Sea Ranch & Mendocino Coast Real Estate 39040 S. Highway 1, PO Box 900, Gualala, CA 95445, (707) 884-9000 (O), (707) 884-9003 (F) Call now!

Market Update 3/1/2017

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.
                                 NEW LISTINGS
Anchor Bay 0             
Annapolis-0
Elk– 0                                                                                                                                                    
Gualala– 2                    $489,000 – $659,000       
Irish Beach-3               $979,000 – $1,385,000                             
Iversen-0                      
Manchester-0                                                                           
Point Arena– 0                                 
The Sea Ranch– 2       $725,000 (in escrow) -$1,250,000    
Timber Cove– 0          
Author: Cindy Kennedy, CRS, SRES

I feel very blessed to live and work on the North Coast! After having completed over 1,000 transactions and with over 30 years in business, I have to say that real estate is still a passion for me. I love the "art of the deal" and the wonderful people I meet. People always crave the personal touch. They look to me as the expert that can help them decipher the information, impart a local perspective, use my wisdom to give them sound advise, and consult and steer them through complex transactions in a smooth and stress-free manner.

I can be contacted at ckennedy@mcn.org.