We are enjoying lots of buyer activity and beautiful weather on the coast right now. Real Estate this past month was interesting with new listings falling way off to only 8 and new escrows shot up to 14! After being in Santa Rosa yesterday at 102 degree temperature, I was reminded why people love being on the coast. While this ideal weather holds, we can expect to see the continued flurry of buyer activity we are now experiencing. What a combination, historic low interest rates and bottom of the market prices...time to act for sure!
Home Sales: Gualala (2) $205,000 - $253,000, Irish Beach (1) $249,900, The Sea Ranch (6) $359,295 - $779,000
Home Pendings: Annapolis (1) $849,200, Irish Beach (1) $395,000, The Sea Ranch (11) $349,000 - $899,000, Timber Cove (1) $275,000
New Listings: Annapolis (1) $315,000, Elk (1) $925,000, Gualala (10) $1,475,000, The Sea Ranch (4) $149,000 - $1,195,000