Salem Oregon Real Estate

The real estate market in the Salem metro area is varied and the agents at Tomson Burnham, llc can help sort all of that out for you.

Salem Regional Market Stats

Well if my last two posts didn’t bore the crap out of you, here are the regional stats for our Salem housing market for May. The MLS tracks 6 regions here in Salem. Central Salem Average Sold Price: $155,068 Median Sold Price: $156,000 Average DOM: 94 Current Inventory: 10.6 months Suburban E Salem/North (Jan Ree,…

Salem May Home Sales Trend

Grab some coffee…The next few posts are going to be my May real estate market updates. No fair falling asleep. If I take the time to calculate and post these for you, the least you can do is read them! For residential homes sales in Salem, Oregon… The 180 day trend: Median sold price: $205,000…

A decline in builder confidence

The National Association of Home Builders released a statement yesterday that builder confidence is down. “Home builders remained considerably downbeat as market conditions continued to erode in May, according to the NAHB/Wells Fargo Housing Market Index (HMI), released today. The HMI fell a single point to 19, bringing it within one point of the record…