After a slow first half, August turned out to be one of the busiest months in a decade with seven sales in Bodega Bay…plus twelve homes received accepted offers in August! And for the first time that I’ve ever seen (John’s been around a LOT longer so he may have experienced it before), there are now more homes in escrow than for sale in Bodega Harbour.
Four of the August sales were in Bodega Harbour, two were in Sereno del Mar and one was on Cliff Ave. The median sale price for August in Bodega Bay was $997,500, putting us in reach of the previous market peak of $1,030,000 in June 2006.
This leaves only 18 homes for sale in all of Bodega Bay with a median asking price of $972,000 – ranging from a $439,000 fixer in the Village to a $2.45M home in Bodega Harbour.
Land sales continue to lag with only one sale in August – a Bodega Harbour lot that closed at $325,000.
As always, if you would like more details, feel free to call and don’t forget to check our website for all the latest listings and market reports.