Over the last 30 days, the Depoe Bay market got positive news with three homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, nearby Lincoln City had 11 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Depoe Bay, and for this period the median sales price slid from $305,000 to $265,000. Depoe Bay is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 14 months of remaining inventory.
Great homes don't last long in the market, so make sure you take a look at the newest listings in Depoe Bay:
Get started right now by checking out Depoe Bay homes for sale or reviewing Depoe Bay real estate trends.