Coastal Market Review

MONTHLY MARKET UPDATE 9/1/2015

Living on the Coast is such fun and having summer come to an end is always a little sad, but we have magnificient Fall weather to look forward to and still many vistors coming here.  The real estate market continued to be very active with many homes selling as they came into the market.  In total there were15 new listings, 15 new escrows and 14 closed sales.

Home Sales: Gualala (4) $130,000 - $825,000, Irish Beach (1) $280,000, The Sea Ranch (9) $338,750 - $1,317,000

Home Pendings: Gualala (4) $329,000 - $619,000, Iversen (1) $625,000, Point Arena (2) $255,000 - $375,000, The Sea Ranch (7) $450,000 - $1,349,000, Timber Cove (1) $1,395,000

New Listings: Annapolis $949,950, Elk $1,475,000 - $3,100,000, Gualala (4) $329,000 - $899,000, The Sea Ranch (8) $549,000 - $1,395,000

 

 

MONTHLY MARKET UPDATE 6/01/2015

HOLD ON TO YOUR HATS!! Things are really picking up here on the North Coast!  Last month there were16 closed sales, 13 new escrows and 27 new listings ( 7 of which are already in escrow!)  Land Sales are also picking up with 9 closed sales, 10 new escrows and 18 new listings.  Where many areas of the state have seen escalating prices, we are finally seeing price gains BUT we are still recovering from 2007 so it's an opportunity to get a bargain!

Home Sales: Gualala (1) $185,250, Irish Beach (1) $396,500, The Sea Ranch (14) $529,000 - $1,599,000

Home Pendings: Gualala (3) $203,500 - $299,000, Point Arena (1) $299,000, The Sea Ranch (9) $399,000 - $1,175,000

New Listings: Anchor Bay (1) $760,000, Gualala (3) $225,000 - $995,000, Irish Beach (2) $515,000 - $574,000, Iversen (1) $649,000, Point Arena (2) $325,000 - $1,795,000, the Sea Ranch (18) $399,000 - $3,500,000.

 

MONTHLY MARKET UPDATE 10/1/2014

I LOVE the coast!  We are being treated to huge waves, glorious sunsets and beautiful weather!  The town is still filled on the weekends and many activities are still going on.  Come for a visit!!  On the real estate front, new listings were WAY DOWN to only 9, new escrows stayed at 12 and closed sales also stayed constant at 9. 

Home Sales: Gualala (5) $250,000 - $1,195,000, Iversen (1) $290,000, The Sea Ranch (3) $479,500 - $690,000

Home Pendings: Elk (1) $350,000, Gualala (4) $149,900 - $995,000, Iversen (2) $245,000 - $1,295,000, The Sea Ranch (5) $505,000 - $795,000

New Listings: Anchor Bay (3) $325,000 - $450,000, Gualala (2) $425,000 - $649,000, Irish Beach (1) $1,000,000, Manchester (1) $3,500.000, The Sea Ranch (2) $505,000 (in escrow) - $659,000

 

MONTHLY MARKET UPDATE 09/01/2014

Labor Day signals the end of the summer season here on the coast, but there is plenty more activity in the Fall.  Some of our most beautiful weather happens in Sept and Oct and the pace is a little slower but there are still many visitors coming to the coast.  August turned out to be a little disappointing since this is typically one of our biggest selling months with only 12 new escrows.  Closed sales were up to 13 and new listings down to 16.summer season

Home Sales: Anchor Bay (1) $565,000, Elk (1) $820,000, Gualala (1) $617,745, The Sea Ranch (8) $328,000 - $1,680,000, Timber Cove (2) $375,000 - $385,000

Home Pendings: Anchor Bay (1) $459,000, Gualala (4) $299,000 -$625,000, Iversen (1) $245,000, The Sea Ranch (6) $479,000 - $949,000

New Listings: Elk (2) $595,000 - $1,465,000, Gulalala (3) $339,000 - $599,000, Iversen (1) $425,000, The Sea Ranch (9) $289,900 - $1,475,000.

Monthly Market Update 07/01/2014

June is always a quiet time for real estate up here because of graduations and weddings and this past month ws no exception.  New listings fell from 25 to 18 and new escrows from 12 to 9.  We are looking forward to the usual upswing in activity this month and on through the summer as visitors pack the coast!

Home Sales: Anchor Bay (1) $249,000, Elk (1) $650,000, Gualala (3) $171,500 - $425,000, Irish Beach 91) $250,000, The Sea Ranch (8) $345,000 - $815,000, Timber Cove (1) $349,000

Home Pendings: Anchor Bay (1) $595,000. Elk (1) $849,000, Gualala (1) $640,000, Irish Beach (1) $295,000, The Sea Ranch (5) $335,000 - $945,000

New Listings: Annapolis (1) $625,000, Anchor Bay (1) $280,000, Elk (1) $750,000, Gualala (4) $349,000 - $749,000, Iversen (2) $249,000 - $329,000, Point Arena (1) $699,000, The Sea Ranch (8) $335,000 - $829,000.

MONTHLY MARKET UPDATE 05/01/2014

It's still time to buy on the coast!!  While many parts of California are seeing shortage of inventories, multiple offers and higher prices, we are still just starting to rise out of the ashes of the economic crisis. Last year we saw record sales but prices were still low, this year we are again seeing record sales and prices are starting to move up, so if you've been waiting to buy, NOW is the time.  In April there were 25 new listings (5 of which immediately went into escrow), 20 new escrows and 13 closed sales.

Home Sales: Anchor Bay (1) 430,000, Gualala (2) $399,000 - $795,000, Irish Beach (1) $254,100, Point Arena (1) $230,000, The Sea Ranch (7) $429,000 - $839,000, Timber Cove (1) $312,000

Home Pendings: Gualala (2) $425,000 - $525,000, Irish Beach (2) $239,000 - $385,000, Iversen (2) $387,500 - $625,000, Manchester (1) $314,900, The Sea Ranch (13) $414,000 - $895,000

New Listings: Anchor Bay (2) $425,000 - $462,000, Gualala (8) $194,900 - $995,000, Irish Beach (1) $299,000, Manchester (1) $399,000, Point Arena (2) $245,000 - $375,000, The Sea Raanch (11) $479,000 - $2,100,00

 

 

 

Kennedy & Associates Celebrates Halloween

Each Year we have a free pumpkin "Give-away" for local children.  This year over 80 pumpkins were handed out.

 

MONTHLY MARKET UPDATE 7/1/2012

FIREWORKS AT THE POINT ARENA PIER

Happy 4th of July!  Summer so far has been filled with lovely sunny days and the beach and the river have been filled with people enjoying the activities.  This week, Gualala has fireworks at the Point Arena pier on Sat night and this Sunday at noon is the Point Arena Parade, a local favorite!

On the real estate front, escrows almost doubled to a total of 18  and new listings were down to only 15, closed sales were at 12.  If this trend continues we will have a great summer!

Home Sales: Anchor Bay (1) $170,000, Gualala (3) $200,000 - $850,000, Irish Beach (1) $175,000, Point Arena (1) $459,000, The Sea Ranch (7) $325,000 - $911,000

Home Pendings: Gualala (4) $250,000 - $454,000, Iveren (3) $299,000 - $399,000, Manchester (1) $1,725,000, Point Arena (1) $569,000, The Sea Ranch (8) '4385,000 - $605,000, Timber Cove (1) $349,000

New Listings: Anchor Bay (1) $170,000, Gualala (3) $200,000 - $850,000, Irish Beach (1) $175,000. Point Arena (1) $459,000, The Sea Ranch (7) $325,000 - $911,000.

The first Wild Azaleas and Wild Rhododendrons have bloomed

It's that wonderful time of year again when the forests become alive with Rhododendrons and Wild Azeleas.  A great time to plan a visit to the coast and the redwood forests!

AL the Albatross is Back!!!

Front page news, Al the albatross has returned for his (or her) 19th year!  People were beginning to get a little concerned because Al usually shows up in November.  This lone albatross spends the winter in the small coastal town of Point Arena and is a very unusual phenomenon.  Welcome back Al!