Real Estate Brookings

The city of Brookings and the area surrounding it have a great deal to recommend them to anyone considering a purchase of real estate in Brookings, Oregon. Located on the eastern shore of the immense Pacific Ocean, Brookings offers a scenic vista that only an unspoiled coastal city can equal. The numerous national forests located east and south of the Brookings area offer a magnificent glimpse into nature undisturbed, and the climate of the region is moderate throughout the year, averaging only 2 days above 90 degrees Fahrenheit, and 7 days below 30.

Homes for sale in Brookings Oregon

For the past several years, average home sale prices have risen in Brookings, which is a sign of a very healthy real estate market in the area. Homeowners can expect the value of their homes to steadily increase from year to year in the Brookings area, because of the terrific location in the country, the ease of transportation, and the availability of good public schools. The crime rate is very low compared to other areas throughout the state, and business opportunities abound with the support of local economic development organizations. Although the average cost of homes for sale in Brookings during 2013 was approximately $250,000, there are many homes both above and below that figure which comprised the composite number. Recently the area has drawn considerable interest from retirees because of its benign year-round advantages, and this has contributed to the rising prices of real estate in Brookings, Oregon.

Land for sale in Brookings Oregon

Following the lead of home prices in Brookings, the cost of land in the area has also been steadily rising, as the area’s appeal broadens and word of mouth increases. From a 2012 average cost of $150 per square foot, the current cost of land in the Brookings-Harbor area is $177 per square foot, representing a 20% increase. As an investment, purchasing land in the Brookings area is a sound financial strategy, and if purchasing with the intent to build a home, there are few areas in the country more ideally suited to it.