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
Great presentation of statistics. Thank you for update.