🦀 Oregon Coast: Single & Multi Family Inventory - 20% of properties are Pending

[AJ Wong]

I came across a wild stat about Oregon the other day that it was behind only Washington in home appreciation over the past four decades. I was curious about overall Oregon Coast inventory and whether the lack of homes and development could be a contributing factor. 

As of today total inventory for single family (not including MFH) and multi-family properties continues to be very limited from Brookings to the Astoria city limit with roughly 20% of properties pending. 

Total Agent Listed Inventory:

1126 Single Family Residences - 280 Pending for a total of 1406

60 Multi Family Properties - 15 Pending for a total of 75 

+/- 212 of the single family homes listed at $1M or above. 

+/- 175 of the single family homes listed at $350K or below. 

We're showing approximately 100 active or eligible single family STR's for sale.