Cotati real estate demand benefits from the presence of Sonoma State University. Student pressure for housing along with the faculty and their families provides a continual stream of new residents in town. Condos are more prevalent here and in Rohnert Park than in towns like Windsor without big student populations. The demand for many bedrooms for shared housing has also propped up the 4 and 5 bedroom home portfolio in town.
REO listings have been a big part of the market in the last few years, but inventories of Rohnert Park and Cotati REO residences have declined relative to their overall share of the market. As of the end of April, 2010 there were only 11 active REO listings out of 55 total single family residences (both condos and houses are included in that count) that were active and available in the area.
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