Petaluma Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
-1.1% YoY
Median Price/Sqft
1.9% YoY
No. of Transactions
25% YoY
County Median Sale Price
-1.3% YoY
In Q3, the median home sale price in Petaluma was $900K, a change of just -1.1% year-over-year. A total of 170 properties changed hands, up 25% compared to the same period last year. In Q3, the median price per square foot was $539, a change of 1.9% Y-o-Y. Meanwhile, the median sale price for Sonoma County homes was $790K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Sonoma County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Healdsburg | $1,125,000 |
| 2 | Sebastopol | $1,115,000 |
| 3 | Sonoma | $977,500 |
| 4 | Petaluma | $900,000 |
| 5 | Windsor | $786,000 |
| 6 | Rohnert Park | $745,000 |
| 7 | Santa Rosa | $745,000 |
| 8 | Cloverdale | $612,245 |
Residential Property Types Sold in Petaluma
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $550K | -16.3% | $485 | 10.7% | 9 |
| House | $915K | -2% | $541 | 1.1% | 161 |
The median sale price for houses in Petaluma in Q3 was $915K, showing no significant change year-over-year. Petaluma condos on the other hand, showed negative pricing trends, declining -16.3% year-over-year. As a result, the Q3 median sale price for condos in Petaluma was $550K.
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