PETALUMA SONOMA COUNTY MONTHLY AREA REPORT MARCH 2018 ALL PROPERTY TYPES (SFH & CONDOS/TOWNHOMES)

SONOMA COUNTY | PETALUMA

MARKET SUMMARY

March 2018 | All Property Types (SFH & Condos/Townhomes)

Market Month to Date Year to Date Summary March 2018 March 2017 Percent Change Year-To-Date 2018 Year-To-Date 2017 Percent Change New Listings 63 67 -5.97%  163 168 -2.98%  Sold Listings 39 73 -46.58%  101 150 -32.67%  Median Listing Price $750,000 $685,000 9.49%  $719,000 $659,475 9.03%  Median Selling Price $795,000 $680,000 16.91%  $725,000 $662,000 9.52%  Median Days on Market 24 31 -22.58%  29 34 -14.71%  List/Sell Price Ratio 102.6% 101% 1.57%  101.4% 100.9% 0.48%  Average Listing Price $849,585 $769,911 10.35%  $811,715 $709,463 14.41%  Average Selling Price $855,490 $776,615 10.16%  $813,305 $714,193 13.88%  Average Days on Market 37 51 -27.45%  50 51 -1.96%

SOLD AND NEW PROPERTIES (UNITS)

March 2018 | All Property Types (SFH & Condos/Townhomes)

Sold Properties | Number of properties sold during the year New Properties | Number of properties listed during the year.

SONOMA COUNTY | PETALUMA

MEDIAN SALES PRICE AND NUMBER OF SALES

March 2018 | All Property Types (SFH & Condos/Townhomes)

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

March 2018 | All Property Types (SFH & Condos/Townhomes)

Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price. Number of Sales | Number of properties sold. Average Sales Price | Average sales price for all properties sold. Average Days on Market | Average days on market for all properties sold.

SONOMA COUNTY | PETALUMA

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE

March 2018 | All Property Types (SFH & Condos/Townhomes)

AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE

March 2018 | All Property Types (SFH & Condos/Townhomes)

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price. Average Sales Price | Average sales price for all properties sold. Properties for Sale | Number of properties listed for sale at the end of month.

SONOMA COUNTY | PETALUMA

PROPERTIES FOR SALE AND SOLD PROPERTIES

March 2018 | All Property Types (SFH & Condos/Townhomes)

AVERAGE ASKING/SOLD/UNSOLD PRICE

March 2018 | All Property Types (SFH & Condos/Townhomes)

Properties for Sale | Number of properties listed for sale at the end of month. Sold Properties | Number of properties sold. Unsold Price | the average active list price Asking Price | the average asking price of sold properties Sold Price | the average selling price

SONOMA COUNTY | PETALUMA

ABSORPTION RATE

March 2018 | All Property Types (SFH & Condos/Townhomes)

MONTHS SUPPLY OF INVENTORY

March 2018 | All Property Types (SFH & Condos/Townhomes)

Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property. Months Supply of Inventory | Properties for sale divided by number of properties sold. Units Listed | Number of properties listed for sale at the end of month. Units Sold | Number of properties sold.

The statistics presented in the Area Report are compiled based on figures and data generated by IDC global for the benefit of Coldwell Banker Residential Brokerage. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. IDC global obtains its data from various sources and has not been, and will not be, verified by Coldwell Banker. All information should be independently reviewed and verified for accuracy. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage cannot and will not investigate or verify the accuracy of the data accuracy. Data maintained by the MLSs may not reflect all real estate activity in the market. Owned by NRT LLC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2018 Coldwell Banker. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company and Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office is Owned by a Subsidiary of NRT LLC. Real Estate Licensees affiliated with Coldwell Banker Residential Brokerage are Independent Contractor Sales Associates and are not employees of NRT LLC., Coldwell Banker Real Estate LLC or Coldwell Banker Residential Brokerage. CalRE License #01908304.