Manzanita Real Estate | Cascade Sotheby's International Realty
Spring is here in Manzanita and there is no question that we have gone from a balanced market at the end of 2016 to a Sellers Market. The definition of a sellers market is less than a 6 month inventory of homes.
As of today, March 30, 2017, there are 32 detached single family homes on the market in Manzanita and Neahkahnie. From January 1st through yesterday, 10 single family detached homes have closed.
As of today, another 10 single family residential homes are under contract. The average price for the closed homes was $404,560 in Manzanita and $795,000 in Neahkahnie. This has been the case for quite some time as we see the most pressure on the middle of the market in Manzanita and on luxury listings in Neahkahnie.
If you are considering selling your home this year, please contact us for a comparative market analysis. We are the only agents to offer a listing package that includes complete social media coverage, aerial photography, interior and exterior video, aerial video and professional photography. We only use FAA certified professional remote pilots for our aerial work for your piece of mind and ours. We lead the field in marketing and results in Manzanita.
With the market reach Cascade Sotheby's International Realty brings us, and our continued partnership with Walt Covert, not only are all local and regional buyers targeted, but we often sell to buyers from around the country who are looking for that special Manzanita beach home. Our reach is unparalleled in this area.