ASTORIA — Multiple Listing Service data through August shows about a 6.8% drop in the average selling price of Clatsop County houses compared to the first eight months of 2018.
However, the median price — the midpoint at which half of houses sold for more and half for less — was up about 2.6% through this August compared to 2018, reflecting a slight shift overall toward sales of more expensive homes.
The average selling price as of August was $389,175, while the median price was $345,000. Hopeful sellers have been listing their homes at just over $500,000, up almost 4% compared to the same period a year earlier.
Clatsop County homes have been selling at a brisker pace this year, with listings spending an average of 120 days on the market, down from 134 though August of 2018 — a change of about 10.5% fewer days.
The multi-list data showed no active listing below $100,000 as of this August. Only 18 houses were listed below $200,000. The largest price category in the county was $500,000-plus, with 150 active listings in August.
In the year to date through August, there were eight sales below $100,000 — 38.5% fewer than in 2018 — and 44 between $100,000 and $200,000 — 26.7% fewer. There were 137 sales between $200,000 and $300,000, down 16.5% from the same months in 2018. There were 161 home sales between $300,000 and $400,000, about a 9% increase from a year earlier. The 83 sales in the $400,000 to $500,000 was unchanged from 2018. In the $500,000-plus range, there was a 14.2% decline.