Oregon Coast real estate sales data – September 2011
The Coastal real estate market remains steady if not exactly vibrant with homes that are priced for the current market getting plenty of activity and offers. As always there is a vast difference between the price the Seller would like to have and the price a [...]
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The number of closings on the Oregon Coast is holding fairly steady for 2011 as Sellers begin to understand the pricing philosophy that Realtors have been promoting for many years. The days of overpricing and hoping to negotiate to a lower price [...]
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Central Oregon Coast Property Type Month Avg Sales Price Days on Market Avg % of List to Sale Price Site Built 41 $250,495 194 96% Manufactured 8 $135,500 179 89% Condos 8 $247,562 171 93% Residential Land 4 $60,000 286 77% Multi-Family 0 0 0 0 Bank Owned 12 $245,942 95 95%
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Oregon Coast Real Estate is alive and well contrary to popular perceptions. While sales are slower than most Sellers would like properties are closing at realistic and accurate prices. The averages are well in line with previous years even considering the overheated 2005-2007 market. List prices are moderating to levels [...]
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This weekend, volunteers can choose from more than 160 cleanup and watershed projects on the Oregon coast and inland rivers. This is the first year since the beach cleanups began in the 1980s that it has been expanded to include waterways that lead to the ocean. This is only possible because volunteer [...]
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The market remains very flat in all categories. Historically, August is a very active month with as many as 150-200 closings. Prices are trending downward as Buyers continue to negotiate sale prices well under true market value. On the properties that do sell, we are seeing more Seller concessions in addition to price for extended [...]
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Oregon coast real estate sales are looking up for Spring. The return of commercial and sport fishing of chinook salmon along the coast for the first time in three years is bound to have an impact on local income and breathe some life in to the local economy.
Property Type # Sold [...]
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