Market Summary for March 2010

As expected, we're still seeing some downward pressure from the REO's that have been snapped up lately and you'll see that the median price in Bodega Bay has dropped to its lowest level since July 2003. However, what we're seeing this month is a sign that more expensive properties are beginning to get some interest. All three Bodega Harbour homes put into escrow were over $750K - expect to see more of this in April - and activity seems to be steadying a bit after LOTS of fluctuation. This continues to be a good time to buy.

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