Point Arena Real Estate Market Extends Downward Trend in Price Cuts

The Point Arena market saw sales remain steady this week at one home sold over the last 30 days, while it undergoes a recent downward trend in price reductions, with zero in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should take note that the median sales price in Point Arena stayed flat at $263,000 and that there are four months of inventory still available.

If you're looking for a more established home, then be sure to see these listings in Point Arena that were built before most others in the market:

$699K  

Get started right now by checking out Point Arena homes for sale or reviewing Point Arena real estate trends.

Demographic facts for Point Arena:

  • The population growth rating is 48. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $7.16/$1,000.
  • The area's commuter length breakdown is: <15 min (45.3%), 15-29 min (29.9%), 30-44 min (15.4%), 45-59 min (0.5%), >60 min (8.9%).

Data reported through 10/13/2016

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