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.”