Coastal Market Review: MONTHLY MARKET UPDATE 7/2/2009

The Sea Ranch

The Sea Ranch is a carefully thought out community of approximately 5000 acres. Located on the Northern Sonoma County coastline , it is internationally know and is the realization of a philosophy intergrating a community with the California coastal environment. Award-winning homes with natural wood exteriors blend with the land and the native plant landscaping. Amenities included beaches, swimming pools, tennis courts, a world class golf course, security patrol, an equstrian facility and a private airstrip. Enjoy these views of The Sea Ranch and it's breathtaking vistas! Located just 2 1/2 hours north of the San Francisco Bay Area, the Sea Ranch makes a wonderful weekend retreat or a place to live your life!

Gualala

The "village" of Gualala was once a thriving mill town and is now a vibrant commerical center with accommodations, resturants, galleries and quaint shops. Gualala os located on the Southern Mendocino Coast, an expanse of rugged coastline, where majestic redwoods, sunny open hillsides and dramatic ocean vistas enliven the senses.

Irish Beach

Irish Beach is a charming coastal community which is just a few miles North of Mancehster. The community has about 250 home sites. Over the past 30 years about 60% of the sites have had custom homes built but there are still some lots available. The community has private beach access to a 6 mile long sandy beach.

Point Arena

Point Arena was a bustling lumber and whaling port. Punta Arena, which means "sand port" in Spanish was one of the most active ports on the Mendocino Coast. 1879 records show that 2,300 tons of merchandise were shipped from the wharf. The town looks much the way it did in the early 1900's. Scenic farmland surrounds the city today, a large dairy is just to the North and cows and sheep are seen grazing as one travels along Highway One.

July 02, 2009

MONTHLY MARKET UPDATE 7/2/2009

HAPPY 4TH OF JULY!!! This is always a fun time on the coast with fireworks, the parade and a ton of visitors in town. Real estate has been seeing a lot more activity lately. Sales jumped again higher than last month and new escrows stayed at the high they reached last month so we are hopeful that we will have a good summer. There are still a few foreclosures hitting the market and those tend to keep prices low so we continue to see prices being lowered.

Home Sales: Gualala (3) $522,000 - $899,000, Iversen (1) $315,000, Point Arena (1) $435,000, The Sea Ranch (7) $450,000 - $875,000

Home Pendings: Gualala (4) $299,950 -824,995, Iversen (1) $315,000, Manchester (1) 399,000, The Sea Ranch (5) $375,000 - $3,750,000

New Listings: Anchor Bay (1) $549,000, Annapolis(1) $749,642, Gualala (6) $249,999 - $1,347,740, Iversen (1) 579,000, Point Arena (1) $499,000, The Sea Ranch (15) $380,000 (1/2 interest) - $999,949, Timber Cove (1) $459,000.

Posted at 04:38 PM in real estate | Permalink

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Coastal Market Review

Real Estate Market Updates for The Sea Ranch, Gualala and other coastal cities.

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