$7,303 Closing Credit*
$615,000
2,619 SqFt
3 Beds
•1 Full Bath
Caitlin Williams, Listing Office: eXp Realty LLC
Is Astoria Downtown, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Astoria Downtown has remained a Seller's Market.
Key Takeaway
Astoria Downtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Astoria Downtown, OR
How much do homes in Astoria Downtown, OR cost?
Median Sold Price
$520,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+3.5%)
Key Takeaway
Homes in Astoria Downtown have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Astoria Downtown was $520,000 in October 2024, up 3.5% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $520K | - | N/A |
| 2 Bedrooms | $299K | $485K | +62.2% |
| 3 Bedrooms | $485K | $600K | +23.7% |
| 4 Bedrooms | $795K | $642.5K | -19.2% |
| 5+ Bedrooms | $498.7K | $717K | +43.8% |
Summary: Astoria Downtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 62.2%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 43.8%.
Housing Supply in Astoria Downtown, OR
How many homes are available in Astoria Downtown, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The Astoria Downtown real estate market had 22 homes for sale in October 2024, a 22.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Astoria Downtown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Astoria Downtown, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Astoria Downtown in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Astoria Downtown, OR
How long does it take to sell a home in Astoria Downtown, OR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 66 Days | +314.1% |
Summary: Homes in Astoria Downtown had an average of 66 days on market in Oct 2024, up by 314.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Astoria Downtown has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Astoria Downtown; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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