May always signals the beginning of the season for us. The rain is usually over and Memorial Day is just around the corner. Real Estate has continued to be very busy, listing are down a bit to 23 but new escrows shot up to 20 and closed sales were 14! Lots sales stayed about the same with 3 closed sales, but new listings went up to 19 and there were 9 new escrows. Higher interest rates are coming, don’t put it off if you have been thinking about getting coastal property.
Anchor Bay- 1 $478,000
Gualala– 4 $285,000 – $1,150,000 (in escrow)
Irish Beach-1 $575,000
Point Arena– 1 $330,000
The Sea Ranch– 14 $485,000 -$1,888,000
Timber Cove– 1 $475,000 (in escrow)