Lynn's Blog

Short Sales May Be Easier To Manage in The Near Future!!

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 21:09:56 -0500

Yeah, I'm so excited, I sure hope this really can happen!

I just read an article that ran May 22^nd regarding how some of the big banks such as Bank of America and Wells Fargo, are working on making it easier to work with short sale situations. The Obama administration last week unveiled a strategy to promote short sales as well.

With the number of short sale listings growing at an unprecedented rate, hearing that some of the big banks and the president have plans in the works to streamline the process is music to my ears. I'm sure many a short sale home seller as well as buyers trying to purchase these homes and their Realtors assisting them thru the process will be thrilled as well.

Short Sales should be more advantageous to both the lenders and the homeowners if they can actually happen. For the lender, one would think it less costly than having to repossess, market and maintain a vacant property. Often in the past I have wondered why the lenders had not already figured out ways to streamline the process as it seemed so counter productive. Because of the complexity of these transactions -- including the need for approval of a sales price by lenders, investors and mortgage insurers -- the sales often fall apart. Many times by the time the sellers get an answer from the bank on an offer, their potential buyer has lost interest and gone elsewhere buying a home that is easier to buy.

From what I read, Bank of America, the nation's largest mortgage servicer, states that more than 60 percent of approved short sales do not close, which is why the bank wants to streamline the process.

In the past, the bank did not begin the lengthy process of qualifying a borrower for a short sale until it had received a purchase offer. To expedite these short sales, Bank of America has enlarged and updated staff training and set up a phone line dedicated to short sales that borrowers and their agents can use. In the near future there will be a Web portal that will accept qualifying documentation from clients wishing to do short sales.

Currently it typically takes 45 to 60 days for the bank to tell a client if a short sale offer can be accepted, and up to 90 days if an investor must approve it. Bank of America's goal is to shorten the wait to a week. When that time comes we all will be singing praises to B of A.

Short sales will also benefit from President Obama's an amendment to the Making Home's Affordable program. Last week it was announced that standardize short sale application and acceptance forms will be implemented. It also provides monetary incentives to servicers and may help cover relocation expense for homeowners.

Wells Fargo Home Mortgage, has indicated that their bank has been working many months to reduce delays in the short sale process. The bank is working closely with borrowers' agents to increase the likelihood that the listing prices on a short sale will be accepted.

The lending and real estate industries have certainly been on a crash course in short sales since the housing market bust. The biggest challenge has been not understanding the process, Now that many of us have had some experience with the process and with some of the banks attempting to streamline it I think we might just see that lite at the end of the tunnel in the near future. Let's all hope that that is the case. There are some excellent opportunities for buyers if we can just figure out how to get these transactions to close more quickly.

I for one am very much looking forward to what transpires down the road.

Lynn Bowen

Domaine Real Estate - Sebastopol CA

Lynn@DomaineRE.com 707-695-3814

www.LynnBowenRealEstate.com

Favorite Sebastopol and Surrounding Parts Food & Pampering Spots

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 20:24:08 -0500

I've been thinking about all the great little spots and holes in the walls we have around here and thought I'd help spread the word about these little gems. Some of my favorites and in no particular order are:

Mimi's Ice Cream in downtown Sebastopol on the corner of Bodega Hwy (hwy 12) and Petaluma Ave (Hwy 116) across from what used to be the Chevy dealership. If you are ever in town this is a must if you love good homemade natural ice cream. And, if you are a chocoholic like myself as well as a caffeine addict then Mimi's Mudd is the flavor to try. The smell of freshly baked waffle cones permeates the air. Once you've been to Mimi's it WILL be a favorite.

Sushi Tozai also in Sebastopol on Healdsburg Ave and lucky for me it's right down the street from my office!!! Some of the best Sushi I have ever eaten. Always very fresh fish and an extremely large menu. The Prawns Martini are to die for. YUM!

Pasta Bella - Sebastopol for a large assortment of scrumptuous salads, sandwiches and pasta concoctions. Always fresh and flavorful. For the gluten free folks they serve gluten free pastas! My favorite there is the grilled portabella mushroom sandwich I think it's called the E Germone.

Osmosis Enzyme Baths in beautiful Freestone Valley just west of Sebastopol on the way to Bodega Bay. Time spent at Osmosis is heavenly and oh so worth it. The japanese mediation gardens are spectacular as well. Treat yourself to something special the next time you are out this way and book an enzyme bath and massage. You will thank yourself.

And while in Freestone be sure to stop by The Wild Flower Brick Oven Bakery. They have THE BEST freshly baked whole grain breads. Weekends offer the gigantic (almost too big) sticky bun/cinnamon rolls that are killer. My favorite breads there are the Fugase (sp?) and the Goat Flat. I usually have to buy 2 in order to get 1 whole one home.

If you like Clam Chowder then another must visit is the Spud Point Crab Co. They are across from the marina on your way out to Bodega Head. It's a tiny little place with a small menu of white & red clam chowder, crab cakes, crab sandwiche, crab cocktail and hot dogs. There might be more but I pretty much eat the clam chowders and the crab stuff. Everything is home made with wonderful flavoring almost has a cajun flair to the recipes. They have to be the nicest people in the world there as well. One note, do NOT plan to go on a Wednesday as they are closed. I did that once and was very disappointed.

Willowood in Graton is my final gem I'll talk about today. It's the best, a must visit for an excellent line up of healthy and fresh local favorites.

Let me know about your Favorite Sonoma County Spots.

Lynn

Lynn@DomaineRE.com

707-695-38147

Some of My West Sonoma County Favorite Spots

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 20:17:15 -0500

Willowood in Graton is my final gem I'll talk about today. It's the best, a must visit for an excellent line up of healthy and fresh local favorites.

Let me know about your Favorite Sonoma County Spots.

Lynn

Lynn@DomaineRE.com

707-695-38147

Petaluma, Sonoma County CA April 2009 Real Estate Market Snapshot

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 19:38:57 -0500

Petaluma, Sonoma County CA April 2009 Residential Property Market Snapshot

Are you interested in current market statistics & conditions for the Petaluma Market Area of Northern California Real Estate? Following are the stats for the April 2009 market as well as what is currently (as of May 24) listed in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches. This month I am changing this up a bit by dividing out the detached single family homes from the condo market.

As of Today May 24, 2009 the Petaluma CA Market Area has:

284 MLS Listed Properties:

262 Are Single Family Home with List Price Range of $175,000 - $14,000,000

Average List Price $738,785 * Median List Price $499,900

23 are Bank Owned aka REO/Foreclosed properties & 88 are Short Sales

22 Are Condo Listings with a List Price Range of $198,000 - $529,900

Average List Price of $318,108 * Median List Price of $287,000

2 are Bank Owned aka REO/Foreclosed properties & 10 are Short Sales

120 of the Listings Are In Escrow in "Contingent" status

108 being Single Family Homes List Price Range $179,900 - $895,000

Average List Price $421,215 * Median List Price $399,000

Of these 108, 14 are Bank Owned & 63 are Short Sales

12 are Condo's with a List Price Range of $199,000 - $380,000

Average List Price of $271,738 * Median List Price of $264,975

Of these 12, 2 are Bank Owned & 9 are Short Sales

27 of the Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed

All 27 are Single Family Homes List Price Range $182,162 - $1,250,000

Average List Price $447,932 * Median List Price $399,000

Of these 27, 6 are Bank Owned & 10 are Short Sales

51 Listings Sold i.e. Closed Escrow During the month of April 2009:

50 being Single Family Homes Selling for 99.99% of List Price

List Price Range $215,000 - $5,000,000 * Selling Price Range $220,000 - $3,800,000

Average List Price $508,699 * Average Selling Price $482,390

Median List Price $383,938 * Median Selling Price $391,000

Of these 50, 21 were Bank Owned & 9 were Short Sales

1 Was a Condo That Sold for 92.80% of List Price

List Price $242,450 - Selling Price of $225,000

This sale was neither Bank Owned or a Short Sale as it was a traditional old fashioned real estate transaction!

For quite some time now the Petaluma market has been heavily weighted with bank owned/REO's (foreclosed homes) and short sale listings. Petaluma is following suit with a majority of the rest of the county having a larger number of short sales in escrow but when it comes to numbers closed escrows the numbers turn around with more Bank Owned listings closing.

Considering the current volume of listings and that we have consistently sold approx 52 listings a month, Petaluma has a 5.5 month inventory. I'll break these numbers out further, we have just over a 1 month inventory of Bank Owned homes and a 10.5 month inventory of Short Sales.

Upon Request I am happy to adjust these stats to a more specific neighborhood within Petaluma or to your own criteria such as certain number of bedrooms and baths or single level to name a few.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com

Cloverdale, Sonoma County CA April 2009 Real Estate Market Snapshot

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 18:55:26 -0500

Cloverdale, Sonoma County CA April 2009 Market Snapshot

Cloverdale, Sonoma County CA April 2009 Residential Property Market Snapshot

Following are sales stats for the April 2009 Cloverdale area as well as what is currently (as of May 24) available in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches. This month I am changing this up a bit by dividing out the detached single family homes from the condo market.

As of Today May 24, 2009 Cloverdale CA has:

100 MLS Listed Properties:

95 Are Single Family Homes with a List Price Range of $119,900 - $6,000,000

Average List Price $678,715 * Median List Price $361,000

24 are Bank Owned aka REO/Foreclosed properties & 34 are Short Sales

5 Are Condo Listings with a List Price Range of $99,750 - $169,900

Average List Price of $117,830 * Median List Price of $109,500

1 is Bank Owned aka REO/Foreclosed properties & 3 are Short Sales

43 of the Listings Are In Escrow in "Contingent" status

41 being Single Family Homes List Price Range $138,900 - $799,000

Average List Price $305,150 * Median List Price $285,000

Of these 41, 13 are Bank Owned & 23 are Short Sales

2 are Condo's with a List Price Range of $109,500 - $110,000

Average List Price of $109,750 * Median List Price of $109,750

Of these 2, 0 are Bank Owned & 2 are Short Sales

5 of the Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed

4 are Single Family Homes List Price Range $141,900 - $319,000

Average List Price $223,625 * Median List Price $216,800

Of these 4, 3 are Bank Owned & 0 are Short Sales

1 is a Condo with a List Price Range of $99,750

This Condo is neither Bank Owned nor a Short Sale

20 Listings Sold i.e. Closed Escrow During the month of April 2009:

19 being Single Family Homes Selling for 96.98% of List Price

List Price Range $139,900 - $439,900 * Selling Price Range $148,500 - $420,000

Average List Price $259,582 * Average Selling Price $251,753

Median List Price $239,900 * Median Selling Price $220,000

Of the 19, 16 were Bank Owned & 0 were Short Sales

1 Was a Condo That Sold for 100% of List Price

List Price $109,900 & Selling Price of $109,900

This listing was Bank Owned

Upon Request I am happy to adjust these stats to a more specific neighborhood within Cloverdale or your own criteria such as certain number of bedrooms and bath or single level only to name a few.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com

Rohnert Park & Cotati, Sonoma County CA April 2009 Market Snapshot

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 15:56:47 -0500

Rohnert Park & Cotati, Sonoma County CA April 2009 Market Snapshot

My current monthly market statistics & conditions report for the Rohnert Park & Cotati Market Area of Northern California Real Estate follows. This report includes sales stats for April 2009 as well as what is currently (as of May 24) listed in the Rohnert Park & Cotati residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches. This month I am changing this up a bit by dividing out the detached single family homes from the condo market.

As of Today May 24, 2009 the Rohnert Park/Cotati CA Market Area has:

191 Listings:

115 Are Single Family Home with List Price Range of $159,900 - $1,499,000

Average List Price $382,929 * Median List Price $349,900

21 are Bank Owned aka REO/Foreclosed properties & 62 are Short Sales

76 Are Condo Listings with a List Price Range of $94,500 - $334,900

Average List Price of $164,594 * Median List Price of $158,500

24 are Bank Owned aka REO/Foreclosed properties & 42 are Short Sales

110 of the Listings Are In Escrow in "Contingent" status:

66 being Single Family Homes List Price Range $199,000 - $639,950

Average List Price $329,811 * Median List Price $322,000

Of these 66, 8 are Bank Owned & are Short Sales 48

44 are Condo's with a List Price Range of $94,500 - $334,900

Average List Price of $158,173 * Median List Price of $158,500

Of these 44, 9 are Bank Owned & 32 are Short Sales

28 of the Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed

19 are Single Family Homes List Price Range $199,900 - $465,000

Average List Price $ 330,337 * Median List Price $ 309,900

Of these 19, 9 are Bank Owned & 6 are Short Sales

9 are Condo's with a List Price Range of $104,900 - $284,500

Average List Price of $163,000 * Median List Price of $149,000

Of these 9, 3 are Bank Owned & 2 are Short Sales

48 Listings Sold i.e. Closed Escrow During the month of April 2009:

31 being Single Family Homes Selling for 98.46% of List Price

List Price Range $129,900 - $599,000 * Selling Price Range $135,000 - $562,500

Average List Price $320,332 * Average Selling Price $315,401

Median List Price $320,000 * Median Selling Price $305,000

Of these 31, 15 were Bank Owned & 8 were Short Sales

17 Were Condo's That Sold for 96.02% of List Price

List Price $85,500 - $225,000 & Selling Price of $85,500 - $206,000

Average List Price $160,200 * Average Selling Price $153,831

Median List Price $160,000 * Median Selling Price $150,000

Of the 17, 8 were Bank Owned & 8 were Short Sales

For quite some time now the Rohnert Park/Cotati market has been heavily weighted with bank owned/REO's (foreclosed homes) and short sale listings. This market isfollowing suit with a majority of the rest of the county having be a larger number of short sales in escrow but the numbers generally turn around when we count the closed escrows. Since the Bank Owned inventory has been bought up and not as many coming on the market we are seeing a higher percentage of available short sale listings. We believe that the trend of a heavy short sale market will continue but that we should start to see a bit more inventory of Bank Owned listings coming on the market in the not too distant future.

What Does All This Mean?

Currently we have 191 listings, we have been consistently selling approx 48 listings a month, at this rate Rohnert Park/Cotati has about 4 months of inventory. As we break these numbers out further, we have about a 1.6 month inventory of Bank Owned homes and a 13 month inventory of Short Sales.

Upon Request I am happy to adjust these stats to a more specific neighborhood within the Rohnert Park/Cotati area or to your own criteria such as certain number of bedrooms and bath or single level to name a few.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com

Healdsburg/Geyserville Sonoma County CA April 2009 Market Snapshot

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 14:50:11 -0500

Healdsburg/Geyserville, Sonoma County CA April 2009 Residential Property Market Snapshot

Are you interested in current market statistics & conditions for the Healdsburg/Geyserville Market Area of Northern California Real Estate? Following are the stats for the April 2009 market as well as what is currently (as of May 24) available in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches. This month I am changing this up a bit by dividing out the detached single family homes from the condo market.

As of Today May 24, 2009 the Healdsburg/Geryserville CA Market Area currently has:

137 Listings:

125 Are Single Family Home with List Price Range of $199,000 - $8,500,000

Average List Price $1,266,949 * Median List Price $699,900

6 are Bank Owned aka REO/Foreclosed properties & 12 are Short Sales

12 Are Condo Listings with a List Price Range of $120,000 - $479,950

Average List Price of $287,567 * Median List Price of $299,500

1 is Bank Owned aka REO/Foreclosed properties & 2 are Short Sales

24 of the Listings Are In Escrow in "Contingent" status:

21 being Single Family Homes List Price Range $285,000 - $949,000

Average List Price $526,138 * Median List Price $549,000

Of these 21, 1 is Bank Owned & 7 are Short Sales

3 are Condo's with a List Price Range of $120,000 - $369,000

Average List Price of $229,333 * Median List Price of $199,000

Of these 3, 1 is Bank Owned & 2 is a Short Sale

7 of the Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed

All 7 are Single Family Homes with List Price Range $253,000 - $2,450,000

Average List Price $1,248,214 * Median List Price $1,300,000

Of these 7, 2 are Bank Owned & 0 are Short Sales

12 Listings Sold i.e. Closed Escrow During the month of April 2009:

11 being Single Family Homes Selling for 93.82% of List Price

List Price Range $195,000 - $895,000 * Selling Price Range $170,000 - $805,000

Average List Price $507,864 * Average Selling Price $476,457

Median List Price $495,000 * Median Selling Price $486,530

Of these 11, 0 were Bank Owned & 2 were Short Sales

1 Condo Sold for 88.77% of List Price

List Price $136,900 & Selling Price of $112,650

This 1 sale was Bank Owned

For quite some time now the Healdsburg/Geyserville market has NOT been as heavily weighted with bank owned/REO's (foreclosed homes) and short sale listings as some other parts of the county. We are now starting to see a few more of the distressed properties hitting the market, similar to what we are seeing in Sebastopol & along the Sonoma Coast areas. As with the rest of the county we see a larger number of short sales in escrow but when it comes to the numbers of listings that actually closed escrow the numbers are heavier on the bank owned/REO side.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com

Windsor, Sonoma County CA April 2009 Market Snapshot

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 13:59:00 -0500

Windsor, Sonoma County CA April 2009 Market Snapshot

Are you interested in current market statistics & conditions for the Windsor Market Area of Northern California Real Estate? Following are the stats for the April 2009 market as well as what is currently (as of May 24) available in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches. This month I am changing this up a bit by dividing out the detached single family homes from the condo market.

As of Today May 24, 2009 the Windsor CA Market Area currently has:

162 Listings:

141 Are Single Family Home with List Price Range of $134,000 - $4,900,000

Average List Price $477,847 * Median List Price $371,250

27 are Bank Owned aka REO/Foreclosed properties & 71 are Short Sales

20 Are Condo Listings with a List Price Range of $139,900 - $375,000

Average List Price of $247,380 * Median List Price of $272,000

4 are Bank Owned aka REO/Foreclosed properties & 10 are Short Sales

82 of the Listings Are In Escrow in "Contingent" status:

74 being Single Family Homes List Price Range $134,000 - $859,000

Average List Price $353,221 * Median List Price $354,000

Of these 74, 14 are Bank Owned & 53 are Short Sales

8 are Condo's with a List Price Range of $139,900 - $289,900

Average List Price of $193,274 * Median List Price of $160,750

Of these 8, 3 are Bank Owned & 5 are Short Sales

15 of the Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed

11 are Single Family Homes List Price Range $250,000 - $1,599,000

Average List Price $460,545 * Median List Price $349,900

Of these 15, 5 are Bank Owned & 2 are Short Sales

4 are Condo's with a List Price Range of $154,900 - $298,500

Average List Price of $257,600 * Median List Price of $288,500

Of these 4, 1 is Bank Owned & 3 are Short Sales

46 Listings Sold i.e. Closed Escrow During the month of April 2009:

44 being Single Family Homes Selling for 98.26% of List Price

List Price Range $179,000 - $644,900 * Selling Price Range $182,800 - $600,000

Average List Price $350,101 * Average Selling Price $343,995

Median List Price $329,700 * Median Selling Price $325,500

Of these 44, 25 were Bank Owned & 8 were Short Sales

2 Were Condo's That Sold for 93.52% of List Price

List Price $219,900 - $239,900 & Selling Price of $205,000 - $225,000

Average List Price $229,900 * Average Selling Price $ 215,000

Median List Price $229,900 * Median Selling Price $215,000

Of these 2, 2 were Bank Owned leaving 0 were Short Sales

For quite some time now the Windsor market has been heavily weighted with bank owned/REO's (foreclosed homes) and short sale listings. Windsor is following suit with a majority of the rest of the county having be a larger number of short sales in escrow but when it comes to the numbers of listings that actually closed escrow and end of sold the numbers will end up heavier on the bank owned/REO side.

What Does All This Mean?

Considering the current available volume of 162 listings and we have been consistently selling approx 32 listings a month, Windsor has 5 months of inventory. If I break these numbers out further, we have about a 1.77 month inventory of Bank Owned homes and a 14 month inventory of Short Sales.

Upon Request I am happy to adjust these stats to a more specific neighborhood within Windsor or your own criteria such as certain number of bedrooms and bath or single level only to name a few.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com

Sonoma County California Residential Real Estate Market Snapshot

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 12:28:34 -0500

Sonoma County California Residential Real Estate Market Snapshot

April 2009 Market Stats


Market Area	Total	Average	Average	% Of	Average Days
All April 2009 Homes & Condo's Sold	Homes Sold	List Price	Sales Price	List Price	On Market

Sebastopol / Occidental	11	$672,527	$366,086	94%	136
Coastal Sonoma	3	$757,633	$700,717	92%	280
Santa Rosa-NW	69	$241,769	$243,189	101%	108
Santa Rosa-NE	60	$496,520	$473,562	95%	96
Santa Rosa-SW	60	$232,354	$232,379	100%	94
Santa Rosa-SE	40	$341,156	$334,569	98%	98
Oakmont	15	$428,777	$401,397	94%	141
Healdsburg / Geyserville	12	$476,117	$446,140	94%	176
Windsor	46	$344,875	338.,387	98%	118
Russian River	13	$290,962	$280,762	96%	128
Petaluma-East	32	$345,745	$345,179	99%	71
Petaluma-West	19	$769,128	$699,047	91%	121
Cotati / Rohnert Park	48	$263,619	$258,178	98%	105
Penngrove	0	$0	$0	N/A	N/A
Sonoma	40	$475,736	$459,719	97%	94
Cloverdale	20	$252,098	$244,660	97%	115
Timber Cove	0	$0	$0	N/A	N/A
Annapolis	0	$0	$0	N/A	N/A
Sea Ranch	1	$1,100,000	$1,000,000	91%	135

County Summary	489	$366,106	$354,181	97%	107

Cumulative Value	$173,348,690



*April 2009 Bank Owned Sales Statistics*

Market Area	Bank Owned	Average	Average	% Of	Average Days
	Homes Sold	List Price	Sales Price	List Price	On Market

Sebastopol / Occidental	3	$422,267	$401,667	95%	75
Coastal Sonoma	1	$376,900	$360,000	96%	47
Santa Rosa-NW	42	$231,128	$235,307	102%	75
Santa Rosa-NE	22	$323,752	$322,872	99%	65
Santa Rosa-SW	45	$219,681	$223,748	102%	79
Santa Rosa-SE	13	$258,758	$256.146	99%
Oakmont	0	$0	$0	N/A	N/A
Healdsburg / Geyserville	1	$126,900	$112,650	89%	176
Windsor	27	$324,446	$319,985	99%	81
Russian River	4	$178,650	$184,250	103%	68
Petaluma-East	17	$324,504	$323,735	99%	67
Petaluma-West	4	$341,360	$348,375	102%	118
Cotati / Rohnert Park	23	$244,198	$238,852	98%	56
Penngrove	0	$0	$0	N/A	N/A
Sonoma	21	$285,144	$288,631	101%	69
Cloverdale	17	$246,159	$239,482	97%	100
Timber Cove	0	$0	$0	N/A	N/A
Annapolis	0	$0	$0	N/A	N/A
Sea Ranch	0	$0	$0	N/A	N/A

County Summary	240	$266,641	$266,508	99%	75

Cumulative Value	$64,115,917



April 2009 Short Sale Sales Statistics

Market Area	Short Sale	Average	Average	% Of	Average Days
	Homes Sold	List Price	Sales Price	List Price	On Market

Sebastopol / Occidental	1	$755,000	$708,000	97%	199
Coastal Sonoma	0	$0	$0	N/A	N/A
Santa Rosa-NW	17	$227,918	$228,588	100%	207
Santa Rosa-NE	10	$334,386	$332,400	99%	200
Santa Rosa-SW	10	$269,269	$256,009	95%	176
Santa Rosa-SE	11	$306,907	$301,179	98%	138
Oakmont	0	$0	$0	N/A	N/A
Healdsburg / Geyserville	2	$247,250	$225,000	91%	178
Windsor	8	$305,625	$298.287	98%	221
Russian River	2	$249,000	$250,000	100%	127
Petaluma-East	7	$309,286	$309,429	100%	94
Petaluma-West	2	$536,500	$547,500	102%	34
Cotati / Rohnert Park	16	$237,137	$233,155	98%	193
Penngrove	0	$0	$	N/A	N/A
Sonoma	2	$412,500	0354,500	86%	300
Cloverdale	0	$0	$0	N/A	N/A
Timber Cove	0	$0	$0	N/A	N/A
Annapolis	0	$0	$0	N/A	N/A
Sea Ranch	0	$0	$0	N/A	N/A

County Summary	88	$287,918	$282,132	98%	179

Cumulative Value	$24,827,828



Current Residential Market Listings

Market Area	Total Listed	Average	Total Bank	Total Short
	As of May 23	List Price	Owned Listed	Sales Listed

Sebastopol / Occidental	154	$881,357	13	17
Coastal Sonoma	53	$961,042	8	5
Santa Rosa-NW	340	$305,157	57	176
Santa Rosa-NE	347	$837,707	36	107
Santa Rosa-SW	212	$281,609	60	107
Santa Rosa-SE	199	$554,013	35	89
Oakmont	72	$444,578	2	0
Healdsburg / Geyserville	137	$1,181,164	7	14
Windsor	162	$449,394	31	81
Russian River	156	$402,782	32	22
Petaluma-East	137	$592,591	17	67
Petaluma-West	146	$818,466	8	31
Cotati / Rohnert Park	191	$296,052	45	104
Penngrove	29	$990,075	3	4
Sonoma	324	$1,124,987	29	58
Cloverdale	100	650,671	25	37
Timber Cove	8	$683,125	0	1
Annapolis	3	$402,373	0	0
Sea Ranch	58	$914,783	2	1

County Summary	2828	$657,401	406	921

Statistics from BARIES MLS Information herein believed reliable but not guaranteed

I hope these statistics are helpful to those looking for this type of information. Feel free to contact me with any questions or comments.

Lynn Bowen

Domaine Real Estate

Lynn@DomaineRE.com 707-695-3814

www.LynnBowenRealEstate.com

Santa Rosa, Sonoma County CA April 2009 Residential Property Sales Statistics

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 24 May 2009 00:14:14 -0500

Interested in current market statistics for the Santa Rosa Market Area of Northern California Real Estate? Following are the stats for the April 2009 market as well as what is currently (as of May 23) available in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches. This month I am changing this up a bit by dividing out the detached single family homes from the condo market.

As of Today May 23, 2009 the Santa Rosa Market Area currently has:

1166 Listings:

1004 Are Single Family Home Listings with List Price Range of $92,000 - $6,900,000

Average List Price $563,086 * Median List Price $350,000

148 are Bank Owned aka REO/Foreclosed properties & 387 are Short Sales

162 Are Condo Listings with a List Price Range of $65,000 - $419,500

Average List Price of $179,422 * Median List Price of $155,450

41 are Bank Owned aka REO/Foreclosed properties & 92 are Short Sales

546 of the Listings Are In Escrow in "Contingent" status:

447 being Single Family Homes List Price Range $92,000 - $3,500,000

Average List Price $340,503 * Median List Price $279,000

Of these 447, 64 are Bank Owned & 289 are Short Sales

99 are Condo's with a List Price Range of $65,500 - $325,000

Average List Price of $162,959 * Median List Price of $149,000

Of these 99, 19 are Bank Owned & 67 are Short Sales

95 of the Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed:

85 are Single Family Homes List Price Range $109,900 - $4,700,000

Average List Price $408,260 * Median List Price $279,000

Of these 85, 42 are Bank Owned & 13 are Short Sales

10 are Condo's with a List Price Range of $79,900 - $299,900

Average List Price of $138,910 * Median List Price of $128,950

Of these 10, 7 are Bank Owned & 3 are Short Sales

245 Listings Sold i.e. Closed Escrow During the month of April 2009:

218 being Single Family Homes Selling for 100.54% of List Price

List Price Range $98,000 - $2,999,999 * Selling Price Range $110,000 - $2,500,000

Average List Price $342,442 * Average Selling Price $334,517

Median List Price $279,900 * Median Selling Price $ 284,000

Of these 218, 112 were Bank Owned & 41 were Short Sales

27 Were Condo's That Sold for 101.33% of List Price

List Price $80,171 - $459,900 & Selling Price of $83,000 - $439,950

Average List Price $ 222,660 * Average Selling Price $ 213,683

Median List Price $ 200,000 * Median Selling Price $ 209,000

Of these 27, 11 were Bank Owned & 7 were Short Sales

For quite some time now the Santa Rosa market has been heavily weighted with bank owned/REO's (foreclosed homes) and short sale listings. There will generally be a larger number of short sales in escrow but when it comes to the numbers of listings that actually closed escrow and sold the numbers will be heavier on the bank owned/REO side.

What Does All This Mean?

Considering the current available volume of 1166 listings and that we have been consistently selling approx 236 listings a month, Santa Rosa has just under 5 months of inventory. If I break these numbers out further, we have about a 1.5 month inventory of Bank Owned homes and just over 15.5 months inventory of Short Sales.

Have I Missed An Important Piece of Information You Were Hoping To Find?

Upon Request I am happy to adjust these stats to a more specific neighborhood within Santa Rosa, such as The McDonald District, or Montgomery Village as examples or one of the quadrants i.e. NW, NE, SW & SE.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com

Sebastopol, Sonoma County CA April 2009 Residential Property Sales Statistics

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sat, 23 May 2009 21:13:32 -0500

Interested in current market statistics for the Sebastopol Market Area of CA Real Estate? Following are the stats for the April 2009 market as well as what is currently (as of May 23) available in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches. This month I am changing this up a bit by dividing out the detached single family homes from the condo market.

NOTE: The Sebastopol Market Area includes Occidental & Camp Meeker as well as Sebastopol.

As of Today May 23, 2009 the Sebastopol Market Area currently has:

154 Listings:

134 Single Family Home Listings with List Price Range of $49,900 - $9,500,000

Average List Price $933,826 * Median List Price $729,000

13 are Bank Owned aka REO/Foreclosed properties & 13 are Short Sales

13 Condo Listings with a List Price Range of $185,000 - $449,500

Average List Price of $312,270 * Median List Price of $285,000

0 are Bank Owned aka REO/Foreclosed properties & 4 are Short Sales

31 of the 154 Listings Are In Escrow in "Contingent" status:

28 being Single Family Homes List Price Range $164,000 - $ 965,000

Average List Price $ 569,704 * Median List Price $ 499,000

Of these 28, 3 are Bank Owned & 8 are Short Sales

3 are Condo's with a List Price Range of $185,000 - $269,000

Average List Price of $218,000 * Median List Price of $200,000

Of these 3, 0 are Bank Owned & 2 are Short Sales

7 of the 154 Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed:

All 7 being Single Family Homes List Price Range $330,000 - $889,000

Average List Price $535,279 * Median List Price $515,000

Of these 7, 1 is Bank Owned & 0 are Short Sales

No Condo's are currently in the Pending Status

11 Listings Sold i.e. Closed Escrow During the month of April 2009:

10 being Single Family Homes Selling for 93.84% of List Price

List Price Range $314,900 - $1,595,000 * Selling Price Range $340,000 - $1,349,000

Average List Price $704,780 * Average Selling Price $661,395

Median List Price $644,000 * Median Selling Price $615,000

Of these 10, 3 were Bank Owned & 1 was a Short Sale

1 Was A Condo That Sold for 100% of List Price

List Price $350,000 & Selling Price of $350,000

This Sale was a Short Sale

Here in Sebastopol we are seeing more bank owned and short sale listing then previously but still not nearly the percentage distressed properties as in some other communities within Sonoma County. Bodega Bay & Healdsburg & Penngrove are other locations that have been following suit.

I am happy to further drill down these stats to more specific neighborhoods in and around Sebastopol or for other areas of Sonoma County, upon request.

Lynn Bowen

Domaine Real Estate

Sebastopol Ca

707-695-3814 Lynn@DomaineRE.com

www.LynnBowenRealEstate.com

Bodega Bay, Sonoma County CA April 2009 Sales Statistics

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sat, 23 May 2009 19:50:43 -0500

Interested in current market statistics for the Bodega Bay area of Northern California Real Estate? Following are the April 2009 Bodega Bay Market Stats as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes as well as Farms/Ranches.

As of Today May 23, 2009 Bodega Bay currently has:

51 Listings:

List Price Range $200,000 - $4,975,000

Average List Price $978,164

Median List Price $795,000

Of these listings, 4 are Bank Owned aka REO/Foreclosed properties & 5 are Short Sales

4 Listings In Escrow are in "Contingent" status:

List Price Range $200,000   - $799,000

Average List Price $493,250

Median List Price $487,000

Of these 4, 1 are Bank Owned & 1 is a Short Sale

0 Listings Are In Escrow are in the "Pending" status i.e. All Contingencies have been removed:

3 Listings Sold i.e. Closed Escrow During the month of April 2009:

List Price Range $374,900 - $1,099,000 * Selling Price Range $360,000 - $965,000

Average List Price $757,633 *  Average Selling Price $700,717

Median List Price $799,000   * Median Selling price $777,150

Of these 3 listings, 1 was Bank Owned & 0 were Short Sales

We are seeing a few more bank owned and short sales on the market but as a whole this market is certainly not saturated with distressed property listings that we see in some other communities within Sonoma County.   Sebastopol, Penngrove & Healdsburg are three other locations that follow a similar scenario.

A majority of the Bodega Bay market are second homes and often times sellers may want to sell but do not have the same sense of urgency and can wait the market out and will do just that.   Many of these homes are in the Vacation Rental Market and are bringing their sellers an income while they are being marketed to sell.

I am happy to further drill down these stats to more specific neighborhoods within Bodega Bay, such as The Bodega Bay Harbour Development, or for other areas of Sonoma County upon request.

Fresh, Nutritious & Often Organic Produce At Local Farmers Markets Here in Sonoma County

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 03 May 2009 16:38:43 -0500

One of the many reasons I LOVE living here in Sonoma County is the availability of fresh and nutritious and often organic local produce. Below is a mailer I recently sent out to my database regarding the Local Farmers Markets in the county. This document offers when & where to find these Farmers Markets. Again let's buy local when and where we can.

SONOMA COUNTY CALIFORNIA HARVEST CALENDAR

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 03 May 2009 14:24:38 -0500

If you are like me you wonder sometimes just when is it the season for a specific fruit or vegetable. With an emphasis of striving to buy local here is a local harvest calendar for the Sonoma County California area.

Understanding The 2009 $8,000. 1st Time Home Buyers Federal Tax Credit

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Fri, 01 May 2009 22:28:40 -0500

Earlier this year President Obama signed into the 2009 Stimulus Package and with it came the new and improved 2009 First Time Home Buyers Federal Tax Credit. This TRUE TAX CREDIT was not exactly what we (the Realtor community) were hoping for but was a vast improvement over the 2008 credit. Below is an explanation of how this tax credit works, who & what qualifies, timeframe it is valid as well as how to apply for it. Pretty much the in's and outs of it as well as a bit of history of it's making.

I have highlighted a couple of sections not to be missed such as the definition of exactly who is considered a First Time Home Buyer as well as how and when a buyer can apply for the credit. I assume there are many buyers out there that could benefit from this incredible credit but do not realize that they actually qualify for it as well as the fact that one does not have to wait until they file their 2009 taxes to take advantage of it. I think many will be happy to know that they can apply for it this year by amending their 2008 taxes as soon as escrow has closed.

Just remember to not wait to long to take advantage of this credit as escrow must close by November 30, 2009 to qualify.

As usual, any questions or comments can be directed to me for a private response.

Best to you all, Lynn

2009 First-Time Homebuyer Tax Credit

Thanks to The 2009 Federal Stimulus Package

Overview

•In 2008 Congress created a $7,500 First-Time Homebuyer Tax Credit.

•It went into effect April 8, 2008 with an expiration date of July 1, 2009.

•The big problem: It had to be repaid over 15 years. People viewed it as a debt and not a benefit.

The National Association of Realtors aka NAR proposed changes

In 2008 NAR began advocating to:

•Remove the repayment feature of the credit

•Extend the credit to the end of 2009

•Make the credit available to every home buyer

The 2009 Tax Credit

The NAR Worked with Realtors® across the country:

**We succeeded in removing the repayment requirement for 2009.

**The credit has been extended to on or before November 30, 2009 and can be claimed by those who closed on homes on or after January 1, 2009. It is still repayable for 2008 purchases.

**The credit has been expanded to $8,000.

**But, it is still only for first time homebuyers

Credit Details

•The new Credit is an $8,000 REFUNDABLE Tax Credit (or up to 10% of the purchase price).

-So if the property is $75,000, the credit is only $7,500. (For the purpose of this discussion assume a property over $80,000).

•Refundable means that if your total tax liability in the given year is less than $8,000, the IRS will send a refund for the balance.

Refundability -Why is it Important?

•Many taxpayers do not have tax liability that exceeds $8,000.

-For example, according to the 2008 IRS Tax Tables:

•A single filer would need $46,600 in taxable income to have $8,000 in tax liability.

•A couple would need $58,600 in taxable income to have $8,000 in tax liability.

•Those with less tax liability will in most cases receive a refund meaning they get the full value of the credit.

Who cannot take the credit?

If any of the following:

-Your income exceeds the phase-out range. This means joint filers with Modified Adjusted Gross Income (MAGI) of $170,000 and above and other taxpayers with MAGI of $95,000 and above.

-You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild .

-You stop using your home as your main home.

-You sell your home before the end of three years.

-You are a nonresident alien.

First-Time Homebuyer Definition

•A First Time Homebuyer is defined as someone who did not own another principle residence at any time during the three years prior to the date of purchase aka Close of escrow on home purchased in 2009.

-For example, if you bought a home on January 15, 2009, you cannot take the credit for that home if you owned, or had an ownership interest in, another home at any time from January 15, 2006 through January 15, 2009.

-So if the last time you owned a home was 2005, you are eligible for the credit even though it is really not your "first" home,

- Purchasers who previously owned investment real estate (even within 3 years) but never owned a principle residence will qualify if purchasing a principle residence.

-For married joint filers, both must meet the 1st time homebuyer test to take the credit on a joint return.

More on Income Limits

TYPE	INCOME LIMIT	PHASE OUT START
Single Filers	$95,000	$75,000
Married Filers	$170,000	$150,000

This means that for singles making over $75,000 and couples making over $150,000, the credit is proportionately reduced as incomes approach $95,000 and $170,000 respectively. So if a couple makes $165,000, the excess amount is used to create a fraction 15,000/20,000 (.75) times the credit amount. 75% or $6,000 of the credit would be disallowed. They would still get a $2,000 credit.

The Home

•Must be the "main home" i.e. principal residence. Which is generally considered to be the home where you spend 50% or more of your time. It can be a condo, Single Family detached, co-op, townhouse or something similar.

•The home must be located in the United States.

•Vacation homes and rental properties are not eligible.

•For new construction, the "purchase date" is the date you occupy the home. So the move in date must be before December 1, 2009.

Recapture-3 Year Residency

•If the home is sold prior to three years of ownership, the tax credit must be repaid.

-This is an improvement from the prior 2008 credit. That credit needed to be repaid in total over 15 years or the balance had to be repaid on sale.

•This provision is designed to prevent flipping homes in order to get the credit.

Other Provisions

•The new credit is available to residents of the District of Columbia

•Purchasers who utilize state/local revenue bond financing can now use the credit.

•Purchasers who bought before January 1, 2009 are still subject to the terms of the repayable credit.

When Can You Claim the Credit?

•It can be claimed on your 2008 Tax Return (to be filed by April 15, 2009), an amended 2008 Tax Return, or your 2009 Tax Return.

•NAR and industry partners tried to get the credit made available at closing but policymakers balked. In addition, it was explained that even if a system could be devised, it would delay closings by several weeks.

Conclusion

•The new credit is greatly improved compared to the old credit.

•It is a true credit and does not need to be repaid as long as you occupy the home for 3 years.

•NAR estimates that hundreds of thousands of potential buyers will take advantage of the credit.

•For more info on the credit and the 2009 Stimulus legislation visit http://www.realtor.org/government_affairs/gapublic/american_recovery_reinvestment_act_home?lid=ronav0019 or consult your tax advisor.

CAVEAT

This is information is accurate based on information available as of February 19, 2009. As with any tax law change, check with a tax advisor if there are any questions regarding using this provision.

Some of the above information pulled from the National Association of Realtors® website.

I am NOT a tax professional or expert, this information should not be used in place of consulting a tax pro. It is simply for informational purposes only & I hope it's contents are helpful

Warm Regards & Happy House Hunting!

Sonoma County California 1st Quarter 2009 Residential Real Estate Market Statistics

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sun, 26 Apr 2009 01:10:43 -0500

*1st Quarter 2009 Sonoma County Market Snapshot* 1st Quarter 2009 Market Sales Statistics


Market Area	Total	Average	Average	% Of	Average Days
	Homes Sold	List Price	Sales Price	List Price	On Market

Sebastopol / Occidental	35	$612,084	$576,909	94.25%	108
Coastal Sonoma	14	$809,050	$766,250	94.71%	183
Santa Rosa-NW	234	$248,039	$246,601	99.42%	102
Santa Rosa-NE	114	$451,486	$429,419	95.11%	132
Santa Rosa-SW	148	$255,261	$254,229	99.60%	98
Santa Rosa-SE	92	$341,257	$327,243	95.89%	105
Oakmont	23	$461,923	$442,209	95.73%	109
Healdsburg / Geyserville	23	$821,075	$728,465	88.72%	146
Windsor	84	$391,093	$376,159	96.18%	110
Russian River	29	$304,964	$284,838	93.40%	115
Petaluma-East	80	$370,782	$365,751	98.64%	98
Petaluma-West	35	$469,504	$448,926	95.62%	108
Cotati / Rohnert Park	128	$268,756	$262,296	97.60%	99
Penngrove	3	$999,833	$905,000	90.52%	151
Sonoma	84	$441,418	$413,437	93.66%	97
Cloverdale	30	$261,437	$245,751	94%	105
Timber Cove	2	$429,500	$337,500	78.58%	313
Annapolis	0
Sea Ranch	9	$915,544	$848,444	92.67%	170

County Summary	1167	$360,031	$345,987	96.10%	108
			Pict Pict		Pict
Cummulative Value	$403,766,784	Pict



1st Quarter 2009 Bank Owned Sales Statistics

Market Area	Bank Owned	Average	Average	% Of	Average Days
	Homes Sold	List Price	Sales Price	List Price	On Market

Sebastopol / Occidental	10	$463,220	$431,380	93.13%	107
Coastal Sonoma	3	$651,900	$622,333	95.46%	74
Santa Rosa-NW	164	$218,535	$220,813	101.04%	78
Santa Rosa-NE	52	$348,409	$330,929	94.98%	105
Santa Rosa-SW	102	$241,689	$243,722	100.84%	73
Santa Rosa-SE	47	$238,031	$229,576	96.45%	91
Oakmont	1	$349,900	$310,000	88.60%	104
Healdsburg / Geyserville	8	$371,778	$365,588	98.33%	81
Windsor	57	$346,257	$339,218	97.97%	81
Russian River	19	$257,587	$242,621	94.19%	101
Petaluma-East	49	$336,571	$333,385	99.05%	68
Petaluma-West	13	$310,569	$309,646	99.70%	76
Cotati / Rohnert Park	93	$258,435	$253,433	98.06%	80
Penngrove	0
Sonoma	35	$293,521	$277,497	94.54%	82
Cloverdale	16	$227,304	$214,658	94.44%	91
Timber Cove	0
Annapolis	0
Sea Ranch	1	$484,900	$457,000	94.25%	212

County Summary	670	$273,580	$268,607	98.18%	82

Cummulative Value	$179,966,575



1st Quarter 2009 Short Sale Sales Statistics

Market Area	Short Sale	Average	Average	% Of	Average Days
	Homes Sold	List Price	Sales Price	List Price	On Market

Sebastopol / Occidental	3	$653,333	$653,667	100.05%	160
Coastal Sonoma	0
Santa Rosa-NW	39	$238,574	$235,553	98.73%	203
Santa Rosa-NE	16	$436,366	$432,038	99.01%	195
Santa Rosa-SW	26	$266,479	$261,704	98.21%	167
Santa Rosa-SE	16	$287,294	$282,869	98.46%	192
Oakmont	0
Healdsburg / Geyserville	5	$453,800	$430,000	94.76%	190
Windsor	13	$408,646	$386,800	94.65%	195
Russian River	2	$354,500	$354,750	100.07%	134
Petaluma-East	14	$371,207	$364,586	98.22%	216
Petaluma-West	3	$406,167	$346,667	85.35%	150
Cotati / Rohnert Park	19	$275,705	$267,847	97.15%	204
Penngrove	2	$1,075,000	$982,500	91.40%	192
Sonoma	11	$453,286	$433,909	95.73%	183
Cloverdale	7	$239,114	$231,429	96.79%	119
Timber Cove	0
Annapolis	0
Sea Ranch	0

County Summary	176	$332,531	$323,123	97.17%	189

Cummulative Value	$56,869,570



Current Residential Market Listings

Market Area	Total Listed	Average	Total Bank	Total Short
	As of April 25th	List Price	Owned Listed	Sales Listed

Sebastopol / Occidental	156	$838,808	17	20
Coastal Sonoma	45	$830,210	4	5
Santa Rosa-NW	367	$310,461	81	182
Santa Rosa-NE	347	$823,433	45	104
Santa Rosa-SW	231	$277,017	75	114
Santa Rosa-SE	200	$541,172	38	82
Oakmont	70	$463,864	2	0
Healdsburg / Geyserville	139	$1,178,425	5	17
Windsor	171	$454,035	41	77
Russian River	138	$425,053	30	22
Petaluma-East	144	$594,340	26	65
Petaluma-West	142	$819,498	9	37
Cotati / Rohnert Park	213	$283,328	61	105
Penngrove	29	$1,016,776	2	4
Sonoma	318	$1,082,543	31	65
Cloverdale	104	$607,899	30	36
Timber Cove	6	$690,667	0	1
Annapolis	3	$402,373	0	0
Sea Ranch	55	$930,170	3	1

County Summary	2878	$635,319	500	937

Cummulative Value	$1,828,447,574		$139,635,922	$317,411,436

Statistics from BARIES MLS Information herein believed reliable but not guaranteed

I hope these statistics are helpful to those looking for this type of information. Feel free to contact me with any questions or comments.

Lynn Bowen

Domaine Real Estate

Lynn@DomaineRE.com 707-695-3814

Windsor, CA Residential Market Sales Statistics February 2009

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Sat, 25 Apr 2009 20:04:34 -0500

It was brought to my attention that I had not posted February 2009 Sales Statistics for Windsor CA.

For anyone else wondering what sold in the residential real estate market in Windsor during February here you go.

27 Listings Sold i.e. Closed Escrow During the month of February 2009:

List Price Range $175,400 - $749,000 * Selling Price Range $172,000 - $675,000

Total sales volume = $9,838,800

Average List Price $378,348 * Average Selling Price $364,400

Median List Price $339,900 * Median Selling price $335,000

Of these 27 listings, 18 were Bank Owned & 4 were Short Sales

I will be posting 1st qtr 2009 stats later this evening for the county broken down by area.

Hope everyone is enjoying the beautiful spring weather.

Lynn

Cotati, Sonoma County CA Sales Statistics for March 2009

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Fri, 17 Apr 2009 19:55:08 -0500

Interested in current statistics of the Cotati California Real Estate market? Following are the stats for the March 2009 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes as well as Condos & Farms/Ranches.

As of Today April 17, 2009 Cotati CA currently has the following:

42 Active Listings:

List Price Range $109,900 - $1,499,000

Average List Price $389,990

Median List Price $302,500

Of these 42 listings, 10 are Bank Owned aka REO or Foreclosed properties & 17 are Short Sales

18 Listings In Escrow in "Contingent" status:

List Price Range $109,900 - $599,000

Average List Price $279,033

Median List Price $252,450

Of these 18, 5 are Bank Owned & 9 are Short Sales

5 Listings In Escrow in the "Pending" status i.e. All Contingencies have been removed:

List Price Range $159,000 - $305,000

Average List Price $245,580

Median List Price $249,900

Of these 5, 2 are Bank Owned & 2 are Short Sales

8 Listings Sold i.e. Closed Escrow During the month of March 2009:

List Price Range $179,000 - $649,900 * Selling Price Range $175,000 - $610,000

Average List Price $405,392 * Average Selling Price $383,013

Median List Price $362,475 * Median Selling price $324,550

Of these 8 listings, 3 were Bank Owned & 2 were Short Sales

Cotati is a small town with far fewer available listings then it's neighbors of Rohnert Park, Petaluma & Santa Rosa. There are also far fewer Condo's in Cotati's market to skew the numbers.

Have I Missed An Important Piece of Information You Were Hoping To Find? If so please let me know as I'm happy to use another set of criteria for a particular need.

Please come back mid May for April stats.

Happy House Hunting!

Windsor, Sonoma County CA Sales Statistics for March 2009

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Fri, 17 Apr 2009 19:32:13 -0500

Interested in current statistics of the Windsor California Real Estate market? Following are the stats for the March 2009 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes as well as Condos & Farms/Ranches.

As of Today April 17, 2009 Windsor CA currently has the following:

180 Active Listings:

List Price Range $134,000 - $4,900,000

Average List Price $446,078

Median List Price $357,000

Of these 180 listings, 47 are Bank Owned aka REO or Foreclosed properties & 81 are Short Sales

87 Listings In Escrow in "Contingent" status:

List Price Range $134,000 - $1,395,000

Average List Price $345,939

Median List Price $325,000

Of these 87, 28 are Bank Owned & 50 are Short Sales

19 Listings In Escrow in the "Pending" status i.e. All Contingencies have been removed:

List Price Range $179,000 - $1,599,000

Average List Price $388,778

Median List Price $350,000

Of these 19, 10 are Bank Owned & 5 are Short Sales

34 Listings Sold i.e. Closed Escrow During the month of March 2009:

List Price Range $135,920 - $885,000 * Selling Price Range $120,000 - $790,000

Average List Price $389,402 * Average Selling Price $374,773

Median List Price $367,000 * Median Selling price $355,000

Of these 34 listings, 23 were Bank Owned & 6 were Short Sales

Windsor has been following suit with much of the rest of Sonoma County, (other then Sebastopol, Bodega Bay & Healdsburg) with being heavily saturated with bank owned (foreclosed homes) and short sale listings. There are usually be a larger number of short sales in escrow but a much lower number ending in closed sales. The numbers dramatically change with the bank owned/REO listings in that the majority in escrow will close.

It is not uncommon for well priced Windsor listings to generate multiple offers and sometimes selling for above the list price.

What Do All The Numbers Mean?

Considering the current available volume of 180 active listings consistently selling at approximately 31 per month, Windsor has just under 6 months of inventory. If I break these numbers out further, we have 3 month inventory of Bank Owned homes and a 16 month inventory of Short Sales listings. The available inventory overall has reduced itself as well as the Bank Owned inventory and the Short Sale inventory has increased by several months worth in the past couple of months.

Have I Missed An Important Piece of Information You Were Hoping To Find?

Upon Request I am happy to further drill down these stats to specific Windsor neighborhoods.

Please come back mid May for April stats.

Happy House Hunting!

Rohnert Park, Sonoma County CA March 2009 Residential Market Statistics

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Fri, 17 Apr 2009 18:46:35 -0500

Interested in what's selling in the Rohnert Park California Real Estate market and for what price? Following are the stats for the March 2009 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes as well as Condos & Farms/Ranches.

As of Today April 17, 2009 Rohnert Park CA currently has the following:

160 Active Listings:

List Price Range $85,500 - $589,000

Average List Price $251,203

Median List Price $231,450

Of these 160 listings, 50 are Bank Owned aka REO or Foreclosed properties & 85 are Short Sales

89 Listings In Escrow in "Contingent" status:

List Price Range $85,5000 - $550,000

Average List Price $243,066

Median List Price $229,000

Of these 89, 19 are Bank Owned & 57 are Short Sales

23 Listings In Escrow in the "Pending" status i.e. All Contingencies have been removed:

List Price Range $99,000 - $439,900

Average List Price $285,326

Median List Price $241,748

Of these 23, 15 are Bank Owned & 9 are Short Sales

35 Listings Sold i.e. Closed Escrow During the month of March 2009:

List Price Range $94,620 - $475,000 * Selling Price Range $70,000 - $450,000

Average List Price $259,223 * Average Selling Price $252,387

Median List Price $254,900 * Median Selling price $250,000

Of these 35 listings, 24 were Bank Owned & 5 were Short Sales

Rohnert Park follows suit with a good amount of the rest of Sonoma County with being heavily saturated with bank owned (foreclosed homes) and short sale listings. Often there will be a larger number of short sales that go in to escrow but in the end they do not always end up as closed sales. The bank owned/REO's are generally much more likely to end with a finalized sale. The Short Sales that do close escrow and transfer title to a new owner can take several months to do so from the date that the original offer was written.

It is not uncommon for well priced Rohnert Park listings to generate multiple offers and can end up selling for above the current list price.

What Do All The Numbers Mean?

With the currently available 160 listings and sales consistently closing approximately 40 listings a month, Rohnert Park has an Absorption Rate of 4 months of inventory which is down by 1 month since mid February. If I break these numbers out further, we have a 2 month inventory of Bank Owned homes (also down by 1 ¼ months) and a 13 1/2 month inventory of Short Sales which is dramatically up by 5 months). All in all this is showing us that the available inventory as a whole & in the Bank Owned market is decreasing but in the short sale market the inventory has grown significantly.

Have I Missed An Important Piece of Information You Were Hoping To Find?

Upon Request I am happy to further drill down these stats to more specific Rohnert Park neighborhoods or other areas of the county..

Please come back mid month May for April market stats.

Happy Trails.

Bodega Bay, Sonoma County CA Sales Statistics for March 2009

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Fri, 17 Apr 2009 18:06:34 -0500

Interested in current market statistics for the Bodega Bay area of Northern California Real Estate? Following are Bodega Bay stats for the March 2009 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes as well as Farms/Ranches.

As of Today April 17, 2009 Bodega Bay currently has:

44 Active & Available Listings:

List Price Range $294,405 - $4,975,000

Average List Price $945,721

Median List Price $797,000

Of these listings, 4 are Bank Owned aka REO/Foreclosed properties & 5 are Short Sales

2 Listings In Escrow are in "Contingent" status:

List Price Range $899,000 - $985,000

Average List Price $942,000

Median List Price $942,000

Of these 2, 0 are Bank Owned & 1 is a Short Sale

2 Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed:

List Price Range $374,900 - $1,099,000

Average List Price $736,950

Median List Price $736,950

Of these 2, 1 is Bank Owned & 0 are Short Sales

5 Listings Sold i.e. Closed Escrow During the month of March 2009:

List Price Range $795,000 - $1,250,000 * Selling Price Range $735,000 - $1,125,000

Average List Price $974,980 * Average Selling Price $916,000

Median List Price $950,000 * Median Selling price $920,000

Of these 5 listings, 1 was Bank Owned & 0 were Short Sales

The sales picked up a bit in Bodega Bay over the past couple of months. A couple new Short Sale and Bank Owned listings have come on the market, but as a whole this market is certainly not saturated with distressed property listings that we see in some other communities within Sonoma County. Sebastopol, Penngrove & Healdsburg are three other locations that follow a similar scenario.

I am happy to further drill down these stats to more specific neighborhoods within Bodega Bay, such as The Bodega Bay Harbour Development, or for other areas of Sonoma County upon request.

Sebastopol, Sonoma County CA Residential Property Sales Statistics for March 2009

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Fri, 17 Apr 2009 17:37:07 -0500

Interested in current market statistics for the Sebastopol Market Area of CA Real Estate? Following are the stats for the March 2009 market as well as what is currently available in the residential real estate market. Residential meaning, Single Family Homes, Condo's as well as Farms/Ranches.

NOTE: The Sebastopol Market Area includes Occidental & Camp Meeker as well as Sebastopol.

As of Today April 17, 2009 the Sebastopol Market Area currently has:

146 Active Listings:

List Price Range $59,900 - $3,995,000

Average List Price $776,472

Median List Price $639,450

16 are Bank Owned aka REO/Foreclosed properties & 20 are Short Sales

29 of the 146 Listings In Escrow in "Contingent" status:

List Price Range $164,000 - $1,595,000

Average List Price $493,597

Median List Price $475,000

Of these 29, 7 are Bank Owned & 7 are Short Sales

5 of the 146 Listings In Escrow are in the "Pending" status i.e. All Contingencies have been removed:

List Price Range $330,000 - $765,000

Average List Price $677,180

Median List Price $765,000

Of these 5, 1 is Bank Owned & 0 are Short Sales

13 Listings Sold i.e. Closed Escrow During the month of March 2009:

List Price Range $204,900 - $850,000 * Selling Price Range $200,000 - $802,000

Average List Price $520,792 * Average Selling Price $497,154

Median List Price $579,900 * Median Selling Price $550,000

Of these 13, 2 were Bank Owned & 0 were Short Sales

Here in Sebastopol we do not have the high numbers of bank owned or short sale listings that we see in some other communities within Sonoma County. Bodega Bay & Healdsburg are two other locations that follow suit.

Considering we currently have 146 listings in the Sebastopol area and have been consistently selling approximately 16 listings a month, we have 9 months of inventory. If I break these numbers out further, we have about a 6 month inventory of Bank Owned homes and an 18.5 month inventory of Short Sales.

I am happy to further drill down these stats to more specific neighborhoods in and around Sebastopol or for other areas of Sonoma County, upon request.

Healdsburg Sonoma County CA March 2009 Market Sales Statistics

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Thu, 16 Apr 2009 10:30:01 -0500

Following are the Market Statistics for Healdsburg for the month of March 2009 as well as what is currently available in Healdsburg in the residential real estate market. Residential meaning, Single Family Homes as well as Farms/Ranches & Condos

As of Today April 16, 2009 Healdsburg currently has:

121 Active Listings:

List Price Range $139,9000 - $8,500,000

Average List Price $1,077,490

Median List Price $689,000

Of these 121 listings, 4 are Bank Owned aka REO or Foreclosure properties & 15 are Short Sales

16 Listings In Escrow in "Contingent" status:

List Price Range $195,000 - $2,995,000

Average List Price $1,023,653

Median List Price $747,500

Of these 16, 1 is Bank Owned & 5 are Short Sales

8 Listings In Escrow in the "Pending" status i.e. All Contingencies have been removed:

List Price Range $299,500 - $1,300,000

Average List Price $660,313

Median List Price $592,000

Of these 8 listings, 1 is Bank Owned & 0 are Short Sales

14 Listings Sold i.e. Closed Escrow During the month of February 2009:

List Price Range $294,900 - $2,250,000 * Selling Price Range $310,000 - $1,910,000

Average List Price $626,829 * Average Selling Price $570,714

Median List Price $465,000 * Median Selling price $439,500

Of these 14 listings, 5 were Bank Owned & 2 were Short Sales

The March quantity of Healdsburg sales were up from February, price point were down due to the type of properties selling.

Healdsburg does not have the high numbers of bank owned or short sale listings that we often see in some other communities within Sonoma County. Bodega Bay, Sebastopol & Penngrove are three other locations that tend to follow suit. March continued to show the trend of more closed sales in the NON short sale market.

I am happy to further drill down these stats to more specific neighborhoods, or for other areas of Sonoma County upon request.

Till next time, Happy House Hunting!

Healdsburg Sonoma County CA February 2009 Market Stats

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Thu, 16 Apr 2009 10:17:13 -0500

Market statistics for Healdsburg California Real Estate: Following are the stats for the February 2009 market as well as what is currently available in Healdsburg in the residential real estate market. Residential meaning, Single Family Homes as well as Farms/Ranches & Condos

As of Today April 16, 2009 Healdsburg currently has:

121 Active Listings:

List Price Range $139,9000 - $8,500,000

Average List Price $1,077,490

Median List Price $689,000

Of these 121 listings, 4 are Bank Owned aka REO or Foreclosure properties & 15 are Short Sales

16 Listings In Escrow in "Contingent" status:

List Price Range $195,000 - $2,995,000

Average List Price $1,023,653

Median List Price $747,500

Of these 16, 1 is Bank Owned & 5 are Short Sales

8 Listings In Escrow in the "Pending" status i.e. All Contingencies have been removed:

List Price Range $299,500 - $1,300,000

Average List Price $660,313

Median List Price $592,000

Of these 8 listings, 1 is Bank Owned & 0 are Short Sales

2 Listings Sold i.e. Closed Escrow During the month of February 2009:

List Price Range $279,000 - $6,950,000 * Selling Price Range $265,000 - $5,750,000

Average List Price $3,614,500* Average Selling Price $3,007,500

Median List Price $3,614,500 * Median Selling price $3,007,500

Of these 2 listings, 1 was Bank Owned & 0 were Short Sales

Healdsburg does not always have the quantity of sales data needed to show a good picture of trends. Due to the range of price points between say a condo and a big vineyard or winery transactions the data compiled can be confusing.

Healdsburg does not have the high numbers of bank owned or short sale listings that we often see in some other communities within Sonoma County. Bodega Bay, Sebastopol & Penngrove are three other locations that tend to follow suit. February showed a more average trend of a larger number of closed sales being in the NON short sale market.

I am happy to further drill down these stats to more specific neighborhoods, or for other areas of Sonoma County upon request.

Santa Rosa Sonoma County CA Sales Statistics for February 2009

Lynn Bowen, Realtor® EcoGreen Certified Agent (Domaine Real Estate) — Tue, 17 Mar 2009 21:23:01 -0500

With so many questions about what is selling and what is not and what prices these listings are selling for I figured I would start posting current market statistics. This page contains local sales stats for Santa Rosa California Real Estate? Following are the stats for the February 2009 market as well as what is currently available in the Santa Rosa residential real estate market. Residential meaning, Single Family Homes as well as Condos Farms/Ranches.

As of Today March 17, 2009 Santa Rosa has the following:

1127 Active Listings with:

List Price Range $65,500 - $10,900,000

Average List Price $475,691

Median List Price $300,000

Of these 1127 listings, 305 are Bank Owned aka REO or Foreclosure properties & 470 are Short Sales

Out of these 1127 Listings, 499 are in Escrow in the "Contingent" status:

List Price Range $65,500 - $1,175,000

Average List Price $287,789

Median List Price $265,000

Of these 499, 144 are Bank Owned & 282 are Short Sales

Of these 1127 Listings, 102 are In Escrow in the "Pending" status i.e. All Contingencies have been removed:

List Price Range $92,000 - $4,700,000

Average List Price $363,684

Median List Price $262,400

Of these 102, 62 are Bank Owned & 14 are Short Sales

190 Listings Sold i.e. Closed Escrow During the month of February 2009:

List Price Range $65,000 - $2,950,000 * Selling Price Range $70,000 - $2,800,000

Average List Price $316,130 * Average Selling Price $309,122

Median List Price $264,900 * Median Selling price $260,000

Of these 190 listings, 118 were Bank Owned & 30 were Short Sales

Santa Rosa has been following suit of being heavily loaded with bank owned (foreclosed homes) and short sale listings. As you may note while going over these stats there will usually be a larger number of short sales in escrow but when it comes to the numbers of listings that actually closed escrow and sold the numbers will be heavier on the bank owned/REO side.

What Does All This Mean?

Considering the current available volume of listings and that we have been consistently selling approx 222 listings a month, Santa Rosa has 5 months of inventory. If I break these numbers out further, we have about a 2.5 month inventory of Bank Owned homes and a 18 month inventory of Short Sales.

Have I Missed An Important Piece of Information You Were Hoping To Find?

Upon Request I am happy to further drill down these stats to a more specific neighborhood within Santa Rosa, such as The McDonald District, or Montgomery Village as examples.

Please come back mid month next month for the March stats.