As of January 13, 2009 an encouraging 29% of available listings in Petaluma are in escrow.
For the month of December 2008 45 homes sold for an average final selling price of $432,537.
The average original asking price of these homes was $467,226.
The range of final selling prices was from a low of $223,000 to a high of $1,020,000.
Of the 45 homes that sold 3 sold at their original asking price and 11 sold for more than their original asking price.
24 of the 45 homes that sold were distress sales.
It took these 45 homes an average of 98 days to sell.
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Kelley Eling, Realtor 