Wow, 22 days out of 28 days in February we had rain! Except for the fact that we still need the water, I would say “enough already”. Despite all the wet weather, there were 8 new escrows. Listings stayed very slow at only 7 and there were 12 closed sales. This of course is normal for this time of year but we should see a big uptick here in the next few months. Lots sales dropped to 3 and new listings went up to 10, there were 2 new escrows. Rumors of higher interest rates, don’t put it off if you have been thinking about getting coastal property.
Anchor Bay 0
Gualala– 2 $489,000 – $659,000
Irish Beach-3 $979,000 – $1,385,000
Point Arena– 0
The Sea Ranch– 2 $725,000 (in escrow) -$1,250,000
Timber Cove– 0