Active Properties Update

HomeStar Brokers LLC
4093 Commercial St SE, Salem, OR 97302

These pages are updated every 30 minutes during daytime hours giving you an up-to-the-half-hour view of the active market. Here you can find the mid-valley market by config and by several forms of analysis. Be prepared to spend some time getting familiar with the views until you find your favorite pages.

TABLE OF CONTENTS

Since these charts are designed for serious research pleasure they view better on a big screen. If  you are on the road and mobile the MLS pages will give you a quick look at what is on the market by city and zip. Also mobile friendly are the City Pages, County pages, and Zip pages.

How to use the City, County, and Zip pages

A short tutorial on using the Active Properties Update page

Active Residential, Bare Land, Multi-family, and Commercial Update

So, you have $250k to invest in real estate. I wonder what that will get you? These pages can help answer that question. Want to buy a residence, a multi-family home, investment acreage, some commercial property? Take a look below.

How to use the Active Properties Update pages

 

The Active Graphs

Here is a chart of what is newly active (or back on the market) today. When you see the chart the number in parentheses (##) is the number of newly active properties today.

New_Active_Today
>
New_Active_Today_config
New_Active_Today_config New Actives by Configuration
net3d_newactive
net3d_newactive A 3d Network View of the New Actives

Newly Active today in a sortable summary table

Table of Contents
The MLS Pages
City, County, and Zip pages showing $/SqFt x Price x Config
CITY, COUNTY, AND ZIP PAGES SHOWING $/ACRE X PRICE X CONFIG
Active Residential Homes on Lots less than one acre and less than 180 days-on-market
Active Residential Homes on Lots less than one acre and more than 180 days-on-market
Active Acreage Homes on Lots more than one acre
Active Acreage Homes by acreage
Active Commercial
 Active Bare Land by property configuration
Multi-Family
Did not make the top active list
The Price per SqFt & Acre Graphs

> For those who like to analyze things.

These charts are based on price per square foot for homes.

Here are a few observations about the $/SqFt charts and how to compare properties.

  1. The property price is charted along the x axis and $/SqFt is along the y axis.
  2. Plot points that appear closer to the x axis represent homes that are cheaper per square foot by comparison to other properties on the chart.
  3. Plot points that appear closer to the y axis are more expensive per square foot.
  4. To say this another way – Properties in the ….:
    1. Lower-left corner are the least expensive price and the lowest $/SqFt.
    2. Upper-right corner are the most expensive in both ways – total price and $/SqFt.
    3. Upper-left are more $/SqFt and lower total price.
    4. Lower-right are lower $/SqFt but higher price.
  5. When two properties are similar or – what happens when we start drawing lines on the chart:
    1. Horizontal lines – when you compare properties that fall on or near a horizontal line it means:
      1. They both have about the same $/SqFt.
      2. The properties to the left are less expensive which means they will have less total square footage.
      3. The properties to the right are more expensive which means they have more total square footage.
    2. Vertical lines – when you compare properties that fall on or near a vertical line it means:
      1. They both are about the same price.
      2. The lower properties are less $/SqFt which means they will have more total square footage.
      3. The higher properties are more $/SqFt which means they have less total square footage.
    3. What does this mean – why would anyone care? You may find these charts useful in several ways:
      1. You are looking for a bargain, perhaps a fixer-upper. You have cash to invest or you have access to renovation money. These charts will let you quickly locate properties in a city that match this. Lower cost per square foot often means cash only, as-is, potential fixer-upper/flipper locations.
      2. You are an investor who thinks about square-footage, cost/square foot, and what numbers will cash-flow for you for rental/lease/fix-and-sell properties.
Active Homes $/SqFt and DOM charts
Active Bare Land (> 1 acre) $/Acre and Price charts

Hey Matt – Why did you do this? Especially when there are already lots of property search methods that work really well?

I think we have all been looking for a way to get a clear view of our real estate options. My goal is to present the information in a much more concise view that allows you to quickly summarize your options. This is done by dividing the active marketplace into manageable chucks that can be viewed on one page. You still need to pick the chuck that fits your research goals, but you do not need to subscribe to anything and you can achieve this by selecting fewer search parameters.

  • Sellers – you can see comparable home prices.
  • Buyers and investors – you can quickly view your options in particular price ranges, areas, and property configuration.

Regarding choosing your property focus – you will need to pick an area of interest:

  • Bare land or properties will homes
  • Commerical or multi-family
  • Price range, property config, or location

I hope your real estate research benefits from these pages.

Contact Matt for your real estate needs.

What do the config abbreviations mean?

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.

Some of the active pages in handy table format:

Residential
< 180 DOM< 1 Acre
< $200kBy ConfigTop CitiesTop Zips
$200-400kBy ConfigTop CitiesTop Zips
> $400kBy ConfigTop CitiesTop Zips
 The Highest Priced

A summary overview of the active market in a text table format

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