The top 7, mid-Willamette valley, cities make up about 78% of total sales by count for stick-built, 3 bed, 2 bath, residential homes on less than an acre during the past 23 months. Two charts per city. One chart portrays mean values and the other median.
Top 10 city percentages of total sales by count since January 2015:
- Salem 38.6%
- Albany 12.5%
- Keizer 9.3%
- Corvallis 6.2%
- Lebanon 4.8%
- Dallas 4.3%
- Sweet Home 2.5%
- Silverton 2.3%
- Independence 2.0%
- Stayton 1.8%
For the almost 23 month period presented, There are 87 cities in the 2015-2016 sold data. 2.0% of total sales by count is about 100 sales. 58 of the cities had 10 or less sales. Of these 58, 35 have 2 or less sales.
The charts show monthly mean(average) and median values. Blue lines and curves are mean and green lines and curves are median. The numbers below each monthly plot point are (from top to bottom): Mean/median sqft, $/sqft, percent that month represents of all sales in the chart by count, days on market (DOM), lot acres, and actual number of sales.
Note that values are for mean or median depending on the chart. Only the actual number of sales is the same on the median/mean charts for a particular county.
Inventory is still low and under 2900!
If you have been following our Active Properties Update pages then you know that I devote a lot of attention to posting up-to-the-half-hour updates on the market. These updates include many views that I hope you find helpful. You can find the link to the Active Properties Update pages in the main menu.
All numbers are based on my findings and may not agree with actual facts. Data is courtesy of Willamette Valley Multiple Listing Service which represents a subset of total real estate transactions in the area. Not to be viewed as investment advice. You have to make your own decisions.