Bodega Bay Market Update for June 2018
Closings were high in June as we saw nine sales in Bodega Bay ranging from $660,000 to $2,025,000. The 12-month rolling median price in Bodega Bay continues to fluctuate in the $1M range, rising to $990,000 in June and is 20% higher than the same 12-month period ending June 30, 2017. Five of June’s sales were in Bodega Harbour including a sale on Kittiwake Court for $2,025,000. The Bodega Harbour median sale price now stands at $1,045,000.
New sales slowed somewhat with seven homes currently in escrow (two pending sales) with asking prices ranging from $380,000 in the Village to a Sereno del Mar home for $1,495,000 that is nearing the end of its construction. Bodega Bay home listings remain low at fifteen, ranging from $598,000 for a duplex on Bayflat Road to $1,850,000 for a successful vacation rental in Bodega Harbour.
There were no land sales this month.