Labor Day Weekend is just coming to an end and have we been BUSY! The weather has been beautiful and activities this past weekend included; The Studio Tour, The 9th Annual Harbor Festival and of course abalone diving! Town has been filled and the many "Open Houses" over the weekend enjoyed many visitors. Showings on properties have been at a high for all year, let's hope that translates into some new escrows.
The month of August showed new listings were down and sales jumped dramatically (from 4 to 10)! New escrows were about the same. Interest rates have stayed level for the past 2 weeks, maybe we are seeing the bottom in this area???? It's anyone's guess at this point, but it looks encouraging.
Homes Sales: Anchor Bay -1($475,000), Gualala -2($305,000 - $345,000), Point Arena -1($149,000), The Sea Ranch -6($615,000 - $1,425,000).
Home Pendings: Gualala -1($544,800), The Sea Ranch -5($435,000 - $895,000)
New Listings: Annapolis -1(895,000), Anchor Bay -2($349,900 - $459,000), Gualala -3($208,500 -$2,465,000), Irish Beach -1($595,000), Iversen -1($689,000), Point Arena -1($1,295,000) The Sea Ranch -8($575,000 - $959,000).