Bodega Bay Market Update for October 2019
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)
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.
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.