As of December 6, 2008 34% of available listings in Petaluma are in escrow.
For the month of November 2008 50 homes sold in Peataluma for an average final selling price of $466,698.
The average original asking price of these homes was $520,517.
The range of final selling prices was from a low of $270,000 to a high of $3,200,000.
It took these homes an average of 127 days to sell.
Of the 50 homes that sold 3 sold at their original asking price and an impressive 15 sold for more than their original asking price. 36 out of the 50 were distress sales.