FYI
We have never had a better inventory of homes. There are 62 Active Residential Listing on the Market in Port Orford, OR after several listing clients decided to take their home off the market. The Sales Rate is 13 per year. Consequently, at the present rate of sales it will take more than 4.77 years to sell off the current inventory. I am saying more than 4.77 years because there are more homes listed in the last 12 months than there were homes sold which means our inventory is growing even though several homes were taken off the market.
The average time on the market exceeds 9 months
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