Bodega Bay Market Update for June 2019

Homes
A very good month for new business – eight Bodega Bay homes had accepted offers during the month. Listing prices ranged from $535,0000 for a two bedroom one bath fixer in Salmon Creek to a $1.1M two-bedroom, two-bathroom also in Salmon Creek. It was quite the month for this tiny community as another home also had an offer accepted, this one listed at $1,050,000 – this could be a record. And just as surprising…only one of these eight escrows was a Bodega Harbour home. More details about these homes can be found by clicking here.
An average month for closed sales with four homes transferring to new owners. All but one of these were Bodega Harbour homes and you can learn more by clicking here.
Hopefully, we will have a busier second half for the year so we can keep the year-end from dipping below fifty sales for the year. The past several years has seen rising prices with flat sales numbers but now the median sold price is starting to plateau.
Land
There have been six lot sales so far in 2019 including a $180,000 Sereno Del Mar sale in June which had uncertain septic system options.

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 June 2019