Cotati Real Estate Market Extends Downward Trend in Home Sales

The Cotati market is experiencing a pronounced pullback, but sales managed an uptick this week of 16.7% to seven homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price rose to $508,000, up from last week's $475,250. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Cotati is a definite seller's market.

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Demographic facts about Cotati:

  • The total number of vacant homes in the area is 5.2%.
  • The area gets 257 sunny days a year. (U.S. average: 205)
  • For every librarian there are 4,782 students in this area. (803 = national average)

Data reported through 10/12/2016

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CENTURY 21 Bundesen
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