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Rohnert Park Homes for Sale | Rohnert Park CA Real Estate Market Report for January 2011

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Real Estate Broker/Owner CalBRE# 01433049

Rohnert Park Real Estate Market Report for January 2011

Rohnert Park, CA with a population of approximately 45,000 is located 50 miles North of San Francisco and 23 miles East of the Pacific Ocean. Rohnert Park is made up of "sections" which I affectionately refer to as Alphabet Soup. If you ask a resident of Rohnert Park where they live, don't be surprised if they say "In the 'M' section".

Every street name in the 'M' section begins with an 'M'. Every street name in the 'C' section begins with a 'C' and so on. It helps to find a neighborhood, but finding the street is another matter. Crazy as it may sound, it works.

The statistic that surprised me the most in this report is the median sold price for January 2011, which is down 33% from January of 2010. This is due to the fact that 16 out of the 29 Rohnert Park Home Sales were condos.

The graphs below will help you understand recent trends in the Rohnert Park Real Estate Market. Data for these graphs is derived from the Bay Area Real Estate Information System (BAREIS). Private sales, multi-family homes and mobile/manufactured homes are not included in this report. The data is believed to be reliable but not guaranteed.

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Median For Sale Vs. Median Sold:
The median price of homes for sale in January 2011: $239,950 (-4% compared to January 2010)
The median price of homes sold in January 2011: $177,900 (-33% compared to January 2010)

Rohnert Park Homes For Sale

 

New Properties by Month:
New properties listed in January 2011: 55 (+17% compared to January 2010)
Of these 55 new properties, 39 are distressed (71%)

Rohnert Park Real Estate Report

 

Under Contract Properties by Month:
Properties that had an offer accepted during January 2011: 44 (+83% compared to January 2010)
Of these 44 properties, 33 are distressed (75%)

Homes For Sale In Rohnert park

 

Sold Properties by Month:
Properties that closed during the month of January 2011: 29 (+4% from January 2010)
Of the 29 properties that closed, 20 were distressed (69%)
Average Days On Market was 93 days

Homes For Sale In Rohnert park

 

For Sale Properties by Month:
Properties for sale in January 2011: 192 (+32% compared to January 2010 )
Of the 192 properties for sale, 137 are distressed (71%)
Average Days On Market is 112 days

Rohnert Park Real Estate Market Report

 

Posted by

 

Cynthia Larsen (707-332-2560) is an independent real estate referral broker in Sonoma County, California as well as a Certified Probate Real Estate Specialist.

CA Broker License #01433049

Comments (7)

Nevin Williams
Fairway Independent Mortgage Corporation - Cary, NC
Senior Mortgage Advisor

Cynthia - nice detailed market report!

Feb 16, 2011 12:39 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Cynthia, VERY thorough report!  Nice work :)

 

Feb 16, 2011 01:08 PM
Cynthia Larsen
Cotati, CA
Independent Broker In Sonoma County, CA

Nevin - thanks!

BLiz - thorough and dry! I think the Gwen Banta in me is about to reveal herself in these market reports :)

Feb 16, 2011 02:11 PM
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

She has somehow escpaed our circle, thanks for the reference link to obliterate my cluelessness :)

Funny stuff!

Feb 16, 2011 02:20 PM
Cynthia Larsen
Cotati, CA
Independent Broker In Sonoma County, CA

BLiz - look for Gwen on Fridays. She always does MLS bloopers once a week and should be a stand-up comic IMHO!

Feb 16, 2011 02:34 PM
Kim McMahon
Executive Realty Group - Skokie, IL

Cynthia ~ between you and Jane I stand in awe or your graphs!!!  They look awesome!!  Do you see biz from these?

Feb 17, 2011 08:25 AM
Cynthia Larsen
Cotati, CA
Independent Broker In Sonoma County, CA

Kim - Thank you!! I just started doing Market Reports this month. I hope I can answer with a "yes" someday.

Feb 17, 2011 10:33 AM