R6 NorthBayHousesForSale.

com | Petaluma Argus-Courier | THURSDAY, FEBRUARY 1, 2018

HOME PRICES Petaluma and Penngrove Real Estate Trends

BY REBECCA CELLI, BROKER ASSOCIATE,
CELLI GROUP FINE PROPERTIES WITH
are willing to pay more. Rents continue to be high. Will the
current interest rate hikes effect the buyers in the market today?
MEDIAN HOME PRICES CENTURY 21 BUNDESEN Will the new tax laws effect our local market? So far, the clients
California home price closes year I am working with are buying and selling based on where they
MENDOCINO COUNTY LAKE are in life, which has traditionally been the driving force of
A Cloverdale COUNTY on high note as sales moderate in residential real estate.
SONOMA 101 December; housing market posts
COUNTY
1 solid performance in 2017, Petaluma and Penngrove Today
3 miles
C 128 C.A.R. reports YTD 21 single-family residences and condos closed escrow in
Healdsburg
Petaluma and Penngrove combined. The East side had 11 homes
E NAPA Looking 5 years back the visual of the
close in the last week and the West 9. 1 property closed escrow
Timber Windsor COUNTY inventory disappearing is clear. 2017
Cove B D in Penngrove. 40 homes are currently in escrow. 9 properties
Guerneville H compared to 4 years ago shows a 55.8% decrease in homes
G went into escrow since last Tuesday. November’s median home
116 for sale in the 4th quarter of the year. We did see a slight
Jenner Santa Rosa price was $730,000, the highest since May and 30.1% higher
F J K increase in closings and pended sales between 2016 and than November 2015, just 2 years ago. December showed a
Sebastopol I 12 2017. All the economic forecasts I have read are indicating
116 decline from November but Year to Year there was an increase
Bodega Rohnert Park there will be slightly more inventory in 2018. So far closed from $650,000 to $691,000.
Bay Cotati Sonoma
N O sales in January have outpaced January sales in 2016 by 8.
N L Currently there are 39 Active listings in Petaluma and Penngrove
M 116 There were 13 closed sales for January 2017 and we are
1 Petaluma combined. 15 properties came on since last Tuesday which is
currently sitting at 21. Demand is high. Homes that were
PACIFIC OCEAN double what it has been each week. No listings came back on
MARIN longer on the market are getting multiple offers now. Buyers the market after being temporarily withdrawn or falling out of
COUNTY 101
37 escrow. 7 homes are available under $600,000, 15 homes from
$600,000 to $999,000 and 15 over $1,000,000 including ranch/
farm inventory. Inventory is needed desperately to fill not only
Sonoma County prices Dec-2017 Dec-2016 Dec Sales
the needs of those moving within Petaluma but the fire victims
A Cloverdale $667,500 $500,000 10 as well. In just the past week the majority of showings that I
B Sonoma Coast $722,500 $742,500 18 saw were fire victims that have decided the rebuild was just too
much for them. Are you moving today? Call your local Realtor
C Healdsburg $731,000 $865,000 24
and take advantage of the demand!
D Russian River $425,000 $393,750 13
* All reports are published January 2018, based on data
E Windsor $620,000 $562,500 22 available at the end of December 2017. All reports presented
F Sebastopol $955,000 $747,500 23 are based on data supplied by BAREIS MLS. Neither the
Association nor its MLS guarantees or is in anyway responsible
G NW Santa Rosa $551,301 $465,000 42 for its accuracy. Data maintained by the Association or its
H NE Santa Rosa $880,000 $754,350 49 MLS may not reflect all real estate activities in the market.
I SW Santa Rosa $526,500 $465,000 14 Information deemed reliable but not guaranteed.

J
K
SE Santa Rosa
Oakmont
$690,000
$658,000
$587,000
$650,750
30
17
HOME SALES
Sales of single-family homes recorded 1622 Shern Way, $755,000 2132 Pebblewood Ct, $551,000 Sonoma
L Petaluma West $781,500 $810,000 12
in Sonoma County for the week of Rohnert Park 2868 Blacktail St, $585,000 17932 San Jacinto Dr, $500,000
M Petaluma East $660,000 $565,000 17 Dec.10. 4559 Heron Ct, $150,000 895 Yuba Dr, $590,000 181 Saint James Dr, $600,000
N Rohnert Park, Cotati $555,000 $525,000 31 Bodega Bay 1350 Gaspar Ct, $342,273 1964 Yellow Rose Ln, $601,000 20233 Garry Ln, $625,000
1345 Bay View St, $595,000 412 Anson Ave, $453,000 1933 Calavaras Dr, $615,000 747 Amherst Cir, $675,000
O Sonoma $1,045,000 $868,000 33
1530 Ranch Rd, $599,000 4367 Goodson Way, $470,000 2210 Brookwood Ave, $630,000 730 Oak Ln, $995,000
1846 Whale Ship Rd, $1,080,000 731 Bernadette Ave, $525,000 357 Pythian Rd, $656,000 385 Moon Mountain Rd, $1,850,000
MEDIAN PRICES BY MONTH Cloverdale 8019 Mainsail Dr, $535,000 5255 Carriage Ln, $700,000 The Sea Ranch
Single-family home resales Sonoma Co. Bay Area California 411 Merlot Dr, $469,000 5754 Davis Cir, $535,000 3474 Chanate Ct, $705,000 35830 Sea Ridge Rd, $764,000
128 Wisteria Cir, $599,000 5732 Dexter Cir, $715,000 4493 Bennett View Dr, $760,000 61 Galleons Reach, $1,190,000
December 2017 $669,500 $885,030 $549,560 307 Laurel Ct, $769,000 Santa Rosa 4919 Occidental Rd, $767,000 Windsor
November $655,000 $910,350 $546,820 Forestville 1342 Holly Park Way, $100,000
4335 La Granda Ln, $770,000 400 Quince St, $550,000
October $646,000 $892,720 $546,430 9189 Rio Dell Ct, $201,000 2016 Crimson Ln, $160,000
1058 Gaddis Ct, $810,000 9876 Blasi Dr, $562,000
Geyserville 525 Palm St, $430,000
September $619,090 $852,230 $555,410 334 Miramonte Way, $823,000 141 Elsbree Cir, $650,000
126 Renz Ln, $657,500 1922 Spinnaker Pl, $435,000
August $620,000 $856,200 $450,400 2416 Grace Dr, $830,000 170 Valencia Way, $740,000
Guerneville 2430 W College Ave, $440,000
5480 Diane Way, $865,000 6162 Lockwood Dr, $884,000
July $640,000 $898,880 $549,460 14551 Canyon 2 Rd, $250,000 1073 Stanislaus Way, $450,000
15840 Wright Ln, $396,000 2306 Holly Creek Dr, $470,500 152 Hop Ranch Rd, $910,000 1040 Elsbree Ln, $903,000
June $625,000 $908,740 $555,410 232 Valley Oaks Dr, $982,500 Sales reported to the Sonoma County
Healdsburg 2243 Truckee Dr, $480,000
May $625,000 $899,730 $550,080 2655 Rio Lindo Ave, $1,500 3134 Spring Creek Dr, $482,000 551 Wikiup Dr, $995,000 recorder and distributed to The
220 Fuchsia Way, $605,000 635 Plum Dr, $490,000 1455 Hawk Crest Pl, $1,050,000 Press Democrat by First American
April $615,000 $895,490 $537,920
573 Alexander Valley Rd, $697,000 2816 Liscum St, $510,000 5769 Marsh Hawk Dr, $1,135,000 Real Estate Solutions, a real estate
March $635,000 $837,720 $517,490 Sebastopol services company based in Anaheim.
Jenner 2506 Doughty Way, $522,000
February $601,000 $784,470 $478,570 22124 Highway 1, $3,300,000 2712 Morgan Creek St, $525,000 9966 Chestnut Ln, $675,000 Sales without prices not included
January $580,000 $730,200 $489,680 Monte Rio 141 Massimo Cir, $535,000 980 Lillian Way, $815,000 in this list. To search an interactive
21492 Rio Vista Ter, $425,000 1262 Phyllis St, $535,000 1692 Bloomfield Rd, $955,000 database of Sonoma County home
December 2016 $585,000 $775,820 $510,560
Petaluma 923 Spencer Ave, $535,455 1065 Saint Helena Ave, $1,015,000 sales since Jan. 1, 2004, go to
1495 Capri Ave, $564,000 2348 W Steele Ln, $550,000 770 Tilton Rd, $1,175,000 www.pressdemocrat.com/datacenter