Well I shared my simply smashing words of wisdom regarding the Salem real estate market with you all, so it’s time to talk Keizer.
Keizer stunk too.
My writing talent astonishes me sometimes. Seriously, how do I come up with such in-depth analyses, you ask? I know I’d be forced to ask the same question if I were you.
Um…yeah…delusional lady, the rubber room is that way…
For those of you just looking for the basic facts for August’s dismal real estate numbers…
Average sold price: $154,411.
Median sold price: 152,000
Number sold: 16
Current inventory: 10.8 months
Those numbers don’t mean a whole lot without a comparison to other years, but rest assured they stink in comparison. I already said that up top, in case you forgot already.
So the summary: Average and median home price: down
Home sales: down
Inventory: up.
I think I should just cut and paste that section. Might save me from carpal tunnel one of these days…Despite these current ugly numbers, like July this was totally expected. Keizer Oregon to date is still up 24.5% year to date this year over last. Looking at the big picture, still an improvement, but yes…still have a ways to go.
These numbers were crunched with the data provided by the WVMLS.
I have not pulled stats – but it seems that this side of the mountain is seeing some big changes – I have 5 resales this month – which is more than I had in 3 years – very encouraging – still lots of bank owned and short sales – hope your market starts to improve for the sellers and buyers… you are always so on top of the market Melina
The fall market is just starting to pick up here. It normally picks up after the school year starts and that is happening true to form based on activity in the past week.
We are improving. Just slow going.