A series of posts about Marion county real estate market conditions.

Into the sweet spot

The average and median home prices have been hovering in the $150,000-$160,000 range for most of this year and August was no exception.   With sales of more expensive homes incredibly lackluster with no change in the foreseeable future, this is going to be where home prices will continue to stay. The nice thing about August…

May 2011 market report

    April 30th of 2010 ended the eligibility for the home buyer tax credit.  No big surprise that home sales were down year over year as a result.  Year to date sales are down 2.8% year over year.  I think this is pretty good considering the unnatural boost that happened in 2010 due to…

Ugly Numbers

I stated a couple of weeks ago that Salem had the best first quarter, in terms of real estate home sales, in the past three years.  Not the highest home prices mind you, but that sales picked up.  This isn’t true for the Keizer real estate market.  Home sales are incredibly sluggish there right now.…