Willamette Valley Oregon Market Trends
Market Overview through August 2012
In the month of August 2012, there were 1091 new listings that came on the market and a total of 5636 listings available. In the month of August 2011 there were 1066 new listings that came on the market and a total of 6426 on the market. That is a 12.3% decrease in listings available this year over last year at the same time.
In August 2012, there were 664 closed sales. With that number of closed sales we have approximately 8.4 months of inventory on the market.
Days on the market currently are:
Closed Sales in Units for the last five years:
The percent of sales price to list price was 90.8% in Salem/Keizer, 94.6% in Benton County, 90.7% in Linn County, 90.1% in Marion County, and 90.2% in Polk County.
Average Sales Price comparing last year to this year:
Area August 2011 August 2012 %change
Salem/Keizer $178,756 $169,233 -5.4%
Benton County $255,960 $271,628 +5.8%
Linn County $143,037 $152,541 +6.3%
Marion County $183,728 $186,703 +1.6%
Polk County $169,591 $175,442 +3.4%
Source: Willamette Valley Multiple Listing Service