Spring is having a nice affect on sales in the central part of the Oregon Coast real estate market. Mortgage interest rates are at an historic low and inventory is high.   Now is a great time to invest in Coastal real estate!

Here is data on sales during March 2009

Property Type # On Market # Sold in March Average Sales Price Days on Market
Site Built 970 31 $289,304 134
Manufactured 142 11 $155,082 117
Condos 218 4 $191,500 45
Land Residential 747 10 $66,750 21

 

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