Single-Family Homes
Wed Dec 04 2024
This week the median list price for Cannon Beach, OR 97110 is $1,625,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has decreased to 14.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Median List Price | $1,625,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $646 | |
Average Days on Market | 194 | |
Median Days on Market | 88 | |
Price Decreased | 29% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 14 | |
Median Rent | ||
Market Action | 29 | |
Slight Buyer's Advantage |
Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,659,999 | 2,920 | 0.25 - 0.5 acre | 4 | 3 | 22 | 0 | 0 | 196 |
$2,225,000 | 2,938 | 6,500 - 8,000 sqft | 4 | 3.5 | 8 | 0 | 0 | 35 |
$1,452,250 | 2,718 | 6,500 - 8,000 sqft | 4 | 2.5 | 30 | 0 | 0 | 63 |
$709,000 | 1,633 | 0 - 4,500 sqft | 3 | 2.5 | 25 | 0 | 0 | 119 |