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!
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