Santa Rosa, CA - Local Housing Data - Summary

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Santa Rosa, Petaluma, CA

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Santa Rosa, CA Local News

  • Santa Rosa, CA - December 2013 - New Home Closings Swing Upward

    New home sales rose year-over-year in Santa Rosa, CA in December. Average prices of new homes moved up, rising 37.1%. Foreclosures as a percentage of existing home closings dropped, falling 6.3% percentage points.

  • Santa Rosa, CA - November 2013 - New Home Closings Remain Steady

    New home sales remained level from a year ago in November. Average prices of new and existing homes moved up, rising 27.9%. Mortgage amounts on new homes dropped 0.8%. Real Estate Owned (REO) closings as a percentage of existing home closings dropped, falling 9.4% percentage points.

  • Santa Rosa, CA - September 2013 - New Home Closings Stay Level

    New home sales remained level from a year ago in Santa Rosa, CA in September. Foreclosures as a percentage of existing home closings dropped, falling 10.8% percentage points. The percentage of new home closings belonging to single family homes rose, climbing 8.3% percentage points. Average prices of...

Freshest Numbers Show Prices of New Homes Rise in Santa Rosa, Sales Decline

Posted on: Apr 06, 2014 07:39:05 AM

Closings of new homes dropped year-over-year in January in the Santa Rosa, CA market, falling after a rise in December 2013. New home closings moved from 17 a year earlier to 13 after the figure moved from 12 in December 2012 to 26 in December 2013.

A total of 265 new homes were sold during the 12 months that ended in January, down from 269 for the year that ended in December.

13 of the 361 total closings were new home closings, a shift on a percentage basis from 17 out of 438 a year earlier. For new and existing homes, closings dropped in January after also declining in December year-over-year.

Pricing and Mortgage Trends

The average price of new homes was $496,162, an increase from $405,235 a year earlier. This was on the heels of a 36.1% hike in December year-over-year.

Average mortgage size on new homes went from $341,307 a year earlier to $417,201. Average mortgage size on new homes went from $365,437 in December 2012 to $428,999 in December 2013.

 
 
 

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