About Clatsop County, OR

Gearhart custom home located creekside in the highly desirable Shamrock Pines subdivision has much to behold.

Appointments include: great room floor plan, den, hardwood flooring, custom cherry entertainment center & custom cabinetry, decorative columns flanking the dining room & loads of architectural detailing.

An entertaining deck with 8-person hot tub, professionally painted interior, 3-car garage & home warranty policy and more await lucky new owners!

View The Virtual Tour At: www.obeo.com/558293

PRICE JUST REDUCED $ 100,000!

Panoramic Ocean views await lucky new owner's of this beautiful Seeborg custom home located in the private gated community of Surf Pines. Spacious great room floor plan allows for ease in entertaining while enjoying ocean views from the comfort of your home. Appointments include: fireplaces in the living & dining rooms, hardwood flooring, wooden beams, Andersen windows, deck for summer bbqs, lower level guest suites & so much more.

View The Virtual Tour At: www.obeo.com/496742

Recent Price Adjustment = One Great Price!

Gorgeous Custom Ocean View Home will absolutely steal your heart! Dream kitchen is a symphony in wood with wide plank coastal maple floors, custom maple cabinetry, soapstone counters, Dacor & Jennair appliances, island with prep sink & so much more! Luxurious master suite offers peaceful retreat with double sided gas fireplace, private alcove, travertine floors, shower & spa tub. Professionally designed outdoor spaces complete this lovely home. You can have it all!

View The Virtual Tour At: www.obeo.com/519424

Just thought that I'd provide you with a status update on our current market conditions. The number of active listings are continuing to fall! At the present time, there are currently a total of: 563 532 (down 31 listings since last reported in 9/09)active residential listings. This is a significant decline vs. this time last year when there were roughly 750 residential homes for sale. A far cry from the 2004-2005 inventory levels of: 150 to 165. It actually took until 1/06 to build our residential listings to a high of: 200! Needless to say, a happy medium would be greatly appreciated by all!

Inventory will continue to decline over the next several months. I strategically align my property listings to expire at year end. My goal is to give the listings a rest over the winter and re-list in the spring when there's a resurgence of buyer interest.

According to The Institute for Luxury Home Marketing formulas, the following trends have emerged:

Clatsop, OR. MLS: The average price for a residential luxury home in Clatsop County was: $ 490,000 for the time frame of: 9/25/08 through 9/25/09. This figure is calculated by review of all closed sale for that time frame & represents the top 10% of sale for the market. Anything sold at: $ 500,000 and above would be considered an "upper tier" listing. This number has adjusted significantly from the previous sales cycle of: 9/25/07 through 9/25/08 that reflected a average luxury home sales price of: $ 659,950.

Evidence shows that the economy has had a huge impact on upper tier sales in this resort destination community where purchase of secondary homes drives the marketplace conditions.