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Independence Oregon Real Estate
This is a collection of posts written by Salem Oregon area real estate agents related to all things Independence. If you are considering relocating to Independence Oregon, start by reading a bit of information about it from local agents.
“Lets be reasonable” in Independence
What happens when you have low home prices, coupled with low interest rates? Low inventory. That is the situation occurring in Independence Oregon’s real estate market right now. The inventory is at a nice healthy 4.5 months, which is nice to see. The reason? Low home prices. The average and median home prices in Independence…
A bedroom community wakes up…
Independence Oregon was slated to be the next bedroom community during the real estate boom. With home prices in Silverton skyrocketing, Independence was the new target with it’s close proximity to Salem. New subdivisions went in and home prices jumped. Despite the jump, a home in Independence was still significantly cheaper than other outlying Salem…
Western Days
One of the things I have learned to like about living in the Salem Oregon area is all of the smaller town festivals. Obviously, yesterday was the 4th of July, and rather than deal with the lack of parking in downtown Salem, we decided to head out to Western Days in Monmouth and Independence Oregon.…
Polk county city market snippet: May 2009
The report is going to be a year to date summary of the numbers. It won’t be compared to previous months as there are just not enough real estate sales. So…based on data from the WVMLS, these local Salem Oregon metro area cities home report: Monmouth: Homes sold year to date: 21 Current Inventory: 12.4…
Salem Metro Area, Polk County Real Estate Market Snippet: February 2009
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 with 1-3 sales can’t be done. Dallas: 30 day…
July 2008 Inventories for the Salem Metro Area
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 assuming…
2nd quarter 2008 Market Report for Monmouth/Independence Oregon
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…
Monmouth-Independence Real Estate Market Conditions
The first 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… Average Sales price: The average sales price so far this year is $188,656, down 8.5…