Petaluma, CA Real Estate Market Conditions Update for December 2009

As of January 5, 2010 an impressive 57% of available listings in Petaluma, the Chicken Capital, are in escrow.  Of course, many people take their homes off the market for the holidays making inventory shrink and the percentage of homes in escrow rise as a result.

For the month of December 2009 an encouraging 57 homes sold in Petaluma for an average final selling price of $490,457.

The average original asking price of these homes was $502,199.

The range of final selling prices of these homes was from a low of $195,000 to a high of $1,750,000.

Of the 57 homes that sold (28 of which were distress sales) 8 sold at their original asking price and 19 sold over.

It took these homes an average of 95 days to sell. 

To see everything that is currently available for sale on our MLS, click here.

To learn more about this area, visit my website or feel free to contact me directly.

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