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Daily Archives: March 8, 2009

Silverton Oregon Real Estate Market Snippet for February 2009

ConditionsBy mtomsonMarch 8, 20091 Comment

Silverton had massive overbuilding for such a small community.  With the loss of some jobs there, the Silverton real estate market is really suffering right now. 30 day absorption rate: 4 Inventory: 27 months Average Price: $221,825 Median Price: $225,150 DOM: 208 Silverton started the 2009 year with 35 months of inventory.  The drop to…

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