Petaluma, CA Real Estate Market Conditions Update for September 2008

As of October 6, 2008 39% of available listings in Petaluma are in escrow.

For the month of September 2008 52 homes sold in Petaluma for an average final selling price of $464,644.

The average original asking price of these homes was $500,669.

The range of final selling prices was from a low of $247,500 to a high of $1,020,000.

It took these homes an average of 95 days to sell.

Of the 52 homes that sold 1 sold at the original asking price and an impressive 17 sold over the asking price.

Of those same 52 homes, 36 were distress sales.

For more information about this area visit my website or contact me directly.

Photo Courtesy of LoopNet

Categories: Buying?, Distress Sales, estates, home sales, homes for sale, luxury homes, Northern California, number of homes sold, Real Estate, San Francisco Bay Area, Selling?, Statistics, Uncategorized, vacation homesTags: , , , , , , , , , , , , , , ,

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s