Petaluma Annual Real Estate Trends

Petaluma
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $266,640 $239,000 913 57 99.0%      
1999 $307,417 $279,000 831 47 98.8% 15.3% 16.7% -9.0%
2000 $394,948 $350,900 767 44 100.0% 28.5% 25.8% -7.7%
2001 $440,309 $389,900 629 66 98.2% 11.5% 11.1% -18.0%
2002 $463,437 $421,475 822 65 98.8% 5.3% 8.1% 30.7%
2003 $514,205 $469,250 814 58 99.1% 11.0% 11.3% -1.0%
2004 $582,088 $540,000 753 56 100.1% 13.2% 15.1% -7.5%
2005 $676,364 $630,000 785 50 100.5% 16.2% 16.7% 4.2%
2006 $681,169 $625,000 577 76 98.5% 0.7% -0.8% -26.5%
2007 $646,823 $595,000 453 97 97.0% -5.0% -4.8% -21.5%

Petaluma
(Condos & Town Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $179,497 $184,000 67 60 99.8%      
1999 $172,779 $166,750 36 53 98.4% -3.7% -9.4% -46.3%
2000 $239,667 $250,000 28 20 101.6% 38.7% 49.9% -22.2%
2001 $276,906 $285,000 30 57 99.6% 15.5% 14.0% 7.1%
2002 $287,645 $295,000 61 53 99.8% 3.9% 3.5% 103.3%
2003 $326,173 $333,250 76 48 100.6% 13.4% 13.0% 24.6%
2004 $398,381 $410,000 70 44 100.7% 22.1% 23.0% -7.9%
2005 $440,764 $435,000 59 38 101.3% 10.6% 6.1% -15.7%
2006 $428,800 $440,500 50 64 99.7% -2.7% 1.3% -15.3%
2007 $394,948 $425,750 58 80 99.2% -7.9% -3.3% 16.0%

DEFINITIONS

Median Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Average Price
Average Price is the sum of all prices divided by the number of sales.
DOM
Average Days on Market is the average time it took to sell all properties.
SP/LP
The average selling price divided by the average list price.

This page is copyrighted by http://rereport.com. All rights are reserved.

Based on information from BAREIS for the period January, 1998 through September, 2007.