Brookings, Oregon Market Report ~ October 2008

By
Services for Real Estate Pros with Real Estate Consultant
Market Report May Brookings, Oregon

Market Report October 2008 for Brookings, Oregon
Information gathered from Regional Multiple Listing Service

10/1/2008- 10/31/2008 There were 11
residential homes sold in these areas:
City of Brookings, Airport, Marina Heights, North Bank Chetco River, Harbor, Whinchuck,
South Bank Chetco River, Carpenterville, Cape Ferrello and Whaleshead.

The average sales price was $280,033 and the average days on market was 337.
There are 10 pending sales and 26 new listings.
There is a total of 293 active residential home listings in these same neighborhoods.

Comparing October 2008 with October 2007, pending
sales fell 55.9%. Closed sales also fell 45.9% and new
listings decreased 21.6%.




Comments (2)

Todd Clark
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

That is some scary numbers...DOWN 55%? That is not good, how many agents do you have down in your area? 11 Sales, I'm guessing there are a lot more agents than that!

Todd Clark, Helping Families Home - www.IFoundYourNewHome.com

Nov 14, 2008 10:59 PM
Lori Franks
Real Estate Consultant - Brookings, OR
Brookings, Oregon

Todd- It is very super scary. We have just over 100 agents and PB's combined. Also did you notice the days on market....that really jumped up from last month.

Nov 15, 2008 01:50 AM