RESIDENTIAL MARKET HIGHLIGHTS
Residential Review: Curry County Oregon May 2007 Reporting Period
Curry County, Oregon | New Listings | Pending Sales | Closed Sales | Average Sale Price | Median Sale Price | Average Market Time |
Mayl 2007 | 98 | 28 | 21 | 329,700 | 289,000 | 127 |
Year to Date | 391 | 123 | 108 | 325,100 | 277,000 | 166 |
Mayl 2006 | 129 | 36 | 26 | 289,100 | 265,000 | 110 |
Year To Date | 418 | 127 | 107 | 303,900 | 275,000 | 108 |
May Residential Highlights
Closed sales and accepted offers decreased 19.2% and 22.2% respectively when comparing May 2007 to May 2006. New listings also dropped 24%.
Year-to-Date Trends
Comparing January-May 2007 to January-May 2006, closed sales were up a slight 0.9%. However, pending sales decreased 3.2%. The number of new listings also dropped 6.5%.
Appreciation
Comparing the 12 months ending with May 2007 to the 12 immediately prior, average sale price fell 3.8% ($316,500 v. $329,000). Using the same formula we can see that the median sale price also decreased 7.7% ($275,000 v. $298,000).
Comments(3)