An interesting proposition

As usual, I was reading my blog feeds to get a feel for what’s new in real estate. I have been very busy lately, so my opportunities to blog have been limited. I’ve been catching up. Jeff Brown, a real estate agent in CA, proposed A different model for other agents to consider. I am…

Dallas Oregon Real Estate Market Report

Well, it was brought to my attention by a reader that I forgot to include Dallas in my analysis of the towns. Nothing against Dallas… So here are some basic market stats for Dallas, OR 90 Day Absorption Rate: 12.7 30 Day Absorption Rate: 16.0 Current Inventory: 10.7 months Bonus stats since I forgot Dallas……

Salem Regional Market Stats

Well if my last two posts didn’t bore the crap out of you, here are the regional stats for our Salem housing market for May. The MLS tracks 6 regions here in Salem. Central Salem Average Sold Price: $155,068 Median Sold Price: $156,000 Average DOM: 94 Current Inventory: 10.6 months Suburban E Salem/North (Jan Ree,…

Salem Metro Area Home Inventories

Knowing how much inventory is on the market is an important statistic to know when considering the price of your home. These figures are for residential home sales. The absorption rate is how fast homes are selling on a monthly basis. Inventory is how long it would take homes to sell at that rate. Salem:…

Salem May Home Sales Trend

Grab some coffee…The next few posts are going to be my May real estate market updates. No fair falling asleep. If I take the time to calculate and post these for you, the least you can do is read them! For residential homes sales in Salem, Oregon… The 180 day trend: Median sold price: $205,000…