Garrett Burdick

Petaluma, CA

Single-Family Homes

Premier Properties Marin



Petaluma, CA

Tue Mar 26 2019
This week the median list price for Petaluma, CA is $832,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 68. Click here to stay informed with the Petaluma market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Petaluma, CA

Tue Mar 26 2019
This week the median list price for Petaluma, CA is $832,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 68. Click here to stay informed with the Petaluma market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Petaluma market.
Median List Price $832,000
Per Square Foot $441
Days on Market 91
Price Decreased 21%
Price Increased 0%
Relisted 1%
Inventory 68
Median House Rent $2,800
Most Expensive $5,250,000
Least Expensive $532,000
Market Action Index
Slight Seller's Advantage
42

Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,700,000 3,229 1 - 2.5 acres 3 3 21 1 1 111
$949,999 2,248 8,000 - 10,000 sqft 3 3 41 1 5 68
$765,000 1,880 4,500 - 6,500 sqft 3 2 46 6 1 73
$599,950 1,368 4,500 - 6,500 sqft 3 2 40 5 4 114