose to wait until the new year to put their home on the market. And because there are a lot of serious buyers out there ready to buy the perfect home, the good ones sell quickly. So, the reality is that now is a fabulous time to sell and buy real estate. The slim inventory creates less competition for sellers and the buyers are ready to snatch up a well turned-out home for the right price.

Please feel free to call or email me with any questions you might have

As of December 9, 2011 44% of available listings in Petaluma are in escrow.

For the month of November 2011 47 homes (20 of which were distress sales) sold for an average final selling price of $362,451.

The average original asking price of these homes was $388,369.

The range of final selling prices was from a low of $110,000 to a high of $872,000.

Of hte 47 homes that sold 5 sold at their original asking prices and 8 sold over their original asking prices.

It took these homes an average of 103 days to sell.

To see everything that is currently available for sale through our MLS click here.

To learn more about this area in general, search more around this blog, visit my website, or contact me directly.

 

 

 

 

The Petaluma lighted boat parade happens once a year, usually the first weekend in December.  It takes place in the turning basin on the Petaluma River near the D street draw bridge.  About 30-40 boats are decorated and people from all over line the banks to watch.

 

 

 

 

 

 

 

 

 

 

After the procession the boats dock and you’re welcome to take a closer look.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The best places to watch the parade is at Graffiti restaurant and the Apple Box on 2^nd street, at Dempsey’s in the Golden Eagle shopping center, and at the River House on Weller Street. 

 

 

 

 

 

 

 

 

 

 

 

 

 

Be prepared to get there an hour or so ahead of time to get a good view and if you’re on Weller most people bring their own tables, chairs, and food; it’s a great time and perfect for families.