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!

Monthly Market Update 5/1/2017

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.
                                 NEW LISTINGS
Anchor Bay- 1             $478,000             
Annapolis-0
Elk– 0                                                                                                                                                                             
Gualala– 4                    $285,000 – $1,150,000 (in escrow)       
Irish Beach-1               $575,000                              
Iversen-1                      $1,525,000                    
Manchester-0                                                                                          
Point Arena– 1             $330,000                                 
The Sea Ranch– 14     $485,000 -$1,888,000    
Timber Cove– 1           $475,000 (in escrow)          
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.