CENTRAL POINT, OREGON
Central Point Oregon, Centrally located in the heart of the Rogue Valley; Central Point is a fast-growing city that continues to have a "small town" feel. The perfect place to live or stay while vacationing in the Southern Oregon area, Central Point gives you easy access to all that Jackson County offers in recreation and entertainment. Jackson County is one of the most beautiful and desirable areas in the Pacific Northwest. Located in Southern Oregon, Jackson County borders California to the south and is nestled between the majestic Cascade and Siskiyou Mountain ranges. It is conveniently located along Interstate 5 between Portland and San Francisco. Picturesque scenery in every direction, and the Pacific Ocean coastline just hours away, and a wide variety of recreational opportunities abound. The moderate weather, growing economic base, and cultural attractions all add to the incomparable quality of life.
Statistics from August - October 2011
67.8% of the residential properties that sold from August 1 through October 31 this year were "FORECLOSURE (REO’S) sales”, totaling 149 FORECLOSURE (REO’S) houses all over Jackson County.
Total active listings for the Jackson County reached 1,490 houses. 60 were sold in Central Point for an average of 98 days in the market, getting a median price of $134,000 with a -9.4% drop from last years’ quarter period of $158,000.
The number of Central Point foreclosures (reo's) is 20 with a median price of $137,100. The number of Central Point short sales is is 19 with a median price of $129,000.
If you or someone you know is looking to buy or sell in Southern Oregon, contact JARED HOKANSON for a free consultation.
Median Price means the midpoint, with half of the sales being above and half below the listed number; it is not the same as average. Median prices reflect overall market trends and are not a measure of pricing for individual properties. Small sampling sizes can lead to wide variances in year to year comparisons. “REO” means Real Estate Owned, indicating bank or mortgage company ownership. “Short” stands for Short Sale, where third party approval is required for the transaction.
Statistics are based on reporting by REALTORS® to the Southern Oregon Multiple Listing
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