05 Oct

Return of the Multiple Offer Market: Oregon Coast Real Estate September 2009

There is a pattern of good activity in the price range of $250,000 to $380,000  – with some properties getting multiple showings
and even a few multiple-offer situations which have been absent for two years. The prevailing Buyers are those who offer with pre-qualifications or all cash. The key word is to work with your real estate broker and your lender to be fully prepared prior to entering into a sales aggreement. It is a waste of time and money to try and find the perfect property and then figure out how to pay for it. Just as Buyers are more sophisticated so are Sellers. So be prepared to deal.

Property
Type

# Sold in Sept

Avg Sales Price

Days on Market

Avg % of List to Sale Price

Site Built

49

$310,288

117

92%
Manufactured

8

$184,438

132

95%
Condo

10

$185,338

155

94%
Land Residential

8

$306,425

77

75%
Multi Family

2

$139,500

115

80%
This home's architecture was inspired by Mt. Hood's Timberline Lodge. If you're looking to buy or build something equally inspiring, get in touch! This wasn't the only spectacular home on the market!

This home, which sold in September, featured architecture inspired by Mt. Hood's Timberline Lodge. And its location and view were equally inspiring (see picture above left.) If you're looking to buy or build something equally inspiring, get in touch! This wasn't the only spectacular home on the market!

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