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Lynn Bowen, Realtor® EcoGreen Certified Agent

Sonoma County California 1st Quarter 2009 Residential Real Estate Market Statistics

1st Quarter 2009 Sonoma County Market Snapshot

1st Quarter 2009 Market Sales Statistics

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

Windsor, CA Residential Market Sales Statistics February 2009

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

Cotati, Sonoma County CA Sales Statistics for March 2009

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!

Windsor, Sonoma County CA Sales Statistics for March 2009

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!

Rohnert Park, Sonoma County CA March 2009 Residential Market Statistics

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.