Market Update November 29, 2012
There were 43 closed sales in Curry County in October (Brookings, Gold Beach, Port Orford) which is more than in any other single month since the RMLS reporting system began keeping track in 2005! Inventory is down, sales are up. This is a year I would advise clients to leave their properties on the market through the winter instead of taking them off as there aren't as many properties to compete against currently, so give yours a leg up and keep it listed! Year to date, there were 53.2% more pending sales and closed sales than in the same time period last year but average sales price was down 13.4% to $182,900. The average total time on the market is about 225 days. To break it down a bit further, Gold Beach has had 60 closed residential sales through October and Brookings has had 205 and Port Orford has had 20. Gold Beach has had 12 land sales, Brookings has had 15 and Port Orford has had 4. There was 1 commercial sale in Brookings and 1 in Port Orford plus 3 multi-family sales in Brookings and 4 multi-family sales in Gold Beach. Not bad for the first 3/4 of the year!
*This information is taken from the RMLS and is believed to be accurate.