A series of posts about Marion county real estate market conditions.
6.1% decline in the median home price 11% decline in the average home price 33% decline in the number of homes sold 9.5% increase in days on the market. Inventory: 13.9 months Whoo Hoo!!! Why am I whoo-hoo-ing? That is the best inventory number I have seen for Salem Oregon in a while. Okay, okay…last…
Some of you may have heard that Zillow came out with their real estate market reports last week. I’m just a wee bit slow in getting to this because I installed Google’s webmaster on my blog, and found so many broken links that are making my head spin… Must…fix…broken…link… Anyway…now that I have a plan…
I had a reader…thank you reader…who asked about prices for acreage properties. Now I had planned to post this a few days ago, but I was too busy playing hookey due to the nice weather we have had. I mentioned on Facebook today that I thought it should be an Oregon law that no one…
My kids were just asking me the other day to head to the Dallas Water Park (which is very cool if you haven’t been there yet), so I figured I’d do the market reports about Dallas. The average home price is down 7% from the first quarter of 2007, but up 6% from 2008. The…
Silverton started the 2009 year with 35 months of inventory, dropped to 27 and now is up at 30.5 months. That is 2 1/2 years worth of inventory. Too much. 30 day absorption rate: 4 Inventory: 30.5 months Average Price: $255,625 Median Price: $230,500 DOM: 184 Again due to the small numbers of sold…
I’m glad to see that the Keizer Oregon real estate market is back to the normal stats that we have had for a while now. Last month was a funky month in real estate in Keizer, no other words for it. Inventory corrected itself from that odd 25-month number to 10.2 months. This is more…
Well, it’s that time again…I postponed it as long as possible: the monthly Salem Oregon real estate market report. Honestly, I am kind of happy with it this month, which sounds weird because it’s not like the data is great. I just like that the decline slowed down a bit this month. In January and…
With the turn of the market, these smaller Salem Metro area towns are not experiencing enough home sales to do any meaningful analysis since the numbers are so low. I’ll give them to you just as a reference to where things are currently, but an analysis with 1-3 sales can’t be done. Dallas: 30 day…
With the turn of the market, these smaller Salem Metro area towns are not experiencing enough home sales to do any meaningful analysis since the numbers are so low. I’ll give them to you just as a reference to where things are currently, but an analysis of 0 or 2 can’t be done. Stayton: 30…
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…