Manzanita Real Estate | Cascade Sotheby's International Realty
We await the year end report, however, we already have some good data. While the average sales prices on the North Coast, from Astoria to Waldport were down 2.9% as of December 1st, many northern beach destination community values are up. Specifically, the Manzanita residential average sales price climbed from 427.5K to 472.4K Y/Y, a whopping increase of 7.9% as of Dec. 1. The number of unit sales increased as well at 82 residential units up 14.7% Y/Y. We are also seeing a clear increase in land sales and land sales prices in Manzanita with 18 parcels closed as of Dec. 1 at an average of 171K. In a resent conversation with a lender at Pacific Bank, we noted that financing is now becoming available for land purchases. This is significant.
If you have questions about the value of your home or our Natural View video marketing package, that is standard with every listing, please give Meadow and me a call. We will get your property noticed.
We look forward to speaking with you about our home, Manzanita, Oregon.