Here we go -- Let’s run the numbers!
Between Lincoln, Tillamook and Clatsop County, there are currently 1,771 residential properties actively listed for sale.
County to county, the statistics vary. Beginning in Lincoln County there are 878 residential listings, 383 have ocean views, 97 are oceanfront, and 51 homes are priced over $1 million. The highest priced active listing is $9.5 million located in Cloverdale, with views of Pacific City’s Haystack Rock.
Next in line, Tillamook County has 370 active residential listings. 80 of those have ocean views, 24 are oceanfront, and seven are priced $1 million or higher. 31 homes with ocean views are listed $400K and under. The highest priced homes in Tillamook County are $1.25 million and are located in Oceanside, Netarts and Manzanita.
Clatsop County, Oregon’s Northern most coastal county has 523 active residential listings. 111 homes have ocean views, 28 are oceanfront, and 34 are priced $1 million and above. The highest priced home in Clatsop County is $5,625,000 located in Cannon Beach.
There are 149 oceanfront properties for sale. With so many to choose from, those in the market for such are in a virtual candy store! The downturn in the market has created a stock pile of exceptional homes offering one-of-a kind architectural uniqueness and highly desirable locations. The opportunities to locate and purchase homes of this caliber have never been better. Everyone is feeling the pain of recession in one way or another - the positive light I have to shed on this situation is it’s bringing out the biggest and the best at the beach!
If you haven’t been out to the coast since summer, it’s time to come back down for a visit and take a look around. Prices have definitely dropped over the last six months. Many sellers have come to terms with realty and reduced their prices. They are more than ready to sell. Are we at the bottom? That fact we won’t know until prices start to climb back up! Get your Spring Break reservations set up now. Oregon Coast Real Estate is ready and waiting.
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