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Bodega Bay, Sonoma County CA April 2009 Sales Statistics

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Real Estate Agent with Artisan Sotheby's International Realty Lic# 01485329

Interested in current market statistics for the Bodega Bay area of Northern California Real Estate?   Following are the April 2009 Bodega Bay Market Stats as well as what is currently available in the residential real estate market.    Residential meaning, Single Family Homes as well as Farms/Ranches.  

As of Today May 23, 2009 Bodega Bay currently has:

51 Listings:

List Price Range $200,000 -  $4,975,000 

Average List Price $978,164 

Median List Price $795,000 

Of these listings, 4 are Bank Owned aka REO/Foreclosed properties & 5 are Short Sales

4 Listings In Escrow are in "Contingent" status:

List Price Range $200,000   -  $799,000 

Average List Price $493,250 

Median List Price $487,000 

Of these 4, 1 are Bank Owned & 1 is a Short Sale

0 Listings Are In Escrow are in the "Pending" status i.e. All Contingencies have been removed

3 Listings Sold i.e. Closed Escrow During the month of April 2009:

List Price Range $374,900 -  $1,099,000  * Selling Price Range $360,000  -  $965,000 

Average List Price $757,633 *  Average Selling Price $700,717 

Median List Price $799,000   *  Median Selling price $777,150 

Of these 3 listings, 1 was Bank Owned & 0 were Short Sales

We are seeing a few more bank owned and short sales on the market but as a whole this market is certainly not saturated with distressed property listings that we see in some other communities within Sonoma County.   Sebastopol, Penngrove & Healdsburg are three other locations that follow a similar scenario. 

A majority of the Bodega Bay market are second homes and often times sellers may want to sell but do not have the same sense of urgency and can wait the market out and will do just that.   Many of these homes are in the Vacation Rental Market and are bringing their sellers an income while they are being marketed to sell.  

I am happy to further drill down these stats to more specific neighborhoods within Bodega Bay, such as The Bodega Bay Harbour Development, or for other areas of Sonoma County upon request.

 

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