Active Listings

2016 Year View Sold Update by City

The past two years have seen a steady increase in home price and a decrease in inventory. Here is a look at median and mean prices by top selling city for the 3 bed, 2 bath, stick-built, home on a lot.

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.

The 3 bed, 2 bath, stick-built, homes on less than an acre represents about one third of all residential home sales.

The top 7 selling cities represent about 75% of total sales by count since 2015.

zip – %

  1. Salem – 38.5%
  2. Albany – 12.4%
  3. Keizer – 9.1%
  4. Corvallis – 6.2%
  5. Lebanon – 4.9%
  6. Dallas – 4.3%
  7. Sweet Home – 2.6%

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.  The interactive charts and graphs are geared toward numbers people and are best viewed on the big screen. You can find the link to the  Active Properties Update pages in the main menu.

How to use some of the active property views

What do the config abbreviations mean?

Contact Matt for more analysis.

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.

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