A series of posts about Marion county real estate market conditions.
Here is what is occurring in the city of Stayton… Average Sales price: Stayton prices have been holding fairly steady for the past couple of years. Compared to the third quarter last year, the average home price increased by 3.8% in 2008. 30 day Absorption Rate/Inventory: Stayton has a current absorption rate of 7. This…
Here is where our local markets currently stand. The real estate market data information has been gathered from the local WVMLS. Here is what is occurring in the city of Keizer Oregon … Average Sales price: Well if you can’t tell these two lines apart that is okay. There has been little in the way…
Time for stats reports…forget going for a massage, manicure, or game of pick up ball at the gym. Real estate market stats are totally exciting! Here is where our local markets currently stand. Here is what is occurring in the city of Salem Oregon in real estate… Average Sales price: Well…you may remember me saying…
Big Surprise? Of course not. Housing starts are down 48% from July 2008 over July 2007. Thank goodness. I’d hate to think that builders were continuing to overbuild. I have seen a few new construction homes that have gone into foreclosure and some local builders that have teetered on the edge renting new construction home…
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 assuming…
For residential homes sales in Salem, Oregon… The 180 day trend: Average sold price: $223,076 Average original list price: $228,752 % of listing price to sale price: 97.5% % of listings to expire/terminate: 19.2% Average DOM: 122 Listed vs. sold: 41.2% The 90 day trend: Average sold price: $227,232 Average original list price: $233,125 %…
Here are the regional stats for our Salem housing market for August. The MLS tracks 6 regions here in Salem. These stats are for single family units which includes condos. Central Salem Average Sold Price: $156,140 Median Sold Price: $157,000 Average DOM: 105 Current Inventory: 10.45 months Suburban E Salem/North (Jan Ree, Haysville, etc) Average…
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 assuming…
You all know the drill. Grab some coffee, as the next few posts are going to be my July real estate market updates. For residential homes sales in Salem, Oregon… The 180 day trend: Median sold price: $199,900 Average sold price: $220,454 Average original list price: $225,666 % of listing price to sale price: 97.7%…
Here are the regional stats for our Salem housing market for June. The MLS tracks 6 regions here in Salem. These stats are for single family units which includes condos. Central Salem Average Sold Price: $163,971 Median Sold Price: $156,000 Average DOM: 129 Current Inventory: 8.2 months Suburban E Salem/North (Jan Ree, Haysville, etc) Average…