Andrea Mace's Market Report

Cannon Beach, OR 97110

Single-Family Homes



Cannon Beach, OR 97110

Mon Aug 18 2025
This week the median list price for Cannon Beach, OR 97110 is $1,150,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has increased to 37. Click here to stay informed with the Cannon Beach market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Cannon Beach, OR 97110

Mon Aug 18 2025
This week the median list price for Cannon Beach, OR 97110 is $1,150,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has increased to 37. Click here to stay informed with the Cannon Beach market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Cannon Beach market.
Median List Price $1,150,000
Median Price of New Listings $1,799,000
Per Square Foot $669
Average Days on Market 109
Median Days on Market 49
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 37
Median Rent
Market Action 27
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$2,374,997 2,935 0.25 - 0.5 acre 4 3.3 3 0 0 126
$1,699,000 2,236 4,500 - 6,500 sqft 4 3 32 1 1 49
$1,095,000 1,934 4,500 - 6,500 sqft 3 2.5 49 0 0 35
$799,000 1,330 4,500 - 6,500 sqft 3 2 60 0 0 63