connectareasblogsfaqour story
latestlibrarydiscussionsmain

What were the 7 most expensive homes sold in Monte Rio, reported last week?

August 23, 2026 - 01:35

What were the 7 most expensive homes sold in Monte Rio, reported last week?

A single-family home that sold for $849,000 tops the list of the most expensive residential real estate sales in Monte Rio between June 1 and Aug. 16. That property, located in the heart of the Russian River community, closed above its asking price, reflecting steady demand for waterfront and hillside homes in the area.

The remaining six transactions on the list ranged from $625,000 to $795,000. Most of these were older cottages or cabins, many with updated kitchens and decks built for outdoor living. A few sat on large lots with redwood trees, while others offered direct river access or shared docks. Notably, none of the sales exceeded $1 million, a sign that Monte Rio remains more affordable than neighboring towns like Healdsburg or Sonoma.

Buyers in this period were a mix of full-time residents and second-home owners. Real estate agents say the market has cooled slightly from the pandemic boom, but inventory remains tight. Sellers who priced realistically saw offers within a few weeks, while overpriced listings lingered. The most expensive sale, the $849,000 home, had been on the market for just over a month.

For comparison, the median price for a single-family home in Monte Rio during this window was around $700,000. That is up about 8 percent from the same period last year, though the small sample size makes the figure less reliable. Still, the data points to a steady, if modest, appreciation in this riverside enclave.


MORE NEWS

Cozen O'Connor Adds Real Estate Atty In Fla. From AmTrust

October 7, 2026 - 03:30

Cozen O'Connor Adds Real Estate Atty In Fla. From AmTrust

Cozen O`Connor has strengthened its real estate practice in South Florida by bringing on a new partner with a blend of private practice and in-house experience. The firm announced the addition on...

Real Estate Transactions, Oct. 5 edition

October 6, 2026 - 04:11

Real Estate Transactions, Oct. 5 edition

The following property transfers were recorded in Hopkinton during the past week, according to public records filed with the state. 1 Whisper Way sold for $1,800,000 on Sept. 29. Edward Roche was...

Promising Real Estate Stocks To Keep An Eye On

October 5, 2026 - 04:16

Promising Real Estate Stocks To Keep An Eye On

Investors searching for stability and income often turn to real estate stocks. These are shares of publicly traded companies that own, develop, manage, or finance properties. The sector offers...

Why Mortgage Rates React to Inflation Reports

October 4, 2026 - 00:18

Why Mortgage Rates React to Inflation Reports

If you have ever wondered why mortgage rates seem to rise or fall after an inflation report, you are not alone. The connection between these two economic forces is one of the most closely watched...

read all news
connectareasblogsfaqpicks

Copyright © 2026 PropRead.com

Founded by: Basil Horne

our storylatestlibrarydiscussionsmain
cookie settingsuser agreementyour data