Homes are selling on the Oregon Coast this Spring. Not great numbers yet however brokers across the market are seeing a steady up turn in the number and quality of Buyers. Most Buyers who are successful are coming to the marketplace with a clear idea of their objectives and a pre-qualification letter [...]
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March was very active in most categories of Coastal Real Estate. Average sale prices are going in an upward direction which is good news for Sellers. At the same time Buyers are finding a wider selection of homes and land in most price ranges. Our market reflects the trends we see in other areas as more [...]
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The Oregon Coast real estate market continues to mirror that of the general national trends with a slight, 2%, increase for the first two months of 2012. Cautious optimism is showing up with an improvement in the days on market for condos. Condos [...]
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January started the New Year a little off the pace of one year ago. Averqge prices came down as days on market improved. It appears that the number of distressed properties, short sale and bank owned, is slowing. It is difficult to determine with any degree of [...]
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In our Coastal climate we enjoy a very mild and damp environment. This is good news as far as comfort is concerned. The not so good news is what happens to buildings when close attention is not paid to what is really going on. Items such as salt air which [...]
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Sales in December were strong even considering the time out for holiday celebrations. Vacation homes, late model manufactured homes and condos all showed good performance when compared to the first 11 months of the year. Competition among Buyers was fairly strong as we experienced multiple offers on [...]
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Average sale prices dropped a bit in October while time on market increased. The list to sell ratio remains about the same in the mid 90′s. One dramatic change was a big increase in the sales of residential land which jumped to a total of 70 individual sales. This includes a number of smaller non [...]
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