Oregon market statistics

By
Real Estate Agent with Keller Williams Realty Mid-Willamette

We all hear how "bad" the market is right now, but do you ever look at the actual numbers?  I know that I frequently overlook them & their importance, but sometimes I will check them out & be pleasantly surprised.  Just for kicks, I thought I'd post the recent statistics for the Mid-Willamette Valley. 

These stats are for the month of November, 2008 - cover Linn & Benton counties, and were pulled from our local MLS - Willamette Valley Multiple Listing Service, based in Salem, OR:

Residential/Acreage Types

Albany

North Albany

Brownsville

Corvallis

Lebanon

Sweet Home

Units Sold 12 mos to date

510

106

14

509

250

147 

Average Sales Price

$196,698

$313,098

$225,686

$299,634

$180,022

$160,442

Average Square Footage

1,569

2,231

1,678

1,827

1,499

 1,405

Average Cost per Square Foot

$125.00

$140.00

$134.00

$164.00

$120.00

$114.00

Average Days on the Market

149

158

123

115

133

153

Currently Active

392

107

32

333

263

170

http://www.wvmls.com/web/statistics.asp 

 

 

 

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Topic:
Real Estate Market Trends
Location:
Oregon
Tags:
buyers
homes for sale
investors
days on market
home inventory
sellers
current available homes

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Rainmaker
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Margaret Oscilia
Creative Concepts-Home Staging and Contracting, Salem Oregon - Salem, OR
Home Stager, Salem Oregon

Being a former accountant I love statistics and think they are really helpful for sellers when trying to understand why their house hasn't sold or how long their house may be on the market.  We're seeing lots of activity as of late -- hope you are too!

Dec 12, 2008 10:21 AM #1
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Kristin D. Smith

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