Silverton Oregon Real Estate Update January 2020

By
Real Estate Agent with Keller Williams Capital City 970700173

How was the real estate market in January? I know I know, I am about 30 days late getting this out.  But, better late than never.

Only one large acreage property sold in January, but 8 homes in town did sell. This low inventory is pretty seasonal for January, but we are seeing a shortage of inventory across the board. Of the 8 homes that sold in town, the average sold price increased over all of 2019, as did the list to sale ratio.  Sellers saw 99.26% of their asking price.  There were28 homes for sale in January, creating a 3.5 month inventory of supply, which still indicates a seller's market, but it is slowly creeping towards a balanced market.

To see the full infograph for the Silverton Real Estate Market Update in January, click the link.

Silverton Oregon Real Estate Update

Comments (3)

Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update Catherine, all the best to you as you get many of these properties listed and sold.

Sally

 

Mar 05, 2020 10:34 PM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Catherine, at least you are doing market reports. I haven't done one in  awhile and need to get busy doing so.

Mar 06, 2020 09:57 AM
Catherine Ulrey

Don't be too impressed, I haven't done them in years!  LOL!

Mar 08, 2020 07:37 PM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Mar 07, 2020 06:22 AM