$5,047 Closing Credit*
$425,000
480 SqFt
2 Beds
•1 Full Bath
Breighley Sexton, Listing Office: Urban Pacific Real Estate
Is Seaside, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Seaside was a Seller's Market.
Key Takeaway
Seaside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Seaside, OR
How much do homes in Seaside, OR cost?
Median Sold Price
$553,125
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,875(-2.4%)
Key Takeaway
Homes in Seaside have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in Seaside was $553,125 in October 2024, down 2.4% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $220K | -38.9% |
| 2 Bedrooms | $450K | $464K | +3.1% |
| 3 Bedrooms | $551.5K | $539.5K | -2.2% |
| 4 Bedrooms | $732K | $845K | +15.4% |
| 5+ Bedrooms | $749K | $755K | +0.8% |
Summary: Seaside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.9%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 0.8%.
Median Sold Price Compared To Nearby Cities
| Gearhart | $639K | $730K | +14.2% |
| Seaside | $567K | $553.1K | -2.4% |
Housing Supply in Seaside, OR
How many homes are available in Seaside, OR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 97 | +1.0% |
Summary: The Seaside real estate market had 97 homes for sale in October 2024, a 1.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 42 | 40 | -4.8% |
| 4 Bedrooms | 34 | 31 | -8.8% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Seaside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seaside, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Seaside in October 2024, down by 31.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 137 Days | 77 Days | -44.0% |
Summary: Homes in Seaside had an average of 77 days on market in Oct 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Seaside are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 11 homes were sold in Seaside; 36% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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