Sales Decline in Coos Bay Real Estate Market

In this week's report, the number of homes sold in the Coos Bay market slid to 14 over the past 30 days. It marked a decrease of 36.4% from last week's report and a fall below the monthly average. On the other hand, close-by Florence registered 28 homes sold in the same time frame, the most of all surrounding cities. Months of inventory continued a steady rise, trending upwards for four weeks to reach eight months. Along with the slip in sales, the higher-than-normal inventory indicates that Coos Bay is a definite buyer's market.

Curious as to which homes have been getting the most attention in Coos Bay? These listings have stirred up interest and produced the most views:

$225K   $209K   $299K  

Get started right now by checking out Coos Bay homes for sale or reviewing Coos Bay real estate trends.

Demographic facts for Coos Bay:

  • This area has a rating of 47 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 203.0 for every 100,000 people.
  • This area has a health cost index score of 115.8. (100 = national average)
  • The breakdown of residents commuting to work is 75.9% by car, 11.4% by carpool, and 0.5% by public transit.

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
CENTURY 21, Best Realty, Inc
Snapped 13 homes in this area
Century 21 Best Realty, Inc.
Snapped 7 homes in this area

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