Petaluma, CA Real Estate Market Conditions Update for October 2008

As of November 6, 2008 an encouraging 38% of avaialble listings in Petaluma are in escrow.

For the month of October 2008 77 homes sold in Petaluma for an average final selling price of $489,077.

The average original asking price of these homes was $557,472.

The range of final selling prices was from a low of $165,000 to a high of $2,200,000.

Of the 77 homes that sold 2 sold at their original asking price and an impressive 16 sold over their original asking price–and 41 were distress sales.

It took these homes an average of 138 days to sell.

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

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

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

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