With the turn of the market, these smaller Salem Metro area towns are not experiencing enough home sales to do any meaningful analysis since the numbers are so low. I’ll give them to you just as a reference to where things are currently, but an analysis of 0 or 2 can’t be done.
Stayton:
30 day absorption rate: 2
Inventory: 22 months
Average Price: $192,350
Median
Price: $192,350
Average DOM: 72
Aumsville:
30 day absorption rate: 1
Inventory: 21 months
Average Price: $220,000
Average DOM: 182
Turner:
30 day absorption rate: 0
Inventory: 33 months
Average Price: $0
Average DOM: 0
No homes sold in Turner in January or February so far this year.
Jefferson:
30 day absorption rate: 5
Inventory: 4.8 months
Average Price: $143,980
Average DOM: 163
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