Petaluma Real Estate Market Dynamics

The road to summer is in full swing and there are 80 units currently active in Petaluma.  Current active units 6/4-6/10 in Petaluma West sit at 50 with a median price of 1,037,450.  There are 8 new units this week with a median price of 815,500.  There are 4 units under contract in Petaluma West with a median price of 799,500.  Finally 5 units sold last week with a median price of 917,500.  

Current active units in Petaluma East sit at 30 with a median price of 805,000.  There are 8 new units this week with a median price of 712,500.  3 units went under contract last week with a median price of 800,000,  Finally 7 units officially sold with a median price of 650,000.

Petaluma continues to be a very competitive housing market, but not impossible top get into.  With the amount of units we see active we are finally starting to some homes sit on market for 15…30…45 days. 

Thanks for Reading

Mike Ward | Petaluma Realtor