market conditions in southern oregon: Beautiful Southern Oregon
- 01/08/09 03:52 AM
Southern Oregon is a beautiful place to relocate to with the mountains, pastoral views, friendly folks and close proximity to the ocean. Many that relocate here are stunned by the many walking and hiking trails throughout our region and the tranquil setting of the many parks, lakes and rivers. The weather is the best with mild temperatures, and four seasons! We too have had our share of short sales and foreclosures. Our median price has dropped from $365,000 to $224,000 making homes affordable once again in this area. Many people come here and purchase second homes until they can retire here. Our population has more (3 comments)
We, here at REDD MCCARTY REALTORS, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Since Southern Oregon is a fairly large region and pretty diversified, lets look at the different areas to give you a better idea of what is going on locally. Grants Pass Oregon real estate is still slowing down some which gives more choices to buyers.According to the Multiple Listing stats available to real estate agents, in August there were 68 homes sold. 153 homes came on the market to join the 695 homes already on the market. 24 homes went into escrow (0 comments)