Is Seaside, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Seaside was a Seller's Market.
Housing Prices in Seaside, OR
How much do homes in Seaside, OR cost?
Median Sold Price
$565,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Seaside was $565,000 in March 2024, up 3.2% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $372.9K | +35.6% |
2 Bedrooms | $435.7K | $493.2K | +13.2% |
3 Bedrooms | $539K | $559K | +3.7% |
4 Bedrooms | $735K | $720K | -2.0% |
5+ Bedrooms | $812.5K | $659.9K | -18.8% |
Summary: Seaside housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35.6%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 18.8%.
Housing Supply in Seaside, OR
How many homes are available in Seaside, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
101 | 118 | +16.8% |
Summary: The Seaside real estate market had 118 homes for sale in March 2024, a 16.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 27 | 29 | +7.4% |
3 Bedrooms | 45 | 52 | +15.6% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Seaside housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 17 | +142.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Seaside in March 2024, up by 142.9% month-over-month. Of the 17 sold homes, 59% were sold under asking, 18% were sold at asking, and 24% were sold over asking.
Days on Market for Seaside, OR
How long does it take to sell a home in Seaside, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 83 Days | +20.2% |
Summary: Homes in Seaside had an average of 83 days on market in Mar 2024, up by 20.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Seaside; 35% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.