Bodega Bay Market Update for October 2019

 
Homes
A decent pick-up in activity in October with five new escrows opened. Four of these were in Bodega Harbour, ranging from $875,000 to $1,199,000, and one was in the Village, listed at $725,000. You can view these homes here and will note two of them have already closed escrow. The third home that closed escrow this month was a new build (actually a remodel, but essentially from the ground up) overlooking Wrights Beach which sold for $1.3M after five months on the market (details here).
 
Land
There were no land sales this month. Eight parcels closed escrow over the twelve months ending October 31, 2019, for a median sale price of $277,500. The range in price was wide, however – from $75,000 (Salmon Creek) to $1,175,000 (Coleman Valley Road). For the same period ending October 31, 2018, there were twelve sales for a median price of $332,000 and a range from $150,000 to $938,200. At present, there are just nine residential parcels for sale in Bodega Bay, ranging from $225,000 to $629,000, plus a 12-acre commercial parcel on Eastshore Road which is listed at $1,495,000.
 
More Info
As always, if you would like more details, feel free to call and don’t forget to check our website for all of the latest listings and market reports.

Click here for a real-time Market Report for Bodega Bay

 

BB Summary for October 2019