Cloverdale is an area that is on the rise as people start looking north of Healdsburg. The following data highlights the core metrics for the Cloverdale market, automatically updated each month. Care needs to be taken in drawing conclusions because there are important factors to consider relating to sales volumes (and the statistical significance of the data) and the size of the lot in relation to the house.
This chart shows the number of properties that are on the market each month compared to the number that are sold each month.
Below shows the total number of properties sold each month as well as the number of new listings coming on to the market each month.
The next chart shows the average sale price to list price for all properties sold in Cloverdale. In other words, if a property sells for the average sale price to list price ratio, what discount might get. This clearly depends on the property and the natural supply and demand for that property.
The chart below shows the average number of days on market before a property is “sold”. Bear in mind this includes a 30 – 45 days escrow period. If properties are typically selling in 90 days, this would indicate properties are getting an offer accepted on them in 6-8 weeks.
The next chart shows the average $ per sq ft. This is a reliable indicator for a suburban property, but becomes artificially high for a rural property with large valuable acreage.
This final chart shows the median price for which a property sells.