$50,000
0.05 Acres
Land
Charlie Kimberly, Cody Gibson, Listing Office: Keller Williams PDX Central
Is Astoria Downtown, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Astoria Downtown has remained a Neutral Market.
Key Takeaway
Astoria Downtown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Astoria Downtown, OR
How much do homes in Astoria Downtown, OR cost?
Median Sold Price
$487,750
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$34,750(-6.7%)
Key Takeaway
Homes in Astoria Downtown have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Astoria Downtown was $487,750 in August 2024, down 6.7% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $520K | - | N/A |
| 2 Bedrooms | $405K | $447.5K | +10.5% |
| 3 Bedrooms | $510K | $545K | +6.9% |
| 4 Bedrooms | $675K | $642.5K | -4.8% |
| 5+ Bedrooms | $498.7K | $717K | +43.8% |
Summary: Astoria Downtown housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 4.8%, 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
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Astoria Downtown real estate market had 19 homes for sale in August 2024, a 11.8% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Astoria Downtown housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Astoria Downtown in August 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 7 Days | 22 Days | +219.0% |
Summary: Homes in Astoria Downtown had an average of 22 days on market in Aug 2024, up by 219% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Astoria Downtown are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in Astoria Downtown; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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