A series of posts about Marion county real estate market conditions.
The second quarter has ended for the real estate market. Here is where our local markets currently stand. Market data information is from the local WVMLS. Here is what is occurring in the cities of Monmouth-Independence area in real estate… Monmouth: Average Sales price: The average sales price in the 2nd quarter is $210,191 up…
The second quarter has ended for the real estate market. Here is where our local markets currently stand. Market data information is from the local WVMLS. Here is what is occurring in the city of Silverton in real estate… Average Sales price: The average sales price so far this year is $279,213 up 14.9% from…
The second quarter has ended for the real estate market. Here is where our local markets currently stand. Market data information is from the local WVMLS. Here is what is occurring in the city of Keizer in real estate… Average Sales price: The average sales price in the second quarter is $249,883, UP 19.7% from…
Here is where our local markets currently stand. Market data information is from the local WVMLS. Here is what is occurring in the city of Salem in real estate… Average Sales price: The average sales price for the second quarter was $230,180. This is a 7.1% increase from the first quarter. The average sales price…
Now that the first six months of the year have passed, I’d like to take a look at some of the market sectors. As I have been watching less expensive homes move well, and often taking back-up offers, I thought I would take a look at inventories based on price. In Residential Homes For Homes…
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: $160,458 Median Sold Price: $150,000 Average DOM: 111 Current Inventory: 8.0 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. Salem:…
It’s time for coffee and stats The next few posts are going to be my June real estate market updates. For residential homes sales in Salem, Oregon… The 180 day trend: Median sold price: $204,912 Average sold price: $223,489 Average original list price: $228,756 % of listing price to sale price: 97.7% Average DOM: 122…
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……
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,…