Nehalem Home Tops Weekly Real Estate Sales on Oregon Coast
NEHALEM, OR – In the latest residential real estate update for the northern Oregon coast, a stunning home in Nehalem has claimed the title for the most expensive sale of the week, selling for an impressive $2 million. This significant transaction highlights the ongoing demand for coastal properties in the region.
During the week of November 18, a total of 51 residential sales were recorded in the area. The average sale price for these homes reached $492,950, with an average price per square foot set at $343. These figures indicate a continuing trend of robust activity in the local housing market, attracting buyers looking for both primary residences and vacation homes.
The recorded sales provide insight into the area’s real estate dynamics, showing that while luxury properties are achieving remarkable prices, there is also a healthy market for homes at various price points. The data reflects transactions where title transfers were officially recorded during that week, though some homes may have been sold earlier.
Realtors suggest that the allure of the Oregon coast—combining scenic beauty, recreational activities, and a tight-knit community—continues to draw buyers from various regions. As interest in coastal real estate remains strong, both buyers and sellers are actively engaging in the market.
The results from this week reaffirm the resilience of the housing market along the northern Oregon coast, making it a focal point for real estate investment and a desirable destination for homebuyers. As demand persists, industry experts anticipate further fluctuations in pricing and sales activity moving forward.
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