Petaluma, CA Real Estate Market Conditions Update for February 2009

As of March 6, 2009 36% of available listings in Petaluma are in escrow.

For the month of February 2009 25 homes sold in Petaluma for an average final selling price of $380,027.

NOTE:  A whopping 20 of the 25 homes that sold were distress sales.

The average original asking price for these homes was $408,036.

The range of final selling prices was from a low of $205,000 to a high of $1,100,000. (Only 1 property sold for over a million, everything else was $485,000 or less.)

Of the 25 homes that sold 2 sold for their original asking price and 8 sold for more than the original asking price.

It took these homes an average of 101 days to sell.

To see what Petaluma’s past sales history looks like, click here.

To see everything that is currently for sale in Petaluma, click here.

To learn more about the area visit my website, or contact me directly.


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