Friday, March 3, 2023

Market Statistics


 So, personally I do not agree with these current statistics, because Mendocino County saw far less homes sell last year than what this is saying.  Sonoma County also saw many, many less homes sell.  Doesn't mean all the prices dropped, although some certainly did.  I saw areas of Mendocino County drop 10% plus depending on the circumstances.  Sonoma County has slowed down, but theirs is reflected in fewer multiple offers and less homes going for over asking...  and some who reached too high are having to lower their price.  

When statistics are run, they generally-- in my opinion-- should automatically kick out the highest and lowest, and the upper price ranges unless that is specifically what is being looked at statistic-wise.  After that, the average and median will have a much better and more accurate range.  As for the number of sales, I honestly don't know what the California Association of Realtors was looking at, but we did not just see a 12% drop in sales!

Now we are March, looking to this spring and summer and how the economy and interest rates will be affecting the buyer interest...


Karena Jolley, Full-Time Realtor 

Karena has been a full-time Realtor since 2005 providing extensive knowledge of homes and land in the inland Mendocino County and Western areas of Lake County with a consistently high production record of both listing and selling. Karena began working with Kelsi Ryan in 2013 and their teamwork was honored with the Realtor’s 2018 award for best team! Using our business and service backgrounds, our clients benefit from our communication, organization and marketing skills and are able to feel comfortable and informed every step of the way. With our years of experience in pre-listing preparation, negotiating skills, contract knowledge, we help you plan and achieve the best terms possible for your purchase or sale. In 2016, Karena’s son Tristan was born, making him the youngest member of the team, and he continues to help in his own way! We are looking forward to meeting you, and we shall be here for you long after the transaction is over.  View my listings at MendoHomes.com

Areas served:

Willits, Ukiah, Calpella, Talmage, Laytonville, Hopland, Potter Valley, Redwood Valley, Upper Lake, Lakeport, Kelseyville, Nice, Lucerne


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