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, 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!
About
My name is Dean Failor, I am a Principle Broker/Owner with Windermere West Coast Properties on the Central Oregon Coast. This blog is my soap box for spreading the news about the very high quality of life on the Coast. .... read more.My Listings
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