Petaluma, CA 94952 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. median sold price of $982,000 remains the primary indicator of recent transaction values in the market, and appears to represent realized pricing even as listing expectations remain higher; use sold prices to set valuation.
2. There is a noticeable gap between median listing price of $1,750,000 and the median sold price, which suggests pricing friction and may indicate sellers are testing the market rather than transacting at asking levels.
3. median days on market of 325 signals slower sales velocity and extended time-to-contract relative to a fast-turn market, which may pressure asking prices despite a hot market temperature designation.
4. Market dynamics show a down price year-over-year trend alongside a up rent year-over-year trend and elevated interest rate pressure (current 30-year fixed rates ~6.5%), implying strengthening rental demand supports cash-flow strategies while mortgage cost pressure weighs on buyer affordability.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.