Market report
Cannon Beach Real Estate Market Report
Cannon Beach home sales, in perspective
Cannon Beach's sales history shows both a substantial upper-end market and a clear change in negotiating conditions. During 2021 and 2022, homes commonly sold very quickly and a majority closed at or above their original asking price. In the more recent years of the record, market time has lengthened and below-list closings have become considerably more common, even as million-dollar-plus properties have come to represent a larger share of what sells. That is an important distinction: a higher-priced mix of homes can coexist with a market that gives buyers more time and more leverage. The figures below show where both stand today.
Cannon Beach also contains meaningful submarkets within a very small geographic area. Downtown, Midtown and the Presidential Streets, Tolovana Park, and the North End around Ecola Creek differ in walkability, beach access, lot setting, housing stock and their relationship to the town's visitor activity — and the town's practical geography is more granular still than those familiar names. That variety is why the live record is more useful than a citywide median alone: use the date controls to see when the composition and tempo of Cannon Beach sales changed.
252 recorded single-family sales since October 27, 2020
Narrow the years
2020–2026 · 252 sales
Sales by price
2020–2026. Price ranges stay the same whatever years you choose, so you can compare one period with another.
| Price | Sales | Median market time |
|---|---|---|
| $3.2M+ | 14 | 10 days · 14 sales |
| $3.1M–3.2M | 1 | 63 days · 1 sale |
| $3.0M–3.1M | 0 | |
| $2.9M–3.0M | 0 | |
| $2.8M–2.9M | 2 | 205 days · 2 sales |
| $2.7M–2.8M | 1 | 22 days · 1 sale |
| $2.6M–2.7M | 3 | 2 days · 3 sales |
| $2.5M–2.6M | 2 | 29 days · 2 sales |
| $2.4M–2.5M | 2 | 165 days · 2 sales |
| $2.3M–2.4M | 1 | 72 days · 1 sale |
| $2.2M–2.3M | 3 | 16 days · 3 sales |
| $2.1M–2.2M | 5 | 25 days · 5 sales |
| $2.0M–2.1M | 3 | 223 days · 3 sales |
| $1.9M–2.0M | 3 | 140 days · 3 sales |
| $1.8M–1.9M | 8 | 37 days · 8 sales |
| $1.7M–1.8M | 4 | 50 days · 4 sales |
| $1.6M–1.7M | 8 | 58 days · 8 sales |
| $1.5M–1.6M | 5 | 16 days · 5 sales |
| $1.4M–1.5M | 10 | 14 days · 10 sales |
| $1.3M–1.4M | 12 | 13 days · 12 sales |
| $1.2M–1.3M | 11 | 29 days · 11 sales |
| $1.1M–1.2M | 17 | 46 days · 17 sales |
| $1.0M–1.1M | 10 | 61 days · 10 sales |
| $900–999k | 25 | 12 days · 25 sales |
| $800–899k | 32 | 10 days · 32 sales |
| $700–799k | 22 | 35 days · 22 sales |
| $600–699k | 14 | 58 days · 14 sales |
| $500–599k | 21 | 21 days · 21 sales |
| $400–499k | 7 | 46 days · 7 sales |
| $300–399k | 6 | 7 days · 6 sales |
What sellers got
In Cannon Beach, 2020–2026
- Median sold price
- $987,500252 sales
- Median original list price
- $1,097,000252 sales
- Median gap to list price
- −2.7%252 sales
- Sold at or above list price
- 38%95 of 252
- Median market time
- 23 days252 sales
- Cash sales
- 53%134 of 252 with financing recorded
How this is calculated
Every figure on this page is computed from recorded RMLS sales inside the Cannon Beach boundary. 252 sales since October 27, 2020. No estimates, no models.
- Single-family homes only — condominiums, land and commercial sales are excluded.
- Individual sales are shown by price and date. No property is identified by address.
- Market time prefers the cumulative figure, which survives a relisting, and falls back to days on market where RMLS records no cumulative one. The number of sales behind each median is shown beside it.
- “Sold at or above list price” compares the closing price with the price the listing opened at. A seller may hold their list price and accept a lower offer, so this measures the gap rather than a price reduction.
- “Cash sales” counts sales RMLS records as financed by cash alone, as a share of the sales where financing was recorded at all. Where RMLS records no financing the sale is left out of that figure rather than counted as not cash.
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