Thinking of selling your Petaluma or Penngrove home and moving up? Now is a great time to sell! Lower inventory of luxury homes for sale means more competition and higher sales prices.
Even though the rest of the country saw dips in the market following the presidential election, Petaluma California real estate shows no signs of being effected. In fact, property listings and prices have increased while days on the market have decreased.
Focusing on the Petaluma and Penngrove Sononma CA real estate markets, YTD 72 single-family homes, condos and 1 farm have closed escrow. They have a combined total of 48 current listings,
The 2017 inventory predictions from the national and state associations were relatively flat. However, the Petaluma CA real estate market must have a mind of it’s own!
A new trend for the Petaluma Housing Market! New listings increased by 28% from December 2016 to January and pending sales went up an amazing 63%! Even the Median price increased from $640,000 in January 2017 compared to $578,000 in January 2016.
Spring is right around the corner and more homes are being listed each week. If you are considering making a move, beat the real estate rush! Get statistics for Petaluma and Penngrove and expert insight from Realtor & Broker, Rebecca Celli.
SoCal is up while NoCal is down a bit, just a few of the California real estate stats from the California Association of Realtors December report.
Petaluma, just north of Marin County, and Sonoma County Real Estate both saw increases in median price when comparing Q4 of 2016 to Q4 of 2015. A much different and more positive trend than reported for Marin County.
A possible rise in rates this year and the lack of affordability could be the greatest challenge for Real Estate Listings in 2017. Read on for more!
Rising mortgage interest rates may prove it difficult to navigate home buying and selling in 2017. Is it enough to decrease housing affordability?