Oregon Coast Real Estate Blog - Living on the Oregon Coast » admin http://oregoncoastrealestateblog.com Real Estate YOUR Way Wed, 14 Dec 2011 01:27:34 +0000 en hourly 1 http://wordpress.org/?v=3.3 A Return to Realistic Real Estate Pricing http://oregoncoastrealestateblog.com/index.php/2011/10/a-return-to-realistic-real-estate-pricing/ http://oregoncoastrealestateblog.com/index.php/2011/10/a-return-to-realistic-real-estate-pricing/#comments Wed, 05 Oct 2011 02:06:15 +0000 admin http://oregoncoastrealestateblog.com/?p=2145 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 [...]]]> Oregon Coast real estate sales data – September 2011

Toledo Oregon home sold in 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 qualified Buyer is willing to pay. The average 9 month list to sale ratio is at 93%. This indicates a movement toward more realistic pricing than in the past. Days on market has increased to an average of 214 days or just over 7 months.

The selection of properties continues to increase on a daily basis with homes and land showing up in all price ranges and locations. This would indicate a strong market for qualified Buyers. The home pictured is one located 9 miles inland in Toledo and represents a segment of the market that appeals to people who wish to enjoy a little warmer climate for gardening and yet be within 10 minutes to the beach. If you are looking for a primary residence or second home just send me an email or call. I would be delighted to assist in your search.

Central Oregon Coast Property Type # sold in September Average Sales Price Days on Market Avg % of List to Sale Price
Site Built 40  $260,559 248 93%
Manufactured 6  $126,167 187 93%
Condos 4  $195,495 433 93%
Land Residential 9  $  80,433 222 83%
Multi Family 0 0 0 0
Bank Owned 0 0 0 0

]]> http://oregoncoastrealestateblog.com/index.php/2011/10/a-return-to-realistic-real-estate-pricing/feed/ 0 April 2011 Real Estate Sales on the Oregon Coast http://oregoncoastrealestateblog.com/index.php/2011/05/april-2011-real-estate-sales-on-the-oregon-coast/ http://oregoncoastrealestateblog.com/index.php/2011/05/april-2011-real-estate-sales-on-the-oregon-coast/#comments Fri, 06 May 2011 04:26:33 +0000 admin http://oregoncoastrealestateblog.com/?p=1889 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 [...]]]> 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 are long gone.  The properties that are priced to sell are the ones getting the showings and are selling.  The current thought is to price going in at an accurate value.  Negotiations do occur leading to agreement and these are more often on minor issues other than price.  Bank owned properties closed at a lower number last month but at an average price actually over the list price. This may be due to the number of Buyers competing for the same properties.  Overall this is a great time to be looking at Central Oregon Coast properties.

Central Oregon Coast Property Type Month Avg Sales Price Days on Market Avg % of List to Sale Price
Site Built 40 $232,070 190 95%
Manufactured 5 $114,700 201 91
Condos 8 $184,438 283 92
Land Residential 8 $61,825 267 88
Multi Family 0 0 0 0
Bank Owned 10 $141,920 176 101

]]> http://oregoncoastrealestateblog.com/index.php/2011/05/april-2011-real-estate-sales-on-the-oregon-coast/feed/ 0 March Real Estate Sales on the Oregon Coast http://oregoncoastrealestateblog.com/index.php/2011/04/march-real-estate-sales/ http://oregoncoastrealestateblog.com/index.php/2011/04/march-real-estate-sales/#comments Sat, 02 Apr 2011 04:07:37 +0000 admin http://oregoncoastrealestateblog.com/?p=1881 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%

Property sold in March by Carole Reddick

]]> http://oregoncoastrealestateblog.com/index.php/2011/04/march-real-estate-sales/feed/ 0 November Real Estate Sales on the Oregon Coat http://oregoncoastrealestateblog.com/index.php/2010/12/november-real-estate-sales-on-the-oregon-coat/ http://oregoncoastrealestateblog.com/index.php/2010/12/november-real-estate-sales-on-the-oregon-coat/#comments Thu, 02 Dec 2010 22:56:57 +0000 admin http://oregoncoastrealestateblog.com/?p=1730 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 [...]]]> 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 that tend to represent actual values versus prices the Seller may want.  The number of bank owned properties is slowly shrinking as Buyers begin to realize that distressed properties are generally not a bargain and that banks are not the most pleasant or ethical to deal with.

]]> http://oregoncoastrealestateblog.com/index.php/2010/12/november-real-estate-sales-on-the-oregon-coat/feed/ 0 Oregon Coast Beach and Riverside Cleanup Fall 2010 http://oregoncoastrealestateblog.com/index.php/2010/09/oregon-coast-beach-and-riverside-cleanup-fall-2010/ http://oregoncoastrealestateblog.com/index.php/2010/09/oregon-coast-beach-and-riverside-cleanup-fall-2010/#comments Thu, 23 Sep 2010 05:45:50 +0000 admin http://oregoncoastrealestateblog.com/?p=1655 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 turnout [...]]]> 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 turnout is always so strong, numbering in the thousands. The selection of so many new locations (including a large number along the I-5 corridor) makes the opportunity accessible for more people than ever.

Here’s where to find what you need to know:

Here’s what you should bring:

  • Clothing appropriate  for the weather (which is looking fabulous for Newport) and sturdy shoes. (This isn’t a day for flip-flops.)
  • Sunscreen (a hat and/or sunglasses may also be welcome on a sunny day like we’re expecting!)
  • Mosquito repellent is recommended
  • Reusable containers for drinking water
  • A reusable bag or bucket to collect trash
  • A colander from home for sifting through sand to collect small pieces of plastic on the beach

The SOLV coordinators at each location will be providing:

  • Vinyl gloves and information on safe collection of debris
  • Litter bags for receiving debris from your personal bag or bucket
  • Instructions on where to get started
  • Biohazard/sharps containers

So… there you have it!  It’s going to be a gorgeous weekend at the beach. Come out and make a difference on Saturday from 10 am – 1 pm — and enjoy the rest of the day here, too!

]]> http://oregoncoastrealestateblog.com/index.php/2010/09/oregon-coast-beach-and-riverside-cleanup-fall-2010/feed/ 0 August Homes Sales on the Central Oregon Coast http://oregoncoastrealestateblog.com/index.php/2010/09/august-homes-sales-on-the-central-oregon-coast/ http://oregoncoastrealestateblog.com/index.php/2010/09/august-homes-sales-on-the-central-oregon-coast/#comments Sat, 04 Sep 2010 16:09:59 +0000 admin http://oregoncoastrealestateblog.com/?p=1643 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 [...]]]> 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 repairs, Seller participation in Buyer’s closing costs, and inclusions of personal property. The climate for well qualified Buyers is good if they are informed.

Property Type # Sold in June Average Sales Price Days on Market Avg % of List to Sale Price
Site Built 46 $283,147 148 93%
Manufactured 9 $158,967 129 97%
Condos 11 $239,641 118 94%
Land Residential 8 $90,175 88 71%
Multi Family - - - -
Bank Owned 14 $244,379 109 94%

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]]> http://oregoncoastrealestateblog.com/index.php/2010/09/august-homes-sales-on-the-central-oregon-coast/feed/ 0 April Home Sales on the Oregon Coast http://oregoncoastrealestateblog.com/index.php/2010/05/april-home-sales-on-the-oregon-coast/ http://oregoncoastrealestateblog.com/index.php/2010/05/april-home-sales-on-the-oregon-coast/#comments Sun, 02 May 2010 23:48:11 +0000 admin http://oregoncoastrealestateblog.com/?p=1555 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 in [...]]]>

The Windermere Real Estate Gallery in Seal Rock was pleased to handle this entire home sale, representing both buyers and sellers.

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 in April Average Sales Price Days on Market Avg % of List to Sale Price
Site Built 42 $266,235 236 92%
Manufactured 11 $152,591 158 94%
Condos 4 $239,875 219 90%
Land Residential 5 $177,400 168 87%
Bank Owned 65 $230,807 164 94%

]]> http://oregoncoastrealestateblog.com/index.php/2010/05/april-home-sales-on-the-oregon-coast/feed/ 0 Oregon Coast Beach Cleanup 2010 http://oregoncoastrealestateblog.com/index.php/2010/02/oregon-coast-beach-cleanup-2010/ http://oregoncoastrealestateblog.com/index.php/2010/02/oregon-coast-beach-cleanup-2010/#comments Tue, 23 Feb 2010 02:01:19 +0000 admin http://oregoncoastrealestateblog.com/?p=1335 This year’s Spring beach cleanup is slated for March 20th. Volunteers come on their own or form up in teams on beaches from Astoria to the California border under the leadership of SOLV. This effort brings nearly 4,000 Oregonians out to help keep our beaches in pristine condition for residents and visitors alike. [...]]]> This year’s Spring beach cleanup is slated for March 20th. Volunteers come on their own or form up in teams on beaches from Astoria to the California border under the leadership of SOLV. This effort brings nearly 4,000 Oregonians out to help keep our beaches in pristine condition for residents and visitors alike. Consider forming a group amongst your friends, family or co-workers this year!  This effort, which began in 1984, has expanded to a statewide effort and has helped make Oregon a great place to live.

This year, they’ve divided the coastline up into 43 Check-in Locations in 14 Zones. Zones 6, 7 and 8 correspond to the Central Oregon Coast where I live (and play). Each zone has a coordinator who will actually pre-assign a location to groups of 20 or more, so get in touch early if you’re putting together a team.central-oregon-coast-beach-cleanup-map

Zone 6 (Lincoln City & Depoe Bay)
Mark Saelens  541-574-1285 (w)
msaelens@co.lincoln.or.us

Zone 7 (Newport)
Charlie Plybon 541-961-8143 (w)
cplybon@surfrider.org

Zone 8 (South Beach through Yachats)
Doug Sestrich 541-867-7451 (w)
doug.sestrich@state.or.us

If you’d rather go to another part of the Coast, here’s the complete list of the check-in sites and zones. Either way, plan to pre-register online this year (a new feature) to streamline the check-in process.

And while you’re in the neighborhood lending a hand, take time to check out some significant buys here on the Central Oregon Coast. E-mail or give me a call to set up a time to meet.

oregon-coast-beach-cleanup-2010

]]> http://oregoncoastrealestateblog.com/index.php/2010/02/oregon-coast-beach-cleanup-2010/feed/ 1 January 2010 Sales Data: Oregon Coast Real Estate Is Selling http://oregoncoastrealestateblog.com/index.php/2010/02/january-2010-sales-data-oregon-coast-real-estate-is-selling/ http://oregoncoastrealestateblog.com/index.php/2010/02/january-2010-sales-data-oregon-coast-real-estate-is-selling/#comments Wed, 03 Feb 2010 05:34:09 +0000 admin http://oregoncoastrealestateblog.com/?p=1307 The results for Oregon Coast Real Estate in January 2010 are showing some interesting trends for the start of the year.

Site built sale prices are up slightly over the 2009 average Manufactured homes are selling for a little less. Condos remain in the doldrums with lower selling prices. Land [...]]]> The results for Oregon Coast Real Estate in January 2010 are showing some interesting trends for the start of the year.

  • Site built sale prices are up slightly over the 2009 average
  • Manufactured homes are selling for a little less.
  • Condos remain in the doldrums with lower selling prices.
  • Land improved slightly in number of sales with flat prices.
  • Multi family, a fairly rare commodity, is beginning to show up.
  • As of this month I will begin reporting on bank owned properties.
  • Days on market indicates that January showed the beginning of a clearing out of some older inventory. Only the manufactured category showed any decrease in days on market.
Property Type Sold in January Avg Sales Price Days on Market List to Sale Price
Site Built 28 310,375 273 93%
Manufactured 1 112,000 53 97%
Condos 3 202,667 469 83%
Land 9 145,778 264 77%
Multi family 1 200,000 280 80%
Bank Owned 8 278,125 179 95%

 

If you would like to view other central Oregon coast homes like this one, please feel free to give me a call at 541-270-3304 or drop an e-mail my way.

]]> http://oregoncoastrealestateblog.com/index.php/2010/02/january-2010-sales-data-oregon-coast-real-estate-is-selling/feed/ 0 December 2009 Oregon Coast Real Estate Sales Data http://oregoncoastrealestateblog.com/index.php/2010/01/december-2009-oregon-coast-real-estate-sales-data/ http://oregoncoastrealestateblog.com/index.php/2010/01/december-2009-oregon-coast-real-estate-sales-data/#comments Tue, 05 Jan 2010 13:57:05 +0000 admin http://oregoncoastrealestateblog.com/?p=1263 The year finished strong with more closings in December than the previous month. December sales follow the trend that began in late Summer: properties that were appropriately priced received a great deal of attention from qualified Buyers. Part of this has to do with the Tax Credit incentives both for first time Buyers and current [...]]]>

Home sold in December

The year finished strong with more closings in December than the previous month. December sales follow the trend that began in late Summer: properties that were appropriately priced received a great deal of attention from qualified Buyers. Part of this has to do with the Tax Credit incentives both for first time Buyers and current homeowners. Low mortgage rates combined with these incentives make this an excellent time to invest in Oregon Coast Real Estate. Visit us again over the coming weeks for more detail on Coastal Real Estate Trends and the Tax Credit Incentive Programs.

Property Type Sold in December Avg Sales Price Days on Market List to Sale Price
Site Built 54 316,441 177 94%
Manufactured 7 175,254 183 96%
Condos 2 274,450 209 90%
Land 11 89,800 199 83%
Multi family 1 174,900 5 86%
Commercial 1 138,000 249 87%

 

If you would like to view other central Oregon coast homes like this one, please feel free to give me a call at 541-270-3304 or drop an e-mail my way.

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