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1st Quarter 2009 Sonoma County Market Snapshot
1st Quarter 2009 Market Sales Statistics |
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| Market Area | Total | Average | Average | % Of | Average Days |
| Homes Sold | List Price | Sales Price | List Price | On Market | |
| Sebastopol / Occidental | 35 | $612,084 | $576,909 | 94.25% | 108 |
| Coastal Sonoma | 14 | $809,050 | $766,250 | 94.71% | 183 |
| Santa Rosa-NW | 234 | $248,039 | $246,601 | 99.42% | 102 |
| Santa Rosa-NE | 114 | $451,486 | $429,419 | 95.11% | 132 |
| Santa Rosa-SW | 148 | $255,261 | $254,229 | 99.60% | 98 |
| Santa Rosa-SE | 92 | $341,257 | $327,243 | 95.89% | 105 |
| Oakmont | 23 | $461,923 | $442,209 | 95.73% | 109 |
| Healdsburg / Geyserville | 23 | $821,075 | $728,465 | 88.72% | 146 |
| Windsor | 84 | $391,093 | $376,159 | 96.18% | 110 |
| Russian River | 29 | $304,964 | $284,838 | 93.40% | 115 |
| Petaluma-East | 80 | $370,782 | $365,751 | 98.64% | 98 |
| Petaluma-West | 35 | $469,504 | $448,926 | 95.62% | 108 |
| Cotati / Rohnert Park | 128 | $268,756 | $262,296 | 97.60% | 99 |
| Penngrove | 3 | $999,833 | $905,000 | 90.52% | 151 |
| Sonoma | 84 | $441,418 | $413,437 | 93.66% | 97 |
| Cloverdale | 30 | $261,437 | $245,751 | 94% | 105 |
| Timber Cove | 2 | $429,500 | $337,500 | 78.58% | 313 |
| Annapolis | 0 | ||||
| Sea Ranch | 9 | $915,544 | $848,444 | 92.67% | 170 |
| County Summary | 1167 | $360,031 | $345,987 | 96.10% | 108 |
| Pict Pict | Pict | ||||
| Cummulative Value | $403,766,784 | Pict | |||
| 1st Quarter 2009 Bank Owned Sales Statistics | |||||
| Market Area | Bank Owned | Average | Average | % Of | Average Days |
| Homes Sold | List Price | Sales Price | List Price | On Market | |
| Sebastopol / Occidental | 10 | $463,220 | $431,380 | 93.13% | 107 |
| Coastal Sonoma | 3 | $651,900 | $622,333 | 95.46% | 74 |
| Santa Rosa-NW | 164 | $218,535 | $220,813 | 101.04% | 78 |
| Santa Rosa-NE | 52 | $348,409 | $330,929 | 94.98% | 105 |
| Santa Rosa-SW | 102 | $241,689 | $243,722 | 100.84% | 73 |
| Santa Rosa-SE | 47 | $238,031 | $229,576 | 96.45% | 91 |
| Oakmont | 1 | $349,900 | $310,000 | 88.60% | 104 |
| Healdsburg / Geyserville | 8 | $371,778 | $365,588 | 98.33% | 81 |
| Windsor | 57 | $346,257 | $339,218 | 97.97% | 81 |
| Russian River | 19 | $257,587 | $242,621 | 94.19% | 101 |
| Petaluma-East | 49 | $336,571 | $333,385 | 99.05% | 68 |
| Petaluma-West | 13 | $310,569 | $309,646 | 99.70% | 76 |
| Cotati / Rohnert Park | 93 | $258,435 | $253,433 | 98.06% | 80 |
| Penngrove | 0 | ||||
| Sonoma | 35 | $293,521 | $277,497 | 94.54% | 82 |
| Cloverdale | 16 | $227,304 | $214,658 | 94.44% | 91 |
| Timber Cove | 0 | ||||
| Annapolis | 0 | ||||
| Sea Ranch | 1 | $484,900 | $457,000 | 94.25% | 212 |
| County Summary | 670 | $273,580 | $268,607 | 98.18% | 82 |
| Cummulative Value | $179,966,575 | ||||
| 1st Quarter 2009 Short Sale Sales Statistics | |||||
| Market Area | Short Sale | Average | Average | % Of | Average Days |
| Homes Sold | List Price | Sales Price | List Price | On Market | |
| Sebastopol / Occidental | 3 | $653,333 | $653,667 | 100.05% | 160 |
| Coastal Sonoma | 0 | ||||
| Santa Rosa-NW | 39 | $238,574 | $235,553 | 98.73% | 203 |
| Santa Rosa-NE | 16 | $436,366 | $432,038 | 99.01% | 195 |
| Santa Rosa-SW | 26 | $266,479 | $261,704 | 98.21% | 167 |
| Santa Rosa-SE | 16 | $287,294 | $282,869 | 98.46% | 192 |
| Oakmont | 0 | ||||
| Healdsburg / Geyserville | 5 | $453,800 | $430,000 | 94.76% | 190 |
| Windsor | 13 | $408,646 | $386,800 | 94.65% | 195 |
| Russian River | 2 | $354,500 | $354,750 | 100.07% | 134 |
| Petaluma-East | 14 | $371,207 | $364,586 | 98.22% | 216 |
| Petaluma-West | 3 | $406,167 | $346,667 | 85.35% | 150 |
| Cotati / Rohnert Park | 19 | $275,705 | $267,847 | 97.15% | 204 |
| Penngrove | 2 | $1,075,000 | $982,500 | 91.40% | 192 |
| Sonoma | 11 | $453,286 | $433,909 | 95.73% | 183 |
| Cloverdale | 7 | $239,114 | $231,429 | 96.79% | 119 |
| Timber Cove | 0 | ||||
| Annapolis | 0 | ||||
| Sea Ranch | 0 | ||||
| County Summary | 176 | $332,531 | $323,123 | 97.17% | 189 |
| Cummulative Value | $56,869,570 | ||||
| Current Residential Market Listings | |||||
| Market Area | Total Listed | Average | Total Bank | Total Short | |
| As of April 25th | List Price | Owned Listed | Sales Listed | ||
| Sebastopol / Occidental | 156 | $838,808 | 17 | 20 | |
| Coastal Sonoma | 45 | $830,210 | 4 | 5 | |
| Santa Rosa-NW | 367 | $310,461 | 81 | 182 | |
| Santa Rosa-NE | 347 | $823,433 | 45 | 104 | |
| Santa Rosa-SW | 231 | $277,017 | 75 | 114 | |
| Santa Rosa-SE | 200 | $541,172 | 38 | 82 | |
| Oakmont | 70 | $463,864 | 2 | 0 | |
| Healdsburg / Geyserville | 139 | $1,178,425 | 5 | 17 | |
| Windsor | 171 | $454,035 | 41 | 77 | |
| Russian River | 138 | $425,053 | 30 | 22 | |
| Petaluma-East | 144 | $594,340 | 26 | 65 | |
| Petaluma-West | 142 | $819,498 | 9 | 37 | |
| Cotati / Rohnert Park | 213 | $283,328 | 61 | 105 | |
| Penngrove | 29 | $1,016,776 | 2 | 4 | |
| Sonoma | 318 | $1,082,543 | 31 | 65 | |
| Cloverdale | 104 | $607,899 | 30 | 36 | |
| Timber Cove | 6 | $690,667 | 0 | 1 | |
| Annapolis | 3 | $402,373 | 0 | 0 | |
| Sea Ranch | 55 | $930,170 | 3 | 1 | |
| County Summary | 2878 | $635,319 | 500 | 937 | |
| Cummulative Value | $1,828,447,574 | $139,635,922 | $317,411,436 | ||
Statistics from BARIES MLS Information herein believed reliable but not guaranteed
I hope these statistics are helpful to those looking for this type of information. Feel free to contact me with any questions or comments.
Lynn Bowen
Domaine Real Estate
Lynn@DomaineRE.com 707-695-3814
It was brought to my attention that I had not posted February 2009 Sales Statistics for Windsor CA.
For anyone else wondering what sold in the residential real estate market in Windsor during February here you go.
27 Listings Sold i.e. Closed Escrow During the month of February 2009:
List Price Range $175,400 - $749,000 * Selling Price Range $172,000 - $675,000
Total sales volume = $9,838,800
Average List Price $378,348 * Average Selling Price $364,400
Median List Price $339,900 * Median Selling price $335,000
Of these 27 listings, 18 were Bank Owned & 4 were Short Sales
I will be posting 1st qtr 2009 stats later this evening for the county broken down by area.
Hope everyone is enjoying the beautiful spring weather.
Lynn
Interested in current statistics of the Cotati California Real Estate market? Following are the stats for the March 2009 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes as well as Condos & Farms/Ranches.
As of Today April 17, 2009 Cotati CA currently has the following:
42 Active Listings:
List Price Range $109,900 - $1,499,000
Average List Price $389,990
Median List Price $302,500
Of these 42 listings, 10 are Bank Owned aka REO or Foreclosed properties & 17 are Short Sales
18 Listings In Escrow in "Contingent" status:
List Price Range $109,900 - $599,000
Average List Price $279,033
Median List Price $252,450
Of these 18, 5 are Bank Owned & 9 are Short Sales
5 Listings In Escrow in the "Pending" status i.e. All Contingencies have been removed:
List Price Range $159,000 - $305,000
Average List Price $245,580
Median List Price $249,900
Of these 5, 2 are Bank Owned & 2 are Short Sales
8 Listings Sold i.e. Closed Escrow During the month of March 2009:
List Price Range $179,000 - $649,900 * Selling Price Range $175,000 - $610,000
Average List Price $405,392 * Average Selling Price $383,013
Median List Price $362,475 * Median Selling price $324,550
Of these 8 listings, 3 were Bank Owned & 2 were Short Sales
Cotati is a small town with far fewer available listings then it's neighbors of Rohnert Park, Petaluma & Santa Rosa. There are also far fewer Condo's in Cotati's market to skew the numbers.
Have I Missed An Important Piece of Information You Were Hoping To Find? If so please let me know as I'm happy to use another set of criteria for a particular need.
Please come back mid May for April stats.
Happy House Hunting!
Interested in current statistics of the Windsor California Real Estate market? Following are the stats for the March 2009 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes as well as Condos & Farms/Ranches.
As of Today April 17, 2009 Windsor CA currently has the following:
180 Active Listings:
List Price Range $134,000 - $4,900,000
Average List Price $446,078
Median List Price $357,000
Of these 180 listings, 47 are Bank Owned aka REO or Foreclosed properties & 81 are Short Sales
87 Listings In Escrow in "Contingent" status:
List Price Range $134,000 - $1,395,000
Average List Price $345,939
Median List Price $325,000
Of these 87, 28 are Bank Owned & 50 are Short Sales
19 Listings In Escrow in the "Pending" status i.e. All Contingencies have been removed:
List Price Range $179,000 - $1,599,000
Average List Price $388,778
Median List Price $350,000
Of these 19, 10 are Bank Owned & 5 are Short Sales
34 Listings Sold i.e. Closed Escrow During the month of March 2009:
List Price Range $135,920 - $885,000 * Selling Price Range $120,000 - $790,000
Average List Price $389,402 * Average Selling Price $374,773
Median List Price $367,000 * Median Selling price $355,000
Of these 34 listings, 23 were Bank Owned & 6 were Short Sales
Windsor has been following suit with much of the rest of Sonoma County, (other then Sebastopol, Bodega Bay & Healdsburg) with being heavily saturated with bank owned (foreclosed homes) and short sale listings. There are usually be a larger number of short sales in escrow but a much lower number ending in closed sales. The numbers dramatically change with the bank owned/REO listings in that the majority in escrow will close.
It is not uncommon for well priced Windsor listings to generate multiple offers and sometimes selling for above the list price.
What Do All The Numbers Mean?
Considering the current available volume of 180 active listings consistently selling at approximately 31 per month, Windsor has just under 6 months of inventory. If I break these numbers out further, we have 3 month inventory of Bank Owned homes and a 16 month inventory of Short Sales listings. The available inventory overall has reduced itself as well as the Bank Owned inventory and the Short Sale inventory has increased by several months worth in the past couple of months.
Have I Missed An Important Piece of Information You Were Hoping To Find?
Upon Request I am happy to further drill down these stats to specific Windsor neighborhoods.
Please come back mid May for April stats.
Happy House Hunting!
Interested in what's selling in the Rohnert Park California Real Estate market and for what price? Following are the stats for the March 2009 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes as well as Condos & Farms/Ranches.
As of Today April 17, 2009 Rohnert Park CA currently has the following:
160 Active Listings:
List Price Range $85,500 - $589,000
Average List Price $251,203
Median List Price $231,450
Of these 160 listings, 50 are Bank Owned aka REO or Foreclosed properties & 85 are Short Sales
89 Listings In Escrow in "Contingent" status:
List Price Range $85,5000 - $550,000
Average List Price $243,066
Median List Price $229,000
Of these 89, 19 are Bank Owned & 57 are Short Sales
23 Listings In Escrow in the "Pending" status i.e. All Contingencies have been removed:
List Price Range $99,000 - $439,900
Average List Price $285,326
Median List Price $241,748
Of these 23, 15 are Bank Owned & 9 are Short Sales
35 Listings Sold i.e. Closed Escrow During the month of March 2009:
List Price Range $94,620 - $475,000 * Selling Price Range $70,000 - $450,000
Average List Price $259,223 * Average Selling Price $252,387
Median List Price $254,900 * Median Selling price $250,000
Of these 35 listings, 24 were Bank Owned & 5 were Short Sales
Rohnert Park follows suit with a good amount of the rest of Sonoma County with being heavily saturated with bank owned (foreclosed homes) and short sale listings. Often there will be a larger number of short sales that go in to escrow but in the end they do not always end up as closed sales. The bank owned/REO's are generally much more likely to end with a finalized sale. The Short Sales that do close escrow and transfer title to a new owner can take several months to do so from the date that the original offer was written.
It is not uncommon for well priced Rohnert Park listings to generate multiple offers and can end up selling for above the current list price.
What Do All The Numbers Mean?
With the currently available 160 listings and sales consistently closing approximately 40 listings a month, Rohnert Park has an Absorption Rate of 4 months of inventory which is down by 1 month since mid February. If I break these numbers out further, we have a 2 month inventory of Bank Owned homes (also down by 1 ¼ months) and a 13 1/2 month inventory of Short Sales which is dramatically up by 5 months). All in all this is showing us that the available inventory as a whole & in the Bank Owned market is decreasing but in the short sale market the inventory has grown significantly.
Have I Missed An Important Piece of Information You Were Hoping To Find?
Upon Request I am happy to further drill down these stats to more specific Rohnert Park neighborhoods or other areas of the county..
Please come back mid month May for April market stats.
Happy Trails.
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