Andrea Mace

Manzanita, OR 97130

Single-Family Homes


Manzanita, OR 97130

Mon Dec 23 2024
This week the median list price for Manzanita, OR 97130 is $909,475 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has decreased to 4. Click here to stay informed with the Manzanita market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Manzanita, OR 97130

Mon Dec 23 2024
This week the median list price for Manzanita, OR 97130 is $909,475 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has decreased to 4. Click here to stay informed with the Manzanita market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Manzanita market.
Median List Price $909,475
Median Price of New Listings $0
Per Square Foot $541
Average Days on Market 105
Median Days on Market 105
Price Decreased 75%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 48
Strong Seller's Market

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,174,000 1,992 4,500 - 6,500 sqft 3 2 38 0 0 161
$909,950 1,918 4,500 - 6,500 sqft 3 3 3 0 0 49
$909,000 1,843 4,500 - 6,500 sqft 3 2.5 0 0 0 112
$749,000 1,051 0 - 4,500 sqft 2 2 6 0 0 98