| We analyzed 10 major cities in the North Bay Market. | | | | Compared to last November buyers were much more |
| Sales of November 2009 were compared to | | | | willing to pay close to List Price this year with homes in |
| November 2008 | | | | some cities selling above List Price. American Canyon |
| Median Price Change in Home Prices | | | | Homes were selling at 96% of List Price last |
| Out of the 10 cities analyzed from the North Bay only | | | | November whereas this November the median home |
| four cities suffered a decline in median home prices | | | | in American Canyon sold for 101% of List Price. That is |
| from last year.The cities are as follows, Sonoma | | | | a sharp contrast from last year and American Canyon |
| Homes (-7.89%), Vallejo Homes (-7.33%), Petaluma | | | | is not the only city with such gains in North Bay. |
| Homes (-4.34%), and Rohnert Park Ca Homes for | | | | Novato Homes sold for 97% List Price last year as |
| Sale (-1.27%). The declines suffered are small and in | | | | compared with 100% this year, Rohnert Park Ca |
| single digits .In comparison, the other six cities | | | | Homes for Sale saw a change from 97% to 103%, |
| experienced gains with major winners being, Santa | | | | and the biggest change was seen in Vallejo Ca |
| Rosa Ca Homes for Sale (19.90%), San Rafael Homes | | | | Homes for Sale 97% to 105%. |
| (13.12%), Windsor Homes (8.72%), and American | | | | Number of Months Inventory |
| Canyon Homes (8.03%). | | | | The maximum inventory (in months) of Homes was |
| Median Days On Market | | | | Sonoma Homes (11.36 Months), Napa Ca Homes for |
| 6 of the 10 cities actually had homes for lower median | | | | Sale (9.00 Months), and Rohnert Park Ca Homes for |
| days on the market as compared to last year. That is | | | | Sale (6.79 Months). The lowest inventory was in San |
| also evident from the number of multiple offers being | | | | Rafael Homes (4.39 Months), Santa Rosa Ca Homes |
| received on individual homes and the number of | | | | for Sale (4.68 Months), and Novato Homes (5.29 |
| rejections buyers are receiving. 3 cities had double digit | | | | Months). |
| drop in median days the homes were on the market, | | | | Read detailed information on Santa Rosa Ca Homes |
| Windsor Homes (-30.15%), Vallejo Ca Homes for Sale | | | | For Sale , Napa Ca Homes for Sale ,Rohnert Park Ca |
| (-29.67%), San Rafael Homes (-20.21%). A majority of | | | | Homes for Sale and other major cities in Northern |
| the cities in the North Bay saw their houses on the | | | | California on our Blog |
| market for fewer days than last November; however, | | | | You can also access Santa Rosa Ca Homes For |
| 2 cities experienced double digit increases in their | | | | Sale for viewing the latest market inventory |
| median days on market, American Canyon Homes | | | | - Homes for sale for MLS Search, |
| (35.55%), and Sonoma Homes (12.40%). | | | | - Bank REO / Short Sale Search |
| Homes Sold | | | | - Foreclosure Search ( Outside MLS) |
| Overall the units sold last year in November 2008 | | | | - Just Listed Properties |
| were 668 homes as compared to 678 homes this | | | | - Income Properties (1-4 units) |
| year in November 2009. As you can see, there is a | | | | - Condo searches |
| small increase in the number of homes sold from last | | | | - New Construction Homes |
| year, however the difference is not large enough to | | | | In addition you will find comprehensive Lending |
| warrant one major explanation, it could be a number of | | | | information on FHA, VA, USDA, Conventional Loans. |
| factors. | | | | There are web pages for each major city in California |
| Sale Price vs. Listing Price (Are the Sellers receiving | | | | with loan products specific to the city including City |
| their Asking Price??) | | | | Down Payment assistance offered. |