Is Penngrove, CA 94951 a buyer’s or seller’s market?
Penngrove is a seller’s market. With about 3.7 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.7Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list94.9%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$543▼ −6.2% vs. last year
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Nearby markets
Annapolis 95412 — /sq ftBodega 94922 — /sq ftBodega Bay 94923Balanced $910 /sq ftCalistoga 94515Buyer’s market $797 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology