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.
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Photo Courtesy of LoopNet