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December 16, 2019 – Market Update

Happy Holidays, everyone. Here’s this week’s market update.

EVENTS

Petaluma Art Center Exhibit. I have a client who has a new art piece that just debuted at the Petaluma Arts Center for the exhibition Petaluma to the Playa. The piece is a beautiful ovule, and it is truly spectacular! The exhibit runs through 1/18/20 and features artists who create for Burning Man.

MARKET UPDATE

This time of year, things really start to cool off as far as new listings go, but it’s really a great time to be out there shopping if you’re a buyer. How many other buyers are out there looking at homes on a wet and rainy weekend around the holidays?! Plus, chances are if a home is still on the market at this time that the sellers are pretty motivated to sell. So, if you see something you’re interested in, there’s no time like the present.

Weekly Market Activity

Click the tabs to see what’s going on in your town.

0 — Coming Soon (-1 from last week)

11 — Current Active Listings (-1 from last week)

11 — In-Escrow Listings (-1 from last week)

3 — Sold Listings (+3 from last week)

0% — Average Days on Market (Oct vs Nov)

+.1% — Average Sold Price (Current Quarter, 2018 vs 2019)

0 — Coming Soon (-1 from last week)

30 — Current Active Listings (-5 from last week)

15 — In-Escrow Listings (0 from last week)

2 — Sold Listings (+2 from last week)

-4.4% — Average Days on Market (Oct vs Nov)

11.3% — Average Sold Price (Current Quarter, 2018 vs 2019)

2 — Coming Soon (2 from last week)

61 — Current Active Listings (-11 from last week)

57 — In-Escrow Listings (-3 from last week)

16 — Sold Listings (+10 from last week)

6.1% — Average Days on Market (Oct vs Nov)

-9.6% — Average Sold Price (Current Quarter, 2018 vs 2019)

1 — Coming Soon (1 from last week)

38 — Current Active Listings (-7 from last week)

52 — In-Escrow Listings (-3 from last week)

7 — Sold Listings (+2 from last week)

-1.9% — Average Days on Market (Oct vs Nov)

-1.3% — Average Sold Price (Current Quarter, 2018 vs 2019)

2 — Coming Soon (-4 from last week)

320 — Current Active Listings (-20 from last week)

210 — In-Escrow Listings (0 from last week)

41 — Sold Listings (+16 from last week)

+7.5% — Average Days on Market (Oct vs Nov)

+1% — Average Sold Price (Current Quarter, 2018 vs 2019)

0 — Coming Soon (0 from last week)

35 — Current Active Listings (-1 from last week)

17 — In-Escrow Listings (-1 from last week)

4 — Sold Listings (+3 from last week)

-17.8% — Average Days on Market (Oct vs Nov)

-8.1% — Average Sold Price (Current Quarter, 2018 vs 2019)

1 — Coming Soon (-1 from last week)

89 — Current Active Listings (-7 from last week)

19 — In-Escrow Listings (0 from last week)

3 — Sold Listings (-5 from last week)

+9.2% — Average Days on Market (Oct vs Nov)

-3.6% — Average Sold Price (Current Quarter, 2018 vs 2019)

Sonoma County New Listings Vs. Price Reductions

New

37

Reduced

33

COMING SOON LIST

Below is this week’s Coming Soon List. If any of the properties on the list pique your interest, please let me know so I can get you additional details and ask about an off-market showing.

Note: For privacy reasons, please do not drive by properties on this list. I can assist you if you would like a closer look at any of these properties.

Private Sale
Macklin Drive, Cotati

SFR
4 Bed, 3 Bath, 2400+ SF
$759,900

Private Sale
Weiss Lane, Penngrove

SFR+
See Note
1 acre
$1,250,000

Note: 3BR/2BA main house plus 2 BR/1.5 BA guest house. 1600 SF main house and 600 SF guest house.

Coming Soon
Kresky Way, Petaluma East

SFR
3 Bed, 2 Bath, 1100 SF
$579,000

Note: Kitchen and baths remodeled in last 5 years

Private Sale Until Feb
Palmetto Drive, Petaluma East

SFR
3 Bed, 2 Bath, 1750+ SF
$800,000

Note: Large master used to be a 4BR but converted. Private sale until Spring. Remodeled.

Private Sale
Maria Drive, Petaluma East

SFR+
4 Bed, 3 Bath, 1976 SF
Low $600,000s

Note: Fixer

Coming Soon
Lincoln Lane, Petaluma East

SFR
4 Bed, 2 Bath, 1882SF
$575,000

Note: Fixer

Coming Soon
Debra Drive, Petaluma East

SFR
3 Bed, 2 Bath, 1092+ SF
$589,000

Note: Large master used to be a 4BR but converted. Private sale until Spring. Remodeled.

Coming Soon
Webster Street, Petaluma West

SFR
1800 SF
$875,000

Coming Soon
7th Street, Petaluma West

SFR
2 Bed, 2 Bath
$849,000

Note: West Side Bungalow

Private Sale
Keller Street, Petaluma West

CONDO
2 Bed, 3 Bath
$799,000

Note: Off-market listing in Sweed School

Coming Soon
Betty Court, Petaluma West

SFR
4 bed, 2 bath, 1260 SF
$TBD

Note: Very cute with great backyard and pool. Mid-town Petaluma.

Coming Soon
Round Court, Petaluma West

SFR
$1,200,000

Coming Jan. 20
Shady Oak Drive, Santa Rosa NE

SFR
3 Bed, 1 Bath, 1300 SF
$529,000

Note: Remodeled bathroom, updated appliances

Private Sale
Julie Court, Santa Rosa NW

DUPLEX
3/1 & 2/1, 1800 SF
$550,000

Note: Estimated rents about $390/month

Coming Soon
Ripley Street, Santa Rosa NW

MULTI
See notes
Upper $600,000s

Notes: Zoned for 2 units. Lower unit unfinished. Upper unit 2 bed, 2 bath.

Coming Soon
Moorland Avenue, Santa Rosa SW

SFR
2 Bed, 1 Bath, .93 acre
$550,000

Note: Contractor’s Special!

Coming Soon
Fiori Lane, Sebastopol

MULTI
$2,875,000

Note: Fabulous family compound, art barn, horse setup & arena. 3000 SF, 1800 SF, and 700 SF units

Coming mid-January
Fredricks Road, Sebastopol

SFR
3 Bed, 2 Bath, 1652 SF, 1+ acre
$849,000

Notes: Available now at this price. Will do remodel if not sold prior. Single level with usable acreage.

Coming Soon
Schaeffer Road, Sebastopol

SFR
3 Bed, 2 Bath, 2200 SF
$850,000-ish

Note: Single level. Private road.

Available now
Mitchell Court, Sebastopol

SFR+
4 Bed, 3 Bath, 3600 SF
$1,149,000

Note: 2 bedrooms have been converted legally into a granny unit with separate entrance

Coming Soon
Grove Street, Sonoma

MULTI
2 Bed, 1 Bath + Studio
$650,000-ish

Notes: 2 bed/1 bath and detached studio.

Coming Soon
Johns Street, Valley Ford

SFR
2 Bed, 2 Bath
$679,000

Note: Private Location

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