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 4/1/2017

It is Springtime again and on the coast that means bright green hillsides and baby lambs.  March was VERY BUSY for real estate!  There were 30 new listings, compared to only 7 the month before and 9 of those 30 new listings are already in escrow. There was a total of 20 homes that went into escrow and closed sales totaled only 5 due to the slow months of Jan and Feb.  Lots sales stayed about the same with 3 closed sales, 11 new listings and 4 new escrows.  Higher interest rates are coming, don’t put it off if you have been thinking about getting coastal property.
                                 NEW LISTINGS
Anchor Bay- 3      $325,000  – $434,500           
Annapolis-0
Elk– 2   $1,395,000 $1,395,000                                                                                                
Gualala-2  $379,000 (in escrow) –  $730,000       
Irish Beach-3        $450,000 – $565,000 (in escrow)                             
Iversen-4                $355,000 (in escrow) $695,000                    
Manchester-1               $850,000                                                                           
Point Arena– 0                                 
The Sea Ranch– 15     $485,000 -$1,300,000    
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.