The following sales report is provided by the Regional Multiple Listing Service in regards to real estate sales in Bandon, Coos Bay, North Bend, Coquille, Myrtle Point and Powers.
February Residential Highlights
New listings (109) increased 5.8% from the 103 listed in February 2020, and increased 78.7% from the 61 listed in January 2021.
Pending sales (97) decreased 5.8% from the 103 offers accepted in February 2020, and increased 12.8% from the 86 offers accepted in January 2021.
Closed sales (80) increased 14.3% from the 70 closings in February 2020, and increased 11.1% from the 72 closings in January 2021.
Year-To-Date Summary
Comparing the first two months of 2021 to the same period in 2020, new listings (170) decreased 19.8%, pending sales (179) decreased 4.8%, and closed sales (152) decreased 12.1%.
Average and Median Sale Prices
Comparing 2021 to 2020 through February, the average sale price has increased 26.4% from $230,800 to $291,700. In the same comparison, the median sale price has increased 24.9% from $215,000 to $268,500.
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