$10,000 Closing Credit*
$1,250,000
1,833 SqFt
3 Beds
•2 Full Baths
Tina Chapman, Listing Office: Windermere Realty Trust
Is Manzanita, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Manzanita was a Seller's Market.
Key Takeaway
Manzanita is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manzanita, OR
How much do homes in Manzanita, OR cost?
Median Sold Price
$795,000
$475/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$500,000(-38.6%)
Key Takeaway
Homes in Manzanita have sold for 38.6% less than they did a month ago.
Summary: The median home sold price in Manzanita was $795,000 in November 2024, down 38.6% from last month, and the median price per square foot was $475.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $635K | - | N/A |
| 3 Bedrooms | $1.5M | $795K | -47.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Manzanita housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 47.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Manzanita, OR
How many homes are available in Manzanita, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Summary: The Manzanita real estate market had 12 homes for sale in November 2024, a 29.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Manzanita housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 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 Manzanita, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Manzanita in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Manzanita, OR
How long does it take to sell a home in Manzanita, OR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 21 Days | -61.3% |
Summary: Homes in Manzanita had an average of 21 days on market in Nov 2024, down by 61.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manzanita are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Manzanita; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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