CMAR MLS 2018 First Quarter Stats

First quarter local real estate stats from the Coastal Mendocino Association of Realtors are in!

The real estate market is alive and well on the Mendocino Coast. From January through March there were a total of 56 closed sales (all types of properties: residential, land, business, commercial & manufactured homes in parks). 27 of those were homes in the MLS area of Fort Bragg (including Cleone and Inglenook). The average sale price was $457,344 with an average days on market of 201. In Mendocino there were 6 homes sold with an average sale price of $1,128,833 and average days on the market at 215 days.

Currently there are 123 homes for sale on our local CMAR MLS. That number can change daily. If you are looking to buy or sell on the coast call a local Realtor®.

Why use a Realtor®? – They take on fiduciary responsibility

When you work with a Realtor®, their fiduciary responsibility is to you, their client. That means you have an expert who is looking out for your interests. That’s big—the value of that commitment cannot be overstated. “For more than 100 years, Realtors® have subscribed to the NAR’s strict Code of Ethics as a condition of membership,” says National Association of Realtors® 2013 President Gary Thomas. “Realtors® have the expertise and experience to help sellers protect their investment and help buyers build theirs.”

Coastal Mendocino Association of Realtors Commemorates the 50th Anniversary of the Fair Housing Act

For decades, Realtors® – members of the National Association of Realtors® – have supported a free, open market that embraces fairness and equal opportunity for all buyers and sellers. Members of the Coastal Mendocino Association of Realtors strongly support the Fair Housing Act, legislation first passed in 1968 and now prohibits discrimination based on race, color, religion, sex, handicap, familial status and national origin.

This year, Realtors® from the Mendocino Coast will join Realtors® across the country to embark on a yearlong commemoration of the 50th Anniversary of the Fair Housing Act to raise awareness for fair housing issues.

“Realtors® continue to recognize the significance of this important act and reconfirm our commitment to upholding fair housing law, as well as our commitment to offering equal professional service to all in their search for a home or property. Realtors® work hard to build strong communities and neighborhoods where all people can live and prosper,” said Meghan Durbin, CMAR 2018 President.

Over the years, NAR has developed educational information on diversity and fair housing laws, programs and resources that have helped educate Realtors® across the country on the importance of inclusive housing practices and the promotion of diverse homeownership. During the yearlong commemoration, NAR will further examine community fair housing issues and advocate for changes to the Fair Housing Act to prohibit discrimination based on sexual orientation and gender identity.

Realtors® will focus on three key elements in 2018: acknowledging the organization’s changing role in the fight for fair housing, understanding how we as a nation are constantly improving our commitment to fair housing and ways Realtors® strive to lead efforts to address fair housing policy issues.

“Fair housing protects the American Dream of homeownership for all citizens, and the Coastal Mendocino Association of Realtors looks forward to commemorating the anniversary and supporting the development of healthy and diverse communities,” Durbin said.

For more information, visit www.FairHousing.realtor to learn about the commemoration, find materials and resources, and see what Realtors® are doing to advance fair housing. Additional information about CMAR and resources for homeowners, buyers and sellers can always be found on our website www.cmaor.org