Keizer Real Estate Market Update – October 2024
Are you curious about the current state of Keizer’s real estate market? Let’s dig into the numbers for October 2024.
Median Sales Price
The median sales price held steady at $436,900, showing a 4.1% increase year-over-year. However, compared to last month, prices dipped slightly by 2.7%, offering a small window of opportunity for buyers.
Median Days on Market
Homes are spending more time on the market, with the median jumping to 71 days—that’s a 39.2% increase from last year. This signals a more patient market for sellers but also means buyers can explore their options a bit longer.
New Listings & Closed Sales
Inventory is buzzing! Keizer saw 40 new listings, marking a 48.1% YoY increase. In tandem, 29 homes closed, a 31.8% bump from October 2023. More activity equals more opportunities for buyers and sellers alike.
Active Inventory
Despite the uptick in new listings, active inventory dipped slightly to 66 homes, down 1.5% YoY. This slight reduction in available homes is keeping competition balanced.
Bottom Line
Whether you’re buying or selling, the Keizer market is still favoring sellers. Prices are stable, inventory is growing, and closed sales are on the rise.
This data came from the WVMLS and from Altos.