Business is picking up and we are busy selling real estate! Our tourist season brings people from all over the world to Bandon Oregon who are seeking a place to retire or to simply golf and enjoy the weekend. Typically our listing inventory starts to increase this time of year as well as our sales activity. It will be interesting to take another look at the end of Summer…so I will be sure to continue and update this post quarterly.

Current Listing Inventory June 3, 2012 

 Bandon
 # Listings
 Pending Sales
 # Sales 6 Months Back
 Average List Price
 Average Days on Market

 Residential

 116

 14

 39

 $457,035

 364

 Land/Lots

 126

 7

 7

 $181,292

 691

 Commercial

 19

 2

 4

 $871,232

 351

 

 Sales Statistics for January 2012 – May 2012 (approx 6 months back)

Bandon

Average List Price

Average Sales Price

Average SQ FT

Average Sold $ Per SQ FT

Average Days on Market

Residential

 $209,037

 $187,511

 1695

 $111

 176

Land/Lots

 $64,600

 $49,571

 

 

 273

Commercial

 $544,500

 $367,250

 

 

 428

 

Sales Statistics for October 2011 – March 2012

Bandon
Average List Price
Average Sales Price
Average SQ FT
Average Sold $ Per SQ FT
Average Days on Market

Residential

$211,671

$188,058

1561

$120

224

Land/Lots

$54,483

$42,167

 

 

480

Commercial

$739,500

$554,000

 

 

290

 

Statistics used for this post were taken from the Regional Multiple Listing Service (RMLS) on June 3, 2012. These statistics do not include bank foreclosure or private party sales that did not involve a realtor. The purpose of this article is to give a simple snapshot of the Bandon real estate market today and our sales statistics from January 2011 through May 2012.

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