Things have continued to be a little slow up here on the coast and 50% of our sales have been REO's or foreclosures. Listings are down this month and are equal to the number of new escrows so inventory is not growing and the number of new REO's coming on has slowed quite a bit. Both of these signs are good. Summer is here and this is out busy time. The weather is fabulous and we are looking to a GREAT July!!
Home Sales: Iversen (1) $339,000, The Sea Ranch (6) $251,000 - $527,250, Timber Cove (1) $130,000
Home Pendings: Anchor Bay (1) $208,500, Gualala (2) $239,000 - $622,000, Iversen (1) $735,000, The Sea Ranch (5) $389,000 - $7785,000.
New Listings: Anchor Bay (2) $229,000 - $569,000, Gualala (2) $347,000 - $375,000, Manchester (1) $1,395,000, The Sea Ranch (5) $499,000 - $1,375,000.