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Seaside, Oregon- Year To Date Sales, 2009

By
Real Estate Agent with RE/MAX River & Sea

As you can see, upper tier sales have been soft in the Seaside marketplace due to a lack of secondary home buyers.  Seaside has been impacted by the economy as secondary home buyers took to the bleachers when the stock market collapsed in 2008.  Trends reflect that there were two additional sales above $ 500,000 with the biggest sale y-t-d being an ocean view property that sold at: $ 810,000. 

Opportunists should be aware that for the first time in many years deals are abundant on ocean front homes that have historically listed for atleast 1 million +  Today, a total of: 4 ocean front properties are available at under $ 900k. 

The overview remains the same, properties listed at above $ 300,000 continue to languish on the marketplace for the second year in a row.  The time to buy is now as the deals are HOT and inventory is a plenty!