Oregon Coast 2019 Market Report

Page 1

2019

Market Report OREGON COAST

Cascade Sotheby’s International Realty is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information provided is “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.




2019 MARKET REPORT

Astoria Zip Codes: 97103 Population: 9,862 County: Clatsop

ALL RESIDENTIAL

2018

2019

Total Units Sold

196

191

Total Sold Volume

$60,789,000

$61,975,000

2%

Median Sales Price

$300,000

$314,900

15k

Average Days on Market

65

63

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

47

32

Total Sold Volume

$16,540,000

$11,424,000

37%

Median Sales Price

$349,900

$333,500

16k

Average Days on Market

83

63

20

TOWNHOMES & CONDOS

2018

2019

Total Units Sold

7

6

Total Sold Volume

$2,238,000

$1,797,000

22%

Median Sales Price

$327,500

$291,500

36k

Average Days on Market

120

88

32

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

5

2

COMPARISON

15

COMPARISON

1


2019 MARKET REPORT

Gearhart Zip Codes: 97138 Population: 1,593 County: Clatsop

COMPARISON

ALL RESIDENTIAL

2018

2019

Total Units Sold

111

99

Total Sold Volume

$55,270,000

$44,791,000

21%

Median Sales Price

$425,000

$395,000

30k

Average Days on Market

121

90

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

9

4

Total Sold Volume

$8,097,000

$1,420,000

140%

Median Sales Price

$749,250

$349,750

400k

Average Days on Market

270

77

TOWNHOMES & CONDOS

2018

2019

Total Units Sold

13

20

Total Sold Volume

$3,539,000

$6,031,000

52%

Median Sales Price

$249,000

$282,000

33k

Average Days on Market

124

57

67

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

12

31

COMPARISON

5

193

COMPARISON

7


2019 MARKET REPORT

Seaside Zip Codes: 97138 Population: 6,707 County:Clatsop

ALL RESIDENTIAL

2018

2019

Total Units Sold

180

149

Total Sold Volume

$58,655,000

$51,234,000

14%

Median Sales Price

$298,500

$343,852

45k

Average Days on Market

94

86

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

13

12

Total Sold Volume

$5,164,000

$5,357,000

4%

Median Sales Price

$394,375

$394,250

125

Average Days on Market

206

81

125

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

21

24

Total Sold Volume

$5,072,000

$7,803,000

42%

Median Sales Price

$184,000

$286,500

103k

Average Days on Market

42

139

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

31

8

COMPARISON

1

COMPARISON

3

97


2019 MARKET REPORT

Cannon Beach Zip Codes: 97110, 97145 Population: 1,728 County: Clatsop

ALL RESIDENTIAL

2018

2019

Total Units Sold

101

78

Total Sold Volume

$69,824,000

$46,442,000

Median Sales Price

$490,000

$503,500

14k

Average Days on Market

241

155

86

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

1

1

Total Sold Volume

$3,750,000

$710,000

136%

Median Sales Price

$3,750,000

$710,000

3m

Average Days on Market

11

67

56

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

20

15

Total Sold Volume

$7,704,000

$5,445,000

34%

Median Sales Price

$324,750

$372,000

47k

Average Days on Market

213

90

123

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

23 40%

COMPARISON

COMPARISON

5


2019 MARKET REPORT

Manzanita Zip Codes: 97130 Population: 651 County: Tillamook

ALL RESIDENTIAL

2018

2019

Total Units Sold

91

96

Total Sold Volume

$44,476,000

$50,077,000

12%

Median Sales Price

$435,000

$472,000

37k

Average Days on Market

105

117

RESIDENTIAL WITH ACREAGE

2018

2019

COMPARISON

Total Units Sold

3

Total Sold Volume

$3,289,000

Median Sales Price

$1,100,000

Average Days on Market

74

TOWNHOMES AND CONDO

2018

2019

COMPARISON

Total Units Sold

8

6

Total Sold Volume

$3,301,000

$2,435,000

Median Sales Price

$372,250

$390,000

18k

Average Days on Market

147

133

14

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

5

12

2 30%


2019 MARKET REPORT

Neskowin & Pacific City Zip Codes: 97149, 97112, 97135 Population: 1,161 County: Tillamook

ALL RESIDENTIAL

2018

2019

Total Units Sold

79

78

Total Sold Volume

$33,280,000

$35,414,000

6%

Median Sales Price

$359,900

$419,500

60k

Average Days on Market

130

130

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

3

5

Total Sold Volume

$1,669,000

$1,994,000

18%

Median Sales Price

$420,000

$419,000

10k

Average Days on Market

77

87

10

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

4

6

Total Sold Volume

$773,000

$2,455,000

Median Sales Price

$126,450

$192,300

Average Days on Market

80

94

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

1

COMPARISON

2

COMPARISON

2 104% 66k 14


2019 MARKET REPORT

Lincoln City & Depoe Bay Zip Codes: 97367, 97341 Population:10,377 County: Lincoln City

ALL RESIDENTIAL

2018

2019

Total Units Sold

254

272

Total Sold Volume

$87,018,000

$96,882,000

Median Sales Price

$332,500

$336,000

4k

Average Days on Market

137

120

17

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

2

3

Total Sold Volume

$835,000

$1,241,000

40%

Median Sales Price

$417,500

$459,000

42k

Average Days on Market

93

41

52

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

29

36

Total Sold Volume

$5,857,000

$9,660,000

50%

Median Sales Price

$170,500

$242,750

72k

Average Days on Market

152

115

37

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

18 11%

COMPARISON

1

COMPARISON

7


2019 MARKET REPORT

Newport, South Beach & Otter Rock Zip Codes: 97365, 97366, 97369 Population: 12,327 County: Lincoln

ALL RESIDENTIAL

2018

2019

Total Units Sold

62

49

Total Sold Volume

$21,341,000

$17,512,000

Median Sales Price

$322,500

$340,000

17k

Average Days on Market

117

86

31

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

3

2

Total Sold Volume

$1,428,000

$1,188,000

18%

Median Sales Price

$575,000

$593,750

19k

Average Days on Market

71

94

23

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

18

13

Total Sold Volume

$4,775,000

$3,384,000

Median Sales Price

$230,000

$219,000

11k

Average Days on Market

128

145

17

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

13 20%

COMPARISON

1

COMPARISON

5 34%


2019 MARKET REPORT

Yachats, Seal Rock & Waldport Zip Codes: 97498, 97376, 97394 Population: 4,169 County: Lincoln

ALL RESIDENTIAL

2018

2019

Total Units Sold

41

52

Total Sold Volume

$13,169,000

$20,878,000

45%

Median Sales Price

$289,000

$317,000

28k

Average Days on Market

103

54

49

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

9

8

Total Sold Volume

$4,378,000

$5,012,000

14%

Median Sales Price

$375,000

$545,500

170k

Average Days on Market

76

81

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

1

1

Total Sold Volume

$289,000

$250,000

14%

Median Sales Price

$289,000

$250,000

39k

Average Days on Market

174

6

168

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

11

COMPARISON

1

5 COMPARISON


2019 MARKET REPORT

Bandon Zip Codes: 97411 Population: 3,112 Includes: Coos County

ALL RESIDENTIAL

2018

2019

Total Units Sold

188

169

19

Total Sold Volume

$61,347,000

$59,659,000

3%

Median Sales Price

$295,500

$305,000

10k

Average Days on Market

111

83

28

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

63

50

13

Total Sold Volume

$22,298,000

$21,090,000

6%

Median Sales Price

$300,000

$347,500

48k

Average Days on Market

86

80

TOWNHOMES AND CONDO

2018

2019

( > 1 ACRE )

Total Units Sold

1

Total Sold Volume

$315,000

Median Sales Price

$315,000

Average Days on Market

6

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

COMPARISON

6 COMPARISON


2019 MARKET REPORT

Port Orford Zip Codes: 97465 Population: 1,142 County: Curry

ALL RESIDENTIAL

2018

2019

Total Units Sold

53

43

Total Sold Volume

$15,257,000

$11,258,000

Median Sales Price

$220,000

$239,000

19k

Average Days on Market

153

197

44

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

18

13

Total Sold Volume

$7,752,000

$4,558,000

Median Sales Price

$305,000

$299,000

6k

Average Days on Market

148

218

70

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

10 30%

COMPARISON

5 52%


2019 MARKET REPORT

Gold Beach Zip Codes: 97444 Population: 2,282 County: Curry

ALL RESIDENTIAL

2018

2019

Total Units Sold

159

136

Total Sold Volume

$53,963,000

$48,504,000

11%

Median Sales Price

$263,000

$277,450

14k

Average Days on Market

161

125

36

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

45

58

Total Sold Volume

$25,988,000

$29,362,000

12%

Median Sales Price

$445,000

$375,000

70k

Average Days on Market

161

159

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

6

9

Total Sold Volume

$1,132,000

$1,721,000

Median Sales Price

$170,000

$175,000

5k

Average Days on Market

132

120

12

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

23

COMPARISON

13

2 COMPARISON

3 41%


2019 MARKET REPORT

Brookings Zip Codes: 97415 Population: 6,440 County: Curry

ALL RESIDENTIAL

2018

2019

Total Units Sold

385

379

Total Sold Volume

$117,227,000

$124,047,000

6%

Median Sales Price

$272,500

$295,000

23k

Average Days on Market

108

111

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

67

79

Total Sold Volume

$29,844,000

$33,534,000

12%

Median Sales Price

$386,000

$369,000

17k

Average Days on Market

132

116

16

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

29

30

Total Sold Volume

$7,866,000

$7,635,000

3%

Median Sales Price

$214,000

$213,500

500

Average Days on Market

113

83

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

6

3

COMPARISON

12

COMPARISON

1

30


Contact Us To Talk More

The LivPortland Team LivPortland.com

joe@LivPortland.com steph@LivPortland.com

503-380-0246


Our Offices OREGON COAST

PORTLAND AREA

CENTRAL OREGON

Gearhart

Pearl District

Bend - Downtown

587 Pacific Way, PO Box 2300

1321 NW Hoyt St

821 NW Wall Street

Gearhart, OR 97138

Portland, OR 97209

Bend, OR 97702

Cannon Beach

NE Portland

Bend - Old Mill (HQ)

130 North Hemlock, Suite 1

2236 NE Broadway St

650 SW Bond Street, Suite 100

Cannon Beach, OR 97110

Portland, OR 97232

Bend, OR 97702

Vancouver WA

Sisters

900 Washington Street Suite 150

290 East Cascade Avenue,

Vancouver, WA 98660

PO Box 609

Manzanita 467 Laneda Avenue, Box 820 Manzanita, OR 97130

Sisters, OR 97759

Lincoln City 1831 SW HWY 101 Lincoln City, OR 97367

Lake Oswego 310 N. State Street, Suite 102

Sunriver

Lake Oswego, OR 97034

57100 Beaver Drive, Building 5, Suite 150

Beaverton

Sunriver, OR 97707

8880 SW Nimbus Ave, Suite C Beaverton, OR 97008

COLUMBIA RIVER GORGE Hood River 116 3rd St, Suite 209 Hood River, OR 97031

Joe and Stephanie Reitzug

Serving Oregon & SW Washington for over 25 years

This 2019 Home Market Report is for illustrative and informative purposes only and is not an offer to perform professional real estate services or marketing. The information contained in the report is not a representation or guarantee regarding future profits or income related to real estate, and the information contained in this report should not be solely relied upon to conduct real estate activity. Cascade Sotheby’s International Realty makes no representation, warranty, or guaranty as to accuracy of any information contained in the Report and encourages you to always consult with a trusted real estate, legal, and tax professional for independent verification.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.