Astoria Oregon Real Estate & Homes For Sale
As I was researching and compiling data for the 2011 Astoria Oregon Real Estate Market Report I thought some highlights might be interesting. All Astoria Oregon homes on this list closed escrow in 2011, information was gathered from the Clatsop MLS.
I determined my top 5 from the highest sales price only. This of course doesn’t include any sales of commercial properties or other homes not reported in the MLS.
As we begin the new year let’s take a quick review of the Astoria Oregon real estate market for 2011.
We didn’t see big changes in 2011 compared with the previous year, mostly more of the same. The overall number of listings in Astoria did decrease a little (a good thing) while the overall number of sales and the respective sold prices also decreased a little (not a good thing).
Many metro areas around the county that were leading indicators of the coming collapse back in 2006 are beginning to show signs of price stabilization and decreased inventory levels- all signs that point to a recovery of some kind. While nobody can accurately predict what a recovery looks like or when one might occur in the Astoria area I do believe we are getting closer. The next 6 months could be rough as a surge of bank owned properties hit the market but once those are cleared out (sold) there’s a good chance the second half of next year will begin to look brighter. [Read more...]
If you have 3 minutes I would really appreciate your feedback.
Since 2006 there’s always been a handful of bank owned homes for sale at any given time.
They come in waves it seems…
Well, we’ve just been hit by a tsunami. The number of bank owned homes for sale in Astoria and Clatsop County has doubled in the past year. It skyrocketed over 30% in November alone.
What caused the huge increase last month? [Read more...]
Today I’m making some slight changes and updates to the site, improving loading time and making it easier to get around.
You might see something funky one minute, and gone the next. That’s just me working out the details.
The updated framework is made by the good folks at Studio Press.