March 2016 Market Action All Areas Report

Transcription

March 2016 Market Action All Areas Report
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Baker County, Oregon March Residential Highlights
Activity in Baker County is
showing a seasonal increase, but
measures are still under March
2015 levels. Closed sales (16)
increased 45.5% over February
2016 (11) but fell 20.0% short of the
20 closings posted in March 2015.
New listings (29) surged past the
20 new listings posted last month
but fell 14.7% short of the 34 new
listings offered last year in March
2015. Pending sales (22) fared
22.2% better than in February 2016
Change
2015
2016
Baker County
Residential
Highlights
New
Listings
Pending
Sales
March 2016 Reporting Period
(18) but were 24.1% behind the 29
offers accepted in March 2015.
Average and Median Sale Prices
Comparing the average price
of homes in the twelve months
ending March 31st of this year
($152,000) with the average price
of homes sold in the twelve months
ending March 2015 ($162,500)
shows a decrease of 6.5%. The
same comparison of the median
shows a decrease of 11.3% over
that same period.
Closed
Sales
Average
Sale Price
Total
Market
Time
Median
Sale Price
March
29
22
16
149,500
134,000
120
February
20
18
11
119,400
85,000
132
Year-to-date
63
53
37
133,500
99,900
146
March
34
29
20
144,600
139,800
424
Year-to-date
75
65
51
158,700
112,000
317
March
-14.7%
-24.1%
-20.0%
3.4%
-4.1%
-71.7%
Prev Mo 2016
45.0%
22.2%
45.5%
25.2%
57.6%
-9.1%
Year-to-date
-16.0%
-18.5%
-27.5%
-15.9%
-10.8%
-53.9%
Inventory in Months*
2014 2015 2016
January
10.8 12.9 11.6
February
19.9 10.3 11.3
March
13.5
8.9
7.9
April
15.3 12.1
May
12.3 12.8
June
15.5
8.7
July
13.7
8.7
August
9.8
6.2
September 14.2
5.9
October
26.4
9.1
November
7.4
6.3
December
13.6
4.3
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end of the
month in question by the number of closed sales
for that month. This includes proposed and under
construction homes.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
-6.5% ($152,000 v. $162,500)
Median Sale Price % Change:
-11.3% ($124,000 v. $139,800)
For further explanation of this measure, see the
second footnote on page 2.
220
ACTIVE
RESIDENTIAL
LISTINGS
200
BAKER COUNTY, OR
180
This graph shows the active
160
residential listings over the
140
past three calendar years in
Active Residential Listings
240
120
100
2014
2015
2016
JAN
172
180
116
FEB
159
175
124
MAR
175
178
127
APR
184
194
MAY
209
205
JUN
217
200
JUL
219
192
AUG
225
174
SEP
227
160
OCT
211
136
NOV
192
126
DEC
177
121
© Copyright RMLS™ 2016. All Rights Reserved.
Baker County, Oregon.
AREA REPORT • 3/2016
Baker County, Oregon
Average Sale Price
Closed Sales
Average Sale Price
Closed Sales
Avg. Sale Price % Change2
Closed Sales
Median Sale Price
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
460
461
Sumpter/McEwen/
Bourne/Phillips Lk/
Granit
Unity/
Hereford
Huntington/
Lime
Durkee/
Pleasant Valley
-
0
Richland/
New Bridge
11
2
Halfway/ Cornucopia
14
2
0
2
-
1
152,000
189
5
3
200.0%
2
129,800
129,800
-50.3%
Oxbow
-
0
0
0
-
0
-
-
0
0
-
0
-
-
-
0
-
0
-
0
-
Baker County
127
29
5
22
-24.1%
16
149,500
120
63
53
-18.5%
37
133,500
99,900
-6.4%
3
111,300
6
51,500
2
114,300
467
462
New Listings
Pending Sales
3
Total Market Time
Average Sale Price
-9.8%
463
Closed Sales
Pending Sales 2016 v. 20151
97,900
Haines/Anthony Lk/
Muddy Crk
464
Pending Sales
Expired.Canceled Listings
Year-To-Date
465
New Listings
MULTIFAMILY
Year-To-Date
466
Active Listings
LAND
Year-To-Date
Baker City/
Keating
468
1
COMMERCIAL
Year-To-Date
Average Sale Price
RESIDENTIAL
Current Month
68
23
3
18
-35.7%
14
158,200
117
48
45
-16.7%
29
133,600
6
1
0
1
-
1
25,000
88
2
1
0.0%
2
110,500
110,500 249.8%
-
-
-
0
-
-
3
2
-33.3%
2
127,500
127,500
3.9%
-
-
-
-68.7%
-
-
19,900 119.4%
-
-
111,300
3
78,400
-
2
114,300
-
-
-
2
21,800
-
-
1
30,000
-
-
-
-
-
24
1
2
2
0
0
1
-
0
-
-
0
1
0.0%
2
0
0
0
-
0
-
-
1
1
0.0%
1
19,900
0
0
-
0
-
-
0
0
-
0
-
-
-
0
-100.0%
0
-
-
4
0
-100.0%
1
310,000
310,000
53.1%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3
-
-
0
-
0
-
0
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
NEW LISTINGS
New Listings
BAKER COUNTY, OR
60
This graph shows
50
the new residential
40
listings over the
30
20
past three calendar
10
years Baker County,
0
Oregon.
2014
2015
2016
2
© Copyright RMLS™ 2016. All Rights Reserved.
This graph represents the average and median sale price
SALE PRICE
for all homes sold in Baker County, Oregon.
BAKER COUNTY, OR
Average and Median Sale Price
$350,000
$300,000
$250,000
$200,000
$150,000
Average Sale Price
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
Sep-11
$50,000
Jun-11
$100,000
Median Sale Price
PENDING LISTINGS
Pending Sales
BAKER COUNTY, OR
This graph represents
35
30
monthly accepted offers
25
in Baker County, Oregon
20
15
over the past three
10
calendar years.
5
0
2014
2015
2016
3
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
CLOSED SALES
This graph shows the closed sales over the past
BAKER COUNTY, OR
five calendar years in Baker County, Oregon.
Closed Sales
30
25
20
2012
15
2013
2014
10
2015
2016
5
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
0
DAYS ON MARKET This graph shows the average market time for
BAKER COUNTY, OR
sales in Baker County, Oregon over the past three
calendar years.
Average Total Market Time
500
450
400
350
300
250
200
150
100
50
0
2014 TMT
2015 TMT
2016 TMT
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Columbia Basin, Oregon March Residential Highlights
The Columbia Basin saw strong
numbers in closed sales this March.
At 68 for the month, closed sales
ended 44.7% higher than last year
in March 2015 (47) and 30.8% ahead
of last month in February 2016 (52).
Pending sales (75) dipped 9.6%
from last month in February 2016
(83) but fared 15.4% better than in
March 2015 when 65 offers were
accepted for the month. New
listings (98) rose 15.3% above the
85 new listings offered in February
2016 but fell 13.3% short of the 113
new listings offered in March 2015.
March 2016 Reporting Period
Average and Median Sale Prices
Comparing the average price
of homes in the twelve months
ending March 31st of this year
($153,800) with the average price
of homes sold in the twelve months
ending March 2015 ($155,200)
shows a decrease of 0.9%. The
same comparison of the median
shows an decrease of 2.2% over
that same period.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Total market time increased to
134 days this March. During the
same period, inventory decreased
slightly to 4.6 months.
Inventory in Months*
2014 2015 2016
January
14.9
9.7
5.4
February
11.5
9.2
6.1
March
10.4
8.0
4.6
April
10.8
6.1
May
10.5
9.4
June
6.7
5.7
July
9.1
4.5
August
9.5
5.1
September
8.4
6.9
October
8.4
5.6
November
6.9
8.1
December
6.3
4.9
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end of
the month in question by the number of closed
sales for that month. This number includes
proposed and under construction homes.
Average Sale Price % Change:
-0.9% ($153,800 v. $155,200)
Median Sale Price % Change:
-2.2% ($140,900 v. $144,000)
For further explanation of this measure,
see the second footnote on page 3.
Change
2015
2016
Columbia Basin
Residential
Highlights
New
Listings
Pending
Sales
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
98
75
68
172,500
151,900
134
February
85
83
52
150,600
147,000
100
Year-to-date
256
216
186
152,600
140,500
122
March
113
65
47
152,600
154,900
123
Year-to-date
251
169
130
154,200
149,800
135
-13.3%
15.4%
44.7%
13.0%
-1.9%
8.7%
15.3%
-9.6%
30.8%
14.5%
3.3%
34.0%
2.0%
27.8%
43.1%
-1.0%
-6.2%
-9.8%
March
Prev Mo 2016
Year-to-date
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Columbia Basin, Oregon
RESIDENTIAL
Year-To-Date
200.0%
4
89,800
78,500
27.8%
-
-
-
-
-
-
Condon/S
8
3
0
1
-
0
-
-
4
3
-
2
45,300
45,300
-38.8%
-
-
-
-
-
-
Gilliam Co. Total
17
5
1
1
-
1
45,000
303
9
6
500.0%
6
75,000
68,800
-0.7%
-
Boardman/NW
11
5
1
2
-50.0%
2
177,800
87
7
7
-22.2%
7
159,200
175,000
-7.0%
Irrigon
11
5
1
2
-66.7%
3
49,700
59
11
8
0.0%
10
112,600
97,500
0.4%
-
-
2
0
0
1
-
0
-
-
1
1
-
1
215,000
215,000
-58.3%
-
-
1
1
1
-
0
-
-
1
2
100.0%
2
133,000
133,000 348.8%
-
8
2
2
3
200.0%
3
51,700
227
6
6
20.0%
8
94,400
69,600
-8.3%
-
32
13
5
9
-18.2%
8
82,500
129
26
24
4.3%
28
124,200
129,500
-6.0%
8
3
2
-50.0%
5
180,200
92
12
13
44.4%
11
145,000
138,000
-6.4%
-
Hermiston
65
31
31
40.9%
22
207,000
86
85
83
29.7%
57
185,700
174,000
5.9%
Stanfield
5
4
2
100.0%
2
73,800
24
7
3
-40.0%
2
73,800
73,800
Ione
Lexington
-
Heppner/S
Umatilla
Echo
-
Pendleton City
Limits
9
-
Closed Sales
Pending Sales
New Listings
Total Market Time
Average Sale Price
Closed Sales
-
-
-
9
55,300
-
-
2
31,300
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11
50,900
-
-
1
25,500
1
85,000
-
-
1
45,000
2
308,500
-9.5%
-
-
-
-
-
-
-
-
-
-
1
1
-
Average Sale Price
3
Average Sale Price
5
Average Sale Price
303
Closed Sales
45,000
Closed Sales
1
3
-
Closed Sales
0
Pending Sales
1
Expired.Canceled Listings
2
New Listings
Avg. Sale Price % Change2
MULTIFAMILY
Year-To-Date
Median Sale Price
LAND
Year-To-Date
Average Sale Price
Pending Sales 2016 v. 20151
COMMERCIAL
9
Active Listings
380
381
420
421
422
423
424
430
431
432
433
435
436
437
438
439
Year-To-Date
Arlington/N
Morrow Co. Total
1
Pending Sales 2016 v. 20151
Current Month
1,600,000
1,600,000
0
0
1
0.0%
1
460,000
162
1
2
0.0%
1
460,000
460,000
0.7%
-
-
92
24
8
17
70.0%
17
193,200
153
63
49
69.0%
48
151,800
136,800
1.6%
-
-
E-Meacham, Cayuse
1
1
0
0
-
0
-
-
1
0
-
1
40,000
40,000
-
-
-
NE-Athena, Helix,
Adams, Weston
23
6
3
3
0.0%
4
122,300
479
11
8
14.3%
9
133,700
114,000
-6.4%
-
-
S-Pilot Rock, Ukiah
14
1
3
1
-50.0%
0
-
-
3
3
0.0%
4
92,300
92,000
-43.6%
-
-
Milton-Freewater
56
10
3
8
-27.3%
8
149,000
84
38
25
-3.8%
19
145,500
137,500
0.6%
1
130,000
Umatilla Co. Total
264
80
26
65
20.4%
59
186,900
131
221
186
28.3%
152
160,900
148,800
1.1%
1
130,000
3
-
66,000
-
-
2
122,300
-
-
-
2
30,000
-
-
1
40,000
-
-
-
-
-
8
46,100
5
189,300
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
2
© Copyright RMLS™ 2016. All Rights Reserved.
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
550
500
COLUMBIA BASIN, OR
450
This graph shows the active
400
residential listings over the
350
past three calendar years in
300
Columbia Basin, Oregon.
250
2014
2015
2016
JAN
402
350
317
FEB
402
359
317
MAR
425
378
313
APR
420
391
MAY
430
393
JUN
445
381
JUL
483
395
AUG
504
375
NEW LISTINGS
SEP
471
388
OCT
412
397
NOV
382
365
DEC
344
332
New Listings
COLUMBIA BASIN, OR
This graph shows
120
the new residential
100
listings over the past
80
three calendar years in
60
Columbia Basin, Oregon.
40
20
2014
3
2015
© Copyright RMLS™ 2016. All Rights Reserved.
2016
PENDING LISTINGS
Pending Sales
COLUMBIA BASIN, OR
This graph represents
90
80
monthly accepted offers
70
in Columbia Basin,
60
50
Oregon over the past
40
30
three calendar years
20
10
2014
2015
2016
CLOSED SALES
COLUMBIA BASIN, OR
This graph shows the
closed sales over the past
five calendar years in
Columbia Basin, Oregon.
Closed Sales
90
80
70
60
2012
50
2013
40
2014
30
2015
20
2016
10
0
DAYS ON MARKET
Average Total Market Time
COLUMBIA BASIN, OR
300
This graph shows the
250
average market time for
200
sales in Columbia Basin,
150
Oregon, over the past
100
three calendar years.
50
2014 TMT
2015 TMT
2016 TMT
4
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
This graph represents the average and median sale
SALE PRICE
price for all homes sold in Columbia Basin, Oregon.
COLUMBIA BASIN, OR
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
Average and Median Sale Price
$200,000
$180,000
$160,000
$140,000
Average Sale Price
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
Jan-16
Mar-16
Nov-15
Jul-15
Median Sale Price
Sep-15
May-15
Jan-15
Mar-15
Nov-14
Jul-14
Sep-14
May-14
Jan-14
Mar-14
Nov-13
Jul-13
Sep-13
May-13
Jan-13
Mar-13
Nov-12
Jul-12
Sep-12
May-12
Jan-12
Mar-12
$80,000
Jul-11
$100,000
Nov-11
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
$120,000
Sep-11
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Coos County, Oregon March Residential Highlights
Coos County saw an uptick in
new listings this March. At 120, new
listings rose 7.1% over the 112 new
listings offered in March 2015 and
27.7% above the 94 offered last month
in February 2016. Pending sales (77)
fared 13.2% better than in February
2016 (68) but fell 6.1% short of the 82
offers accepted in March 2015. Closed
sales (65) similarly rose 12.1% ahead
of February 2016 (58) but were 3.0%
behind the 67 closings posted last year
Coos County
Residential
Highlights
New
Listings
Change
2015
2016
March
Pending
Sales
120
February
in March 2015. Inventory decreased
slightly to 6.3 months in March.
Average and Median Sale Prices
Comparing the average price of
homes in the twelve months ending
March 31st of this year ($186,600)
with the average price of homes sold
in the twelve months ending March
2015 ($168,700) shows an increase of
10.6%. The same comparison of the
median shows an increase of 15.6%
over that same time.
Closed
Sales
77
Average
Sale Price
Total
Market
Time
Median
Sale Price
65
187,600
180,000
206
94
68
58
179,900
157,500
140
Year-to-date
308
219
187
180,400
166,000
165
March
112
82
67
174,300
158,000
173
Year-to-date
294
232
184
162,200
148,500
174
7.1%
-6.1%
-3.0%
7.6%
13.9%
19.3%
27.7%
13.2%
12.1%
4.3%
14.3%
47.1%
4.8%
-5.6%
1.6%
11.2%
11.8%
-4.9%
March
Prev Mo 2016
Year-to-date
Active Residential Listings
March 2016 Reporting Period
Inventory in Months*
2014 2015 2016
January
10.4 10.8
6.0
February
13.2
7.2
6.6
March
13.1
7.5
6.3
April
9.1
6.9
May
9.3
7.2
June
8.7
5.8
July
7.9
6.4
August
7.9
6.3
September
7.8
5.9
October
9.4
5.2
November
10.8
6.4
December
7.8
4.7
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end of the
month in question by the number of closed sales
for that month. This includes proposed and under
construction homes.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
+10.6% ($186,600 v. $168,700)
Median Sale Price % Change:
+15.6% ($170,000 v. $147,000)
For further explanation of this measure, see
the second footnote on page 2.
ACTIVE
RESIDENTIAL
LISTINGS
700
650
600
COOS COUNTY, OR
550
This graph shows the active
500
450
residential listings over the
400
past three calendar years in
350
2014
2015
2016
JAN
512
496
381
FEB
542
487
382
MAR
549
504
411
APR
592
530
MAY
606
539
JUN
628
564
JUL
665
567
AUG
653
565
SEP
631
529
OCT
591
467
NOV
563
456
DEC
506
393
© Copyright RMLS™ 2016. All Rights Reserved.
Coos County, Oregon.
AREA REPORT • 3/2016
Coos County, Oregon
RESIDENTIAL
464
1
0
-
0
-
-
50
13
34
-8.1%
29
190,000
37
11
5
10
25.0%
8
Lakeside
44
10
3
3
0.0%
Myrtle Point
41
11
3
3
North Bend
56
24
5
Broadbent
0
Coos Bay
154
Coquille
Powers
Coos County
1
0
4
411
42
35
12.9%
0
-
-
-
0
-
0
-
0
-
196,800
177,000
1.8%
-
-
-
-
0
28
0
0
128
122
88
-12.9%
74
174,100
179,500
16.2%
204,200
115
34
30
-14.3%
23
197,100
185,000
21.7%
-
6
153,600
286
28
12
71.4%
8
175,500
148,500
-3.9%
-66.7%
2
82,000
210
25
13
-40.9%
18
181,200
149,500
15
15.4%
9
205,100
171
57
41
24.2%
34
177,200
-100.0%
2
187
0
0
0
-100.0%
0
-
-
120
37
77
-6.1%
65
187,600
206
0
-
308
219
-
Average Sale Price
192,500
Closed Sales
11
Average Sale Price
20.0%
Closed Sales
Pending Sales 2016 v. 20151
12
Average Sale Price
Pending Sales
6
Closed Sales
New Listings
-
Avg. Sale Price % Change2
Total Market Time
0
14
Year-To-Date
Median Sale Price
Average Sale Price
0
75
MULTIFAMILY
Year-To-Date
Average Sale Price
Closed Sales
-
Bandon
LAND
Year-To-Date
Closed Sales
Pending Sales 2016 v. 20151
-
0
3
Pending Sales
0
0
Expired.Canceled Listings
-
New Listings
0
Allegeny
COMMERCIAL
Year-To-Date
1
Active Listings
97466 97459 97458 97449 97423 97420 97414 97411 97407
Current Month
-5.6%
0
-
12
2
0
-
-
-
0
-
8
40,000
-
3
41,500
-
-
-
-
2
45,000
-
-
-8.8%
-
-
180,000
10.4%
-
-
59,000
59,000
75.9%
-
-
180,400
166,000
10.6%
2
190,000
72,800
2
-
190,000
27
3
171,700
-
1
150,000
72,800
4
264,800
57,500
-
8
215,500
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
New Listings
NEW LISTINGS
180
COOS COUNTY, OR
160
This graph shows the new
140
120
residential listings over
100
the past three calendar
80
60
years in Coos County,
40
Oregon.
20
2014
2015
2016
2
© Copyright RMLS™ 2016. All Rights Reserved.
SALE PRICE
COOS COUNTY, OR
$350,000
This graph represents the average and median sale price for all homes sold in
Coos County, Oregon.
Average and Median Sale Price
$300,000
$250,000
$200,000
$150,000
$50,000
Dec-06
Mar-07
Jun-07
Sep-07
Dec-07
Mar-08
Jun-08
Sep-08
Dec-08
Mar-09
Jun-09
Sep-09
Dec-09
Mar-10
Jun-10
Sep-10
Dec-10
Mar-11
Jun-11
Sep-11
Dec-11
Mar-12
Jun-12
Sep-12
Dec-12
Mar-13
Jun-13
Sep-13
Dec-13
Mar-14
Jun-14
Sep-14
Dec-14
Mar-15
Jun-15
Sep-15
Dec-15
Mar-16
$100,000
Average Sale Price
Median Sale Price
PENDING LISTINGS
Pending Sales
COOS COUNTY, OR
This graph represents
120
110
100
90
80
70
60
50
40
30
20
monthly accepted offers
over the past three
calendar years in Coos
County, Oregon.
2014
2015
2016
3
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
CLOSED SALES
This graph shows the closed sales over the past five
COOS COUNTY, OR
calendar years in Coos County, Oregon.
Closed Sales
100
90
80
70
60
2012
50
2013
40
2014
30
2015
20
2016
10
0
DAYS ON MARKET This graph shows the average market time for sales
COOS COUNTY, OR
in Coos County, Oregon, over the past three calendar
years.
Average Total Market Time
300
250
200
150
100
50
RMLS was formed by area
Boards and Associations of
REALTORS® in 1991.
™
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
2014 TMT
2015 TMT
2016 TMT
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Curry County, Oregon March Residential Highlights
New listings and closed sales fared
well this March in Curry County.
Closed sales (40) fared 66.7% better
than in March 2015 (24) and 17.6%
better than last month in February
2016 (34). It was the strongest March
for closings on the RMLS™ record for
Curry County.
New listings (81) rose 17.4% over
the 69 new listings posted in March
2015 and 58.8% above the 51 new
listings offered last month in February
2016.
2016
Curry County
Residential
Highlights
New
Listings
2015
Pending sales (46) decreased 14.8%
compared to March 2015 (54) and
17.9% compared to February 2016 (56).
Average and Median Sale Prices
Comparing the average price of
homes in the twelve months ending
March 31st of this year ($256,100)
with the average price of homes sold
in the twelve months ending March
2015 ($221,000) shows an increase of
15.9%. The same comparison of the
median shows an increase of 18.9%
over the same period.
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
81
46
40
221,900
182,500
225
February
51
56
34
265,300
237,500
232
177
126
105
250,600
225,000
224
69
54
24
222,800
202,500
280
180
126
86
210,700
180,000
274
March
17.4%
-14.8%
66.7%
-0.4%
-9.9%
-19.7%
Prev Mo 2016
58.8%
-17.9%
17.6%
-16.4%
-23.2%
-3.0%
Year-to-date
-1.7%
0.0%
22.1%
18.9%
25.0%
-18.3%
Year-to-date
Change
Pending
Sales
March 2016 Reporting Period
March
Year-to-date
Inventory in Months*
2014 2015 2016
January
17.7 10.8 9.8
February
21.4 12.4 8.9
March
12.0 14.8 8.1
April
14.6 7.3
May
14.4 11.1
June
15.5 8.2
July
14.5 8.1
August
11.6 6.9
September 13.2 6.9
October
8.1 6.2
November 10.5 9.8
December
9.3 5.7
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end of the
month in question by the number of closed sales
for that month. This includes proposed and under
construction homes.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
+15.9% ($256,100 v. $221,000)
Median Sale Price % Change:
+18.9% ($220,000 v. $185,000)
For further explanation of this measure, see
the second footnote on page 2.
500
ACTIVE
RESIDENTIAL
LISTINGS
450
CURRY COUNTY, OR
400
This graph shows the active
350
residential listings over the
300
past three calendar years in
Active Residential Listings
550
250
2014
2015
2016
JAN
406
347
304
FEB
386
348
303
MAR
420
356
323
APR
454
387
MAY
488
431
JUN
512
451
JUL
535
429
AUG
499
415
SEP
475
382
OCT
423
361
NOV
398
343
DEC
352
297
Curry County, Oregon.
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Curry County, Oregon
33
3
20
0.0%
16
264,200
144
65
45
-6.3%
39
299,100
245,000
16.5%
4
161,300
61
17
6
9
-30.8%
8
191,800
149
40
25
8.7%
20
236,300
225,000
10.0%
1
33,000
Carpenterville,
Cape Ferrello,
Whaleshead
31
8
1
4
100.0%
3
276,300
266
18
7
-22.2%
8
314,700
288,700
22.2%
Gold Beach
95
18
1
8
-46.7%
8
213,800
424
42
33
-2.9%
25
224,800
185,000
24.0%
Port Orford
44
5
6
5
25.0%
5
115,300
259
12
16
33.3%
13
137,200
123,500
-12.3%
323
81
17
46
-14.8%
40
221,900
225
177
126
0.0%
105
250,600
225,000
15.9%
274
-
1
-
275,000
-
6
158,900
7
-
Average Sale Price
Closed Sales
Average Sale Price
Closed Sales
Closed Sales
Avg. Sale Price % Change2
Median Sale Price
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
New Listings
Pending Sales
3
Total Market Time
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
92
Harbor,
Winchuck,
SB Chetco
273
270
Pending Sales
Expired.Canceled Listings
Year-To-Date
271
New Listings
MULTIFAMILY
Year-To-Date
272
Active Listings
LAND
Year-To-Date
City, Airport,
Marina Hts.,
NB Chetco
Curry County
1
COMMERCIAL
Year-To-Date
Average Sale Price
RESIDENTIAL
Current Month
73,300
3
325,800
-
-
-
1
70,000
-
-
4
167,500
2
350,000
3
80,700
2
162,500
15
99,700
7
286,100
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
NEW LISTINGS
New Listings
CURRY COUNTY, OR
120
This graph shows the
100
new residential listings
80
60
over the past three
40
calendar years in Curry
20
County, Oregon.
0
2014
2015
2016
2
© Copyright RMLS™ 2016. All Rights Reserved.
This graph represents the average and median sale price for all
SALE PRICE
homes sold in Curry County, Oregon.
CURRY COUNTY, OR
Average and Median Sale Price
$450,000
$400,000
$350,000
$300,000
$250,000
$200,000
Average Sale Price
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
Sep-11
Jun-11
Mar-11
Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
$100,000
Mar-09
$150,000
Median Sale Price
PENDING LISTINGS
Pending Sales
CURRY COUNTY, OR
80
This graph represents
70
60
monthly accepted offers
50
over the past three
40
30
calendar years in Curry
20
County, Oregon.
10
2014
2015
2016
3
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
CLOSED SALES
This graph shows the closed sales over the past five
CURRY COUNTY, OR
calendar years in Curry County, Oregon.
Closed Sales
60
50
40
2012
30
2013
2014
20
2015
2016
10
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
0
DAYS ON MARKET
CURRY COUNTY, OR
This graph shows the average market time for sales
in Curry County, Oregon, over the past three
calendar years.
Average Total Market Time
450
400
350
300
250
200
150
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
100
2014 TMT
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
2015 TMT
2016 TMT
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Douglas County, Oregon March Residential Highlights
March brought plenty of pending
and closed sales to Douglas County.
Pending sales (180) increased 24.1%
compared to March 2015 and 23.3%
compared to February 2016. This
was the strongest March for accepted
offers in Douglas County since 2005,
when 188 offers were accepted for
the month!
Closed sales (126) were strong
as well, rising 10.5% over the 114
closings posted in March 2015 and
43.2% over the 88 closings posted
last month in February 2016. Again
the strongest March for closings since
2005, when 127 were posted.
New listings (195) rose 25.8%
above the 155 new listings posted
in February 2016, but fell 8.9% short
of the 214 posted last year in March
2015.
March 2016 Reporting Period
Inventory fell in March to 4.8
months, and total market time
increased to 180 days during the
same period.
Average and Median Sale Prices
Comparing the average price
of homes in the twelve months
ending March 31st of this year
($187,600) with the average price
of homes sold in the twelve months
ending March 2015 ($179,700)
shows an increase of 4.4%. The
same comparison of the median
shows an increase of 7.1% over the
same period.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
Inventory in Months*
2014 2015 2016
January
9.9 11.1 6.4
February
12.9 9.3 7.3
March
10.5 7.0 4.8
April
10.0 6.5
May
10.4 9.4
June
8.8 5.4
July
9.1 6.5
August
7.9 6.9
September
9.5 5.7
October
6.7 4.9
November
9.3 6.3
December
6.0 5.3
*Inventory in Months is calculated by
dividing the Active Residential Listings at
the end of the month in question by the
number of closed sales for that month.
This number includes proposed and under
construction homes.
+4.4% ($187,600 v. $179,700)
Median Sale Price % Change:
+7.1% ($165,000 v. $154,000)
For further explanation of this measure, see the
second footnote on page 2.
Change
2015
2016
Douglas County
Residential
Highlights
New
Listings
Pending
Sales
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
195
180
126
171,200
148,800
180
February
155
146
88
179,300
160,000
152
Year-to-date
519
424
317
176,300
159,900
159
March
214
145
114
178,900
140,000
136
Year-to-date
567
364
259
173,000
145,000
158
March
-8.9%
24.1%
10.5%
-4.3%
6.3%
32.2%
Prev Mo 2016
25.8%
23.3%
43.2%
-4.5%
-7.0%
18.4%
Year-to-date
-8.5%
16.5%
22.4%
1.9%
10.3%
0.3%
*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Douglas County, Oregon
Average Sale Price
Closed Sales
Average Sale Price
Closed Sales
Closed Sales
Avg. Sale Price % Change2
Median Sale Price
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
Pending Sales
New Listings
Total Market Time 3
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
7
16
45.5%
8
199,400
120
54
43
30.3%
36
186,900
174,500
13.9%
2
532,500
7
51,800
2
420,000
NW Roseburg
63
18
4
19
26.7%
12
312,500
99
53
41
17.1%
33
286,900
265,000
7.0%
2
820,000
4
103,100
1
223,000
SE Roseburg
31
15
6
8
-20.0%
7
178,000
158
40
21
-19.2%
20
156,500
137,500
14.4%
2
89,000
2
49,500
1
95,000
SW Roseburg
39
16
6
15
-11.8%
10
147,100
167
42
41
10.8%
32
188,900
163,500
7.0%
1
700,000
5
193,700
1
115,500
255
Pending Sales
24
Glide &
E of Roseburg
44
10
3
6
-14.3%
3
233,700
1,160
23
11
-21.4%
9
217,600
265,000
5.6%
2
92,300
-
-
Sutherlin/
Oakland Area
82
27
7
27
80.0%
19
160,500
134
69
52
26.8%
43
158,500
159,900
-6.4%
2
52,500
-
-
Winston &
SW of Roseburg
51
23
3
25
108.3%
12
193,100
177
51
46
21.1%
30
188,800
168,000
10.4%
-
6
111,800
-
-
Myrtle Creek & S/SE
of Roseburg
92
29
10
31
93.8%
30
131,900
147
88
86
68.6%
55
148,000
132,000
9.6%
89,800
6
110,500
Green District
48
11
2
14
7.7%
8
117,100
109
40
35
-7.9%
28
136,500
151,500
5.3%
North Douglas
County
89
22
8
19
-34.5%
17
150,100
254
59
48
-5.9%
31
133,000
120,000
10.6%
1
725,000
602
195
56
180
24.1%
126
171,200
180
519
424
16.5%
317
176,300
159,900
4.4%
14
403,000
265
259
254
253
252
63
256
Expired.Canceled Listings
Year-To-Date
257
New Listings
Active Listings
MULTIFAMILY
Year-To-Date
258
251
LAND
Year-To-Date
NE Roseburg
Douglas County
1
COMMERCIAL
Year-To-Date
Average Sale Price
RESIDENTIAL
Current Month
-
2
4
-
487,500
-
3
145,800
-
1
995,000
1
59,000
1
120,000
35
100,700
10
282,600
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-ToDate section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31
days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
DAYS ON MARKET
DOUGLAS COUNTY, OR
This graph shows the average market
time for sales in Douglas County,
Oregon, over the past three calendar
years.
Average Total Market Time
275
250
225
200
175
150
125
100
75
2014 TMT
2
© Copyright RMLS™ 2016. All Rights Reserved.
2015 TMT
2016 TMT
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
1,000
950
900
DOUGLAS COUNTY, OR
850
This graph shows the active
800
residential listings over the
750
past three calendar years in
700
650
Douglas County, Oregon.
600
550
2014
2015
2016
JAN
782
722
640
FEB
776
734
638
MAR
795
797
602
APR
867
817
MAY
922
859
JUN
938
872
JUL
960
899
AUG
945
858
NEW LISTINGS
the new residential
listings over the past
three calendar years
in Douglas County,
Oregon.
OCT
834
746
NOV
787
711
DEC
679
599
New Listings
DOUGLAS COUNTY, OR
This graph shows
SEP
911
805
250
230
210
190
170
150
130
110
90
70
50
2014
2015
2016
PENDING LISTINGS
Pending Sales
DOUGLAS COUNTY, OR
This graph represents
200
180
monthly accepted
160
140
offers over the past
120
three calendar years
100
80
in Douglas County,
60
Oregon.
40
2014
2015
2016
3
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
CLOSED SALES
DOUGLAS COUNTY, OR
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
This graph shows the closed sales over the past five calendar years
in Douglas County, Oregon.
Closed Sales
180
160
140
120
2012
100
2013
80
2014
60
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
0
This graph represents the average and median sale price
SALE PRICE
for all homes sold in Douglas County, Oregon.
DOUGLAS COUNTY, OR
Average and Median Sale Price
$260,000
$240,000
$220,000
$200,000
$180,000
$160,000
$140,000
$120,000
Median Sale Price
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
Mar-16
Jul-15
Nov-15
Mar-15
Jul-14
Nov-14
Mar-14
Jul-13
Nov-13
Mar-13
Jul-12
Nov-12
Mar-12
Jul-11
Nov-11
Mar-11
Jul-10
Average Sale Price
Nov-10
Mar-10
Jul-09
Nov-09
Mar-09
Jul-08
Nov-08
Mar-08
Jul-07
Nov-07
$80,000
Mar-07
$100,000
Jul-06
RMLS was formed by area
Boards and Associations of
REALTORS® in 1991.
™
2016
20
Nov-06
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
2015
40
Mar-06
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Grant County, Oregon 2015 but rose above the six offers
accepted last month in February
2016. Closed sales (7) numbered
one more than February 2016 and
one fewer than March 2015.
March Residential Highlights
Seasonal increases in activity
in Grant County were seen this
March. Nine new listings exactly
matched the nine offered last year in
March 2015, increasing from the five
new listings offered last month in
February 2016. Ten pending sales fell
one short of the 11 posted in March
Inventory decreased to 13.9
months in March, and total market
time increased to 354 days.
Average and Median Sales Prices
Comparing the average price
of homes in the twelve months
ending March 31st of this year
($147,900) with the average price of
homes sold in the twelve months
ending March 2015 ($145,300)
shows a increase of 1.8%. The same
comparison of the median shows
an decrease of 0.8% over the same
period.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
+1.8% ($147,900 v. $145,300)
Median Sale Price % Change:
-0.8% ($120,000 v. $121,000)
For further explanation of this measure, see the
second footnote on page 2.
2016
Grant County
Residential
Highlights
2015
New
Listings
Pending
Sales
Closed
Sales
Inventory in Months*
2014 2015
January
23.2 25.4
February
22.5
32
March
20.1 15.3
April
12.6 17.4
May
15.4 15.6
June
20.3 17.3
July
17.1 11.2
August
38.3 13.2
September 29.4 15.3
October
20.7
6.7
November
29 13.3
December
120
9.2
Average
Sale Price
2016
16.7
17.3
13.9
*Inventory in Months is calculated
by dividing the Active Residential
Listings at the end of the month in
question by the number of closed
sales for that month. This number
includes proposed and under
construction homes.
Median
Sale Price
Total
Market
Time
March
9
10
7
112,100
101,000
354
February
5
6
6
143,100
130,000
285
28
24
20
132,800
116,800
259
9
11
8
131,200
120,000
350
32
22
18
136,000
127,000
403
0.0%
-9.1%
-12.5%
-14.6%
-15.8%
1.2%
Prev Mo 2016
80.0%
66.7%
16.7%
-21.7%
-22.3%
24.2%
Year-to-date
-12.5%
9.1%
11.1%
-2.4%
-8.0%
-35.7%
Year-to-date
Change
March 2016 Reporting Period
March
Year-to-date
March
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
0
0
0
-
16
3
1
2
-
6
1
0
1
-
2
John Day
30
3
1
2
-66.7%
Kimberly
1
0
0
Long Creek
3
0
1
Monument
6
1
0
Mount Vernon
10
1
Prairie City
24
0
0
97
Canyon City
Dayville
Seneca
Year-To-Date
0
-
-
-
-
6
2
0.0%
1
165,000
165,000
30.4%
-
-
157,500
234
2
5
-
3
126,700
128,500
44.4%
-
-
2
148,000
397
9
5
-54.5%
7
158,200
140,000
10.6%
1
115,000
-
0
-
-
0
0
-
0
-
-
-
0
-
0
-
1
46,000
9
2
2
-
2
65,000
65,000
108.3%
1
-
0
-
-
1
1
-
0
-
-
-
2
-50.0%
0
-
-
2
3
-57.1%
3
150,000
105,000
8.4%
-
-
-
-
-
-
1
2
100.0%
2
64,000
604
6
6
200.0%
4
105,800
118,000
-40.9%
-
-
-
-
-
-
0
0
0
-
-
0
-
68.0%
-
-
1
21,000
-
-
9
4
10
-9.1%
116,800
1.8%
5
32,400
-
-
-
7
112,100
354
28
-
24
9.1%
-
20
132,800
0
-
-
Closed Sales
Closed Sales
Avg. Sale Price % Change2
Median Sale Price
Average Sale Price
Closed Sales
-
-
-
Pending Sales 2016 v. 20151
New Listings
0
-
-
Average Sale Price
MULTIFAMILY
Year-To-Date
Average Sale Price
LAND
Year-To-Date
0
-
0
Pending Sales
3
Total Market Time
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
Pending Sales
Expired.Canceled Listings
1
Grant County
1
New Listings
Active Listings
97873 97869 97865 97864 97856 97848 97845 97825 97820 97817
Bates
COMMERCIAL
Year-To-Date
Closed Sales
RESIDENTIAL
Current Month
Average Sale Price
Grant County, Oregon
1
-
1
55,000
-
-
-
-
-
1
29,800
-
-
0
-
2
28,000
0
-
-
0
0
-
115,000
0
-
0
-
-
0
-
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The
Year-To-Date section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within
31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
170
ACTIVE
RESIDENTIAL
LISTINGS
160
GRANT COUNTY, OR
Active Residential Listings
180
150
This graph shows the active
140
residential listings in Grant
130
120
County, Oregon.
110
100
90
80
2014
2015
2016
JAN
139
127
100
FEB
135
128
104
MAR
141
122
97
APR
151
122
MAY
154
125
JUN
142
121
JUL
154
123
AUG
153
119
2
SEP
147
122
OCT
145
114
NOV
145
106
© Copyright RMLS™ 2016. All Rights Reserved.
DEC
120
92
NEW LISTINGS
New Listings
GRANT COUNTY, OR
This graph shows the new
30
residential listings in
25
20
Grant County, Oregon.
15
10
5
0
2014
2015
2016
New Listings
SALE PRICE
30
GRANT COUNTY, OR
25
20
This graph represents the
15
average and median sale price
10
for all homes sold
5
in Grant County, Oregon.
0
2014
2015
2016
Pending Sales
PENDING LISTINGS
GRANT COUNTY, OR
16
This graph represents
14
monthly accepted offers in
10
Grant County, Oregon.
12
8
6
4
2
0
2014
3
2015
© Copyright RMLS™ 2016. All Rights Reserved.
2016
MULTIPLE LISTING SERVICE
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
CLOSED SALES
This graph shows the closed sales in Grant County,
GRANT COUNTY, OR
Oregon.
Closed Sales
17
16
15
14
13
12
11
10
9
8
7
6
5
4
3
2
1
0
2012
2013
2014
2015
2016
DAYS ON MARKET This graph shows the average market time for sales in
GRANT COUNTY, OR
Grant County, Oregon.
Average Total Market Time
1000
900
800
700
600
500
400
300
200
100
0
2014 TMT
2015 TMT
2016 TMT
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Josephine County, Oregon March Residential Highlights
Pending sales held steady
this March in Josephine County.
The three accepted offers exactly
matched both those offers accepted
one year ago in March 2015 and
last month in February 2016.
New listings in Josephine County
numbered seven this March—an
increase from the four new listings
posted last month in February 2016
but a decrease from the ten new
listings posted during the same
month last year in March 2015.
RMLS™ recorded no closed sales in
March 2016 for Josephine County.
March 2016 Reporting Period
Average and Median Sale Prices
Comparing the year to date
through March 2016 to the year prior
through March 2015, the average sale
price in Josephine County decreased
3.0% from $223,000 to $216,300. In
the same comparison, the median
increased 14.8% from $195,000 to
$223,900.
Note: RMLS™ is a supplementary MLS for Jackson County, so data
reported in the Area Report will not reflect the entire market.
Change
2015
2016
Josephine County
Residential
Highlights
New
Listings
Pending
Sales
Inventory in Months*
2014 2015 2016
January
N/A 12.5 13.5
February
N/A 11.5 24.0
March
N/A
7.1 N/A
April
N/A
20
May
N/A 11.4
June
N/A 11.2
July
N/A
3.8
August
7.7 11.2
September
12.1
7.1
October
7.5
6.5
November
8.4 10.3
December
10.7
25
*Inventory in Months is calculated by dividing the Active Residential
Listings at the end of the month in question by the number of closed sales
for that month. This includes proposed and under construction homes.
Closed
Sales
Average
Sale Price
Total
Market
Time
Median
Sale Price
March
7
3
0
-
-
-
February
4
3
1
223,900
223,900
29
Year-to-date
16
9
3
216,300
223,900
37
March
10
3
10
237,000
246,000
156
Year-to-date
30
19
24
223,000
195,000
155
-30.0%
0.0%
-100.0%
-
-
-
Prev Mo 2016
75.0%
0.0%
-100.0%
-
-
-
Year-to-date
-46.7%
-52.6%
-87.5%
-3.0%
14.8%
-75.9%
March
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Josephine County, Oregon
RESIDENTIAL
97541 97540 97539 97537 97536 97535 97530 97525 97524 97522 97520 97504 97503 97502 97501
Cave Junction
1
1
Grants Pass
12
2
Grants Pass
9
Grants Pass
Kerby
Merlin
Year-To-Date
-
0
-
0
-100.0%
0
-
-
-89.5%
0
-
0
-
0
-
7
4
-33.3%
1
155,000
155,000
-2.7%
-
-
-
-
-
-
-
5
3
-66.7%
1
270,000
270,000
12.8%
-
-
-
-
-
-
-
-
0
0
-
0
-
-
-
0
-
0
-
0
-
0
-
-
0
0
-
0
-
-
-
0
-
0
-
0
-
-
0
-
-
2
100.0%
1
223,900
223,900
-37.4%
-
0
-
-
1
1
2
-
0
-
-
2
0
1
-66.7%
0
-
0
0
0
0
-
0
0
0
0
0
-
0
1
0
-
-
-
-
Closed Sales
Closed Sales
Closed Sales
Median Sale Price
New Listings
Total Market Time
Average Sale Price
0
-
-
Average Sale Price
0
Average Sale Price
-
Average Sale Price
0
1
Avg. Sale Price % Change2
32.9%
-
Average Sale Price
-
-
Closed Sales
-
3
0
Closed Sales
Pending Sales 2016 v. 20151
MULTIFAMILY
Year-To-Date
-100.0%
0
-
-
LAND
Year-To-Date
-
-
-
0
COMMERCIAL
Pending Sales 2016 v. 20151
1
Pending Sales
Expired.Canceled Listings
2
-
Murphy
0
0
0
0
-
0
-
-
0
0
-
0
-
-
-
0
-
0
-
0
-
O'Brien
2
0
0
0
-
0
-
-
0
0
-
0
-
-
-
0
-
0
-
0
-
Selma
2
0
0
-
0
-
-
0
0
-
0
-
-
-7.0%
0
-
0
-
0
-
Wilderville
0
1
1
0
-
0
-
-
1
0
-
0
-
-
-
0
-
0
-
0
-
Williams
0
0
0
0
-
0
-
-
1
0
-
0
-
- 136.0%
0
-
0
-
0
-
28
7
3
3
0.0%
-
-
16
9
-52.6%
3
216,300
223,900
4.6%
-
Medford
6
4
1
0.0%
4
133,800
76
7
6
200.0%
7
111,600
132,000
-5.7%
-
-
Central Point
7
4
1
1
-
2
144,400
260
7
4
33.3%
3
237,900
161,200
41.4%
-
-
White City
2
0
0
0
-
0
-
-
0
1
0.0%
1
161,000
161,000
2.8%
-
-
-
Medford
10
2
3
1
0.0%
4
296,000
39
10
7
133.3%
13
279,600
250,000
-9.6%
-
-
-
Ashland
16
4
1
1
-
7
1
-50.0%
- 201.7%
-
-
0
0
-
0
-
-
0
-
0
-
Josephine Co.
Butte Falls
-
-
-
-
-
-
-
-
-
-
-
-
-
0
-
-
-
2
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
118,500
1
360,000
0
-
1
190,000
0
-
Eagle Point
6
1
2
1
-
2
1,124,800
1,260
1
3
200.0%
5
668,900
Gold Hill
2
2
0
0
-100.0%
0
-
-
2
0
-100.0%
0
-
-
93.4%
0
-
0
-
0
-
Jacksonville
2
1
1
0
-
0
-
-
1
0
-
0
-
- 184.3%
0
-
0
-
0
-
Phoenix
1
1
0
-
0
-
-
2
0
-100.0%
1
400,000
400,000
66.7%
Prospect
0
0
0
0
-
0
-
-
0
0
-
0
-
-
-
Rogue River
2
0
0
0
-
1
715,000
121
0
1
-80.0%
1
715,000
715,000
14.5%
Shady Cove
2
0
0
0
-
0
-
-
-
0
-
-
-
0
0
0
-
1
205,600
157
0
2
-
1
205,600
205,600
-22.2%
2
1
0
0
-
0
-
-
1
0
-
0
-
-
-
58
19
9
5
66.7%
14
369,900
270
38
25
25.0%
32
311,100
245,000
20.7%
Talent
Talent
Jackson Co.
1
New Listings
Wolf Creek
Year-To-Date
Pending Sales
97544 97543 97538 97534 97533 97532 97531 97528 97527 97526 97523 97497
Active Listings
Current Month
-
-
-
-
380,000 130.2%
-
-
-
0
-
-
0
-
0
-
0
-
-
-
0
-
-
-
-
-
0
-
-
0
-
-
0
-
0
4
196,800
-
0
-
-
0
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
2
© Copyright RMLS™ 2016. All Rights Reserved.
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
120
110
100
JOSEPHINE COUNTY, OR
90
This graph shows the active
80
70
residential listings in
60
50
Josephine County, Oregon.
40
30
20
2014
2015
2016
JAN
FEB
MAR
APR
MAY
JUN
JUL
75
27
69
24
71
28
60
57
56
61
AUG
92
56
SEP
109
50
OCT
105
39
NOV
109
41
DEC
96
25
New Listings
NEW
LISTINGS
25
20
JOSEPHINE COUNTY, OR
15
This graph shows the new
10
residential listings in
5
Josephine County, Oregon.
0
2014
2015
2016
Pending Sales
PENDING
LISTINGS
25
20
JOSEPHINE COUNTY, OR
15
This graph shows monthly
10
5
accepted offers in
0
Josephine County, Oregon.
2014
2015
2016
3
© Copyright RMLS™ 2016. All Rights Reserved.
CLOSED SALES
This graph shows the closed sales in Josephine County, Oregon.
JOSEPHINE COUNTY, OR
Closed Sales
16
14
12
10
8
2014
6
2015
2016
4
2
0
This graph represents the average and median sale price for all homes sold in
SALE PRICE
JOSEPHINE COUNTY, OR
Josephine County, Oregon.
Average and Median Sale Price
$450,000
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
Average Sale Price
Median Sale Price
4
© Copyright RMLS™ 2016. All Rights Reserved.
Mar-16
Feb-16
Jan-16
Dec-15
Nov-15
Oct-15
Sep-15
Aug-15
Jul-15
Jun-15
May-15
Apr-15
Mar-15
Feb-15
Jan-15
Dec-14
Nov-14
Oct-14
Sep-14
$0
Aug-14
$50,000
MULTIPLE LISTING SERVICE
DAYS ON MARKET This graph shows the average market time for sales in
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
JOSEPHINE COUNTY, OR
Josephine County, Oregon.
Average Total Market Time
communications@rmls.com
250
200
150
100
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
50
0
2014 TMT
2015 TMT
2016 TMT
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Lane County, Oregon March Residential Highlights
Lane County saw some seasonal
upturns this March and most
measures are up for the year overall.
Pending sales (518) showed a 9.7%
increase over March 2015 (472) and
a 23.3% increase over February 2016
(420). This is the strongest March for
pending sales in Lane County on the
RMLS™ record, the closest being
2005, when 507 accepted offers were
recorded for the month.
Closed sales (367) rose 7.6% over
the 341 closings posted in March
2015 and 29.2% over the 284 closings
recorded last month in February
2016. The last March closed sales
were higher in the county was in
2006, when 409 were posted for the
month.
New listings (558) fell 2.8% short of
the 574 new listings posted last year
in March 2015, but showed a 34.1%
2016
Greater Lane Co.
Residential
Highlights
2015
increase from the 416 new listings
posted last month in February 2016.
Average and Median Sale Prices
Comparing the average price of
homes in the twelve months ending
March 31st of this year ($244,600)
with the average price of homes sold
in the twelve months ending March
2015 ($237,700) shows an increase of
2.9%. The same comparison of the
median shows an increase of 4.0%
over that same period.
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end
of the month in question by the number of
closed sales for that month. This number
includes proposed and under construction
homes.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
+2.9% ($244,600 v. $237,700)
Median Sale Price % Change:
+4.0% ($222,500 v. $214,000)
Data for Florence is reported separately from
Greater Lane County. The Residential Review on
pages 1, 3, 4, and 6 does not include data from
Florence. For data on Florence, see the Area
Report on page 2, or the graphs on page 5.
For further explanation of this measure, see the
second footnote on page 3.
New
Listings
Pending
Sales
Closed
Sales
Inventory in Months*
2014 2015 2016
January
7.0 5.5 3.3
February
5.7 5.9 2.8
March
4.9 3.7 2.2
April
4.9 3.4
May
4.9 3.3
June
4.3 2.6
July
4.6 2.7
August
5.0 3.2
September
4.9 3.0
October
3.8 2.7
November
5.5 3.4
December
4.1 2.2
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
558
518
367
244,900
227,000
86
February
416
420
284
235,800
211,000
81
1,418
1,246
936
243,500
222,500
85
574
472
341
242,900
217,000
106
Year-to-date
1,503
1,110
783
236,100
210,000
111
March
-2.8%
9.7%
7.6%
0.8%
4.6%
-18.8%
Prev Mo 2016
34.1%
23.3%
29.2%
3.9%
7.6%
6.2%
Year-to-date
-5.7%
12.3%
19.5%
3.1%
6.0%
-23.9%
Year-to-date
Change
March 2016 Reporting Period
March
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Lane County, Oregon
33.3%
4
51,600
49,000
18
49.9%
-
-
13
1
1
1
-75.0%
1
100,000
100
12
9
-35.7%
6
112,000
105,000
48
15.6%
-
-
8
2
1
2
100.0%
0
-
-
4
2
-71.4%
2
209,100
209,100
25
8.2%
-
-
Florence Town
57
21
9
19
58.3%
20
203,200
105
51
51
45.7%
40
212,900
210,000
112
10.1%
-
-
Florence Beach
29
12
1
6
-25.0%
5
254,500
110
22
16
23.1%
9
298,600
275,000
202
11.0%
-
-
Florence North
29
7
2
7
600.0%
4
215,900
89
14
12
20.0%
9
271,100
305,000
101
27.5%
1
Florence South/
Dunes City
26
4
2
3
-66.7%
1
250,000
246
16
11
-15.4%
6
299,000
297,500
327
10.3%
1
Florence East/
Mapleton
22
4
2
2
-50.0%
1
49,900
99
20
9
12.5%
6
182,500
194,500
256
-3.8%
190
55
19
41
2.5%
33
201,200
106
149
114
10.7%
82
217,400
207,000
136
10.7%
Hayden Bridge
26
17
0
16
-5.9%
6
170,600
139
43
31
-16.2%
22
210,100
201,500
73
3.7%
McKenzie Valley
47
20
2
15
36.4%
5
391,000
96
41
30
66.7%
14
313,800
287,500
182
13.2%
1
Pleasant Hill/Oak
1
227
228
229
230
-
-
-
-
42,000
-
-
-
-
-
2
29,600
-
-
3
91,200
-
-
305,000
2
29,000
-
-
425,000
2
53,800
-
-
1
118,000
-
-
11
59,900
-
1
99,400
450,000
5
155,700
-
-
84,700
7
182,000
-
-
-
8
89,600
-
-
5
170,000
9
110,600
2
50,000
1
-
2
-
-
1
220,000
New Listings
New Listings
24
4
23
91.7%
17
188,800
123
58
54
68.8%
35
213,600
149,500
88
7.3%
South Lane
Properties
118
62
12
46
-6.1%
39
233,600
130
138
116
2.7%
80
220,000
201,000
122
8.2%
West Lane
Properties
49
35
1
30
11.1%
18
218,800
69
81
75
7.1%
62
215,300
210,000
98
8.1%
Junction City
50
19
4
26
36.8%
13
233,900
119
65
56
33.3%
43
239,800
217,500
93
-1.8%
Thurston
54
32
9
27
17.4%
37
208,900
91
99
94
25.3%
71
208,400
199,000
96
5.8%
Coburg I-5
8
2
1
3
50.0%
3
259,000
143
11
11
22.2%
8
363,600
335,000
194
2.3%
-
-
-
-
-
-
N Gilham
28
20
0
20
11.1%
17
349,100
68
51
52
18.2%
41
345,800
347,500
68
-6.6%
-
-
-
-
-
-
Ferry Street
Bridge
61
47
3
40
0.0%
21
309,000
79
116
81
-5.8%
55
291,700
275,000
66
4.3%
-
-
-
-
E Eugene
42
49
4
42
68.0%
23
339,800
100
90
88
33.3%
69
315,200
280,000
91
-0.7%
-
-
6
SW Eugene
98
50
13
60
-10.4%
44
292,000
81
160
138
-1.4%
110
315,600
292,000
90
0.0%
-
-
W Eugene
20
13
3
13
44.4%
12
174,200
136
42
36
20.0%
31
203,300
178,000
102
-3.4%
1
265,000
Danebo
48
63
9
53
-10.2%
32
185,100
47
143
128
-2.3%
94
173,500
184,700
55
7.1%
1
380,000
River Road
24
24
2
23
0.0%
16
248,300
49
54
50
31.6%
35
226,600
213,500
42
8.3%
-
-
Santa Clara
43
41
3
38
26.7%
37
237,400
70
104
94
16.0%
83
245,200
229,900
70
1.5%
-
-
Springfield
40
33
7
37
-7.5%
26
198,800
57
102
103
12.0%
79
181,200
168,000
66
6.8%
Mohawk Valley
15
7
1
6
500.0%
1
65,000
20
20
9
50.0%
4
130,500
142,500
70
-20.1%
824
558
78
518
9.7%
367
244,900
86
1,418
1,246
12.3%
936
243,500
222,500
85
2.9%
250
249
248
247
246
245
244
243
242
241
240
239
237
53
235
-
365,000
236
234
233
232
Grand Total
-
Closed Sales
4
Closed Sales
10
Average Sale Price
Avg. Sale Price % Change2
61
Total Market Time
Median Sale Price
38,500
Closed Sales
Average Sale Price
Pending Sales 2016 v. 20151
1
Pending Sales
0.0%
226
Total Market Time 3
1
Florence Florentine
Average Sale Price
1
Closed Sales
4
Pending Sales
6
Florence
Green Trees
Active Listings
225
Florence
Coast Village
Closed Sales
Year-To-Date
Average Sale Price
MULTIFAMILY
Year-To-Date
231
Pending Sales 2016 v. 20151
LAND
Year-To-Date
238
Expired.Canceled Listings
COMMERCIAL
Year-To-Date
Average Sale Price
RESIDENTIAL
Current Month
Grand Total
2
© Copyright RMLS™ 2016. All Rights Reserved.
3
-
228,300
-
1
4
12
128,000
255,600
251,300
1
-
1,900,000
-
1
135,000
3
356,300
116,100
5
335,700
11
108,700
3
259,000
1
80,000
2
275,500
-
-
1
195,000
-
-
1
175,000
6
83,300
4
251,300
2
130,000
10
239,100
2
159,500
-
65
121,000
32
315,500
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
1,900
1,700
GREATER LANE
COUNTY, OR
1,500
This graph shows
1,300
the active residential
1,100
listings over the past
900
three calendar years in
700
Greater Lane County,
JAN
FEB MAR APR MAY JUN
JUL AUG SEP OCT NOV DEC
2014 1,217 1,222 1,289 1,448 1,579 1,673 1,810 1,804 1,724 1,541 1,395 1,184
2015 1,191 1,221 1,254 1,299 1,369 1,397 1,455 1,438 1,347 1,206 1,079 872
2016 848
788
824
NEW LISTINGS
GREATER LANE
COUNTY, OR
This graph shows the
new residential listings
over the past three
calendar years in Greater
Lane County, Oregon.
New Listings
800
700
600
500
400
300
200
100
2014
1
Oregon.
2015
2016
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
3
© Copyright RMLS™ 2016. All Rights Reserved.
PENDING LISTINGS
Pending Sales
GREATER LANE
COUNTY, OR
600
550
500
450
400
350
300
250
200
150
100
This graph represents
monthly accepted offers
in Greater Lane County,
Oregon, over the past
three calendar years.
2014
2015
2016
CLOSED SALES
GREATER LANE
COUNTY, OR
This graph shows the
closed sales over the past
five calendar years in
Greater Lane County,
Oregon.
Closed Sales
600
500
400
2012
300
2013
2014
200
2015
2016
100
0
DAYS ON MARKET
Average Total Market Time
GREATER LANE
COUNTY, OR
200
This graph shows the
175
150
average market time for
125
sales in Greater Lane
100
County, Oregon, over the
75
past three calendar years.
50
2014 TMT
2015 TMT
2016 TMT
4
© Copyright RMLS™ 2016. All Rights Reserved.
New Listings
NEW LISTINGS
80
FLORENCE, OR
70
60
This graph represents
50
new listings in Florence,
40
30
Oregon over the past
20
three calendar years.
10
2014
2015
2016
PENDING LISTINGS
Pending Sales
FLORENCE, OR
80
This graph shows
70
the monthly accepted
50
offers over the past
30
60
40
20
three calendar years in
10
Florence, Oregon.
2014
2015
Closed Sales
2016
70
CLOSED SALES
60
FLORENCE, OR
This graph shows the
50
2012
40
closed sales over the past
2013
2014
30
five calendar years in
2015
2016
20
Florence, Oregon.
10
Average Sale Price
$280,000
$260,000
$240,000
$220,000
$200,000
$180,000
sold homes over the past
$160,000
three calendar years in
$120,000
5
© Copyright RMLS™ 2016. All Rights Reserved.
Mar-16
Dec-15
Jun-15
Sep-15
Mar-15
Dec-14
Jun-14
Sep-14
Mar-14
$100,000
Dec-13
$140,000
Jun-13
Florence, Oregon.
DEC
Sep-13
average sale price for all
NOV
Mar-13
This graph shows the
OCT
Dec-12
FLORENCE, OR
SEP
Jun-12
AVERAGE SALE
PRICE
AUG
Sep-12
JUL
Mar-12
JUN
Dec-11
MAY
Jun-11
APR
Sep-11
MAR
Mar-11
FEB
Dec-10
JAN
Sep-10
0
MULTIPLE LISTING SERVICE
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
SALE PRICE
This graph represents the average and median sale price
GREATER LANE
COUNTY, OR
for all homes sold in Greater Lane County, Oregon.
Average and Median Sale Price
$300,000
$280,000
$260,000
$240,000
$220,000
$200,000
$180,000
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
$160,000
$140,000
Average Sale Price
Median Sale Price
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
Mar-16
Sep-15
Mar-15
Sep-14
Mar-14
Sep-13
Mar-13
Mar-12
Sep-12
Sep-11
Mar-11
Mar-10
Sep-10
Sep-09
Mar-09
Mar-08
Sep-08
Sep-07
Mar-07
Mar-06
Sep-06
Sep-05
Mar-05
$100,000
Mar-04
$120,000
Sep-04
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Mid-Columbia
March Residential Highlights
Increases were seen in activity
nearly across the board this March in
the Mid-Columbia region. Pending
sales (119) rose 22.7% from the 97
offers accepted last year in March 2015,
and 52.6% from the 78 offers accepted
last month in February 2016. It was the
strongest March for pending sales on
the RMLS™ record.
New listings (125) increased 3.3%
compared to March 2015 (121) and
48.8% compared to February 2016 (84).
Closed sales, at 70, fared 55.6% better
than the 45 closings posted last month
in February 2016 but fell 2.8% short
of the 72 closings posted last year in
March 2015.
Inventory decreased in March,
tapering to 4.8 months. During
the same period, total market time
increased to 142 days.
Mid-Columbia
Residential
Highlights
Change
2015
2016
March
March 2016 Reporting Period
Average and Median Sale Prices
Comparing the average price
of homes in the twelve months
ending March 31st of this year
($261,000) with the average price of
homes ending March 2015 ($237,900)
shows an increase of 9.7%. The same
comparison of the median shows
an increase of 14.0% over the same
period.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Inventory in Months*
2014 2015 2016
January
13.6 11.1 6.3
February
11.2 8.6 7.5
March
9.9 6.4 4.8
April
8.9 6.0
May
8.1 5.3
June
7.4 5.7
July
8.9 5.8
August
9.2 6.2
September
7.7 5.2
October
8.3 4.6
November
8.4 6.7
December
7.9 4.2
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end
of the month in question by the number of
closed sales for that month. This number
includes proposed and under construction
homes.
Average Sale Price % Change:
+9.7% ($261,000 v. $237,900)
Median Sale Price % Change:
+14.0% ($228,000 v. $200,000)
For further explanation of this measure, see the
second footnote on page 3.
New
Listings
Pending
Sales
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
125
119
70
244,500
232,500
142
84
78
45
258,600
242,000
137
Year-to-date
262
252
172
251,400
232,500
146
March
121
97
72
262,400
195,400
187
Year-to-date
300
266
168
235,600
188,800
203
3.3%
22.7%
-2.8%
-6.8%
19.0%
-24.1%
Prev Mo 2016
48.8%
52.6%
55.6%
-5.5%
-3.9%
3.6%
Year-to-date
-12.7%
-5.3%
2.4%
6.7%
23.1%
-27.8%
February
March
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Mid-Columbia
110
0
128
29
15
Skamania
2
1
0
North Bonnevile
3
2
0
Stevenson
8
5
Carson
4
4
-
0
1
0
3
207,500
-
160.0%
-
350,000
11.2%
-
-
349,900
349,900
-7.0%
-
-
-
20
7
4
-20.0%
3
207,500
240,000
22.3%
-
-
1
0.0%
0
0
-
-9.9%
36.8%
20
185,800
192,500
-
-
-
119,000
-
-
-
-
-
4
79,400
-
-
2
61,000
-
-
-
1
55,000
-
-
-
-
1
65,000
-
-
2.7%
-
-
15
40,700
209,700
224
29
26
1
65,000
127
1
1
-50.0%
1
65,000
65,000
2.1%
-
-
3
16,700
-
-
-
5
4
100.0%
3
86,700
50,000
27.9%
-
-
1
500,000
-
-
186
64
58
-7.9%
42
230,300
227,500
10.3%
32
74,200
-
40.0%
20
1
-50.0%
0
-
-
2
2
0.0%
0
-
-
24.7%
0
3
50.0%
1
191,900
273
7
6
50.0%
2
270,900
270,900
-0.9%
-
6
200.0%
4
250,400
157
12
13
225.0%
6
270,700
251,500
-0.2%
1
250,000
2
7
600.0%
2
182,500
65
10
14
250.0%
3
197,800
185,000
18.0%
1
149,000
3
-100.0%
0
-
-
0
2
100.0%
1
251,000
251,000
83.1%
-
-
100.0%
1
310,000
191
0
2
-33.3%
2
430,000
430,000
1.4%
-
-
-
262,800
Unincorporated North
12
2
2
1
-
1
95,000
8
5
3
200.0%
1
95,000
95,000
-5.6%
Skamania Co. Total
34
14
4
20
122.2%
9
218,200
136
36
42
121.1%
15
264,400
233,000
12.0%
The Dalles
61
40
5
40
66.7%
18
1
1
1
0.0%
0
-
-
2
0.0%
3
188,100
-100.0%
2
172,500
357 356 355 354 353 352 351
5
Dufur
Tygh Valley
367 366 364 363 362 361
2
0
6
1
Wamic/ Pine Hollow
13
3
0
Maupin/ Pine Grove
9
1
-
-
Rowena
1
1
0
0
Mosier
7
2
-
98
49
Wasco Co. Total
370
1
1
Cascade Locks
2
Hood River City
26
14
Hood River-W
11
9
0
Hood River-E
3
1
0
0
Odell
-
-
-
182,300
-
-
179,500
-
0
-
2
199,500
3
291,700
70
76
-5.0%
56
185,900
173,400
6.3%
-
2
1
0.0%
1
76,500
76,500
-24.3%
-
-
-
4
-36.7%
-
-
385
3
5
25.0%
4
193,600
192,400
-19.3%
-
-
153
2
3
-25.0%
3
220,000
215,000
73.6%
-
-
-
-100.0%
-
-
0
-
-
-
-74.1%
-
-
-
155,000
-
-
90,300
-
-
1
970,000
-
-
1
200,000
-
-
-
-
7
250,100
-
-
7
351,500
-
-
-
-
-
-
-
80,000
-
-
-
-
-
-
-
1
3
102,300
-
0
3
110,300
-
-
14
227,000
-
-
1
38,000
-
-
2
0
-100.0%
357,000
195
4
10
100.0%
5
294,600
249,000
4.0%
6
47
38.2%
25
196,200
149
87
95
-3.1%
69
194,100
185,000
4.6%
3
200.0%
0
0
0
0
6
200.0%
0
0
-
-1.5%
1
10
-50.0%
8
278,000
43
41
25
-50.0%
25
331,400
289,000
12.2%
5
-50.0%
4
324,500
128
12
11
-38.9%
11
426,600
405,000
5.4%
-
-
3
288,200
-
-
-
0
0
0
1
0
-100.0%
0
0
-
-4.2%
-
-
1
130,000
-
-
1
60,000
-
-
2
260,000
-
8
201,600
3
1
1
0.0%
1
237,500
10
2
4
33.3%
4
305,500
274,300
30.4%
15
6
1
5
400.0%
3
409,500
125
12
9
28.6%
6
334,200
331,000
3.4%
Hood River Co. Total
60
31
2
24
-27.3%
16
311,800
78
68
55
-33.7%
46
352,300
320,700
9.5%
Sherman Co.
13
2
0
-100.0%
0
-
-
7
-33.3%
0
-
-
-11.3%
2
2
© Copyright RMLS™ 2016. All Rights Reserved.
-
0
-
86,700
2
Parkdale/ Mt. Hood
0
-
-
1
86,700
0.0%
0
0
104
3
1
4
-
0
-
9
Cook, Underwood, Mill
A, Willard
0
Closed Sales
133,800
1
-
0
Average Sale Price
350,000
1
179,500
Closed Sales
1
33.3%
Average Sale Price
-33.3%
4
Closed Sales
2
5
Pending Sales
2
3
-
28
-
-
4
116
Home Valley
-
3
-
13
-
117
115 114 113 112 111
Klickitat Co. Total
0
-100.0%
-
Avg. Sale Price % Change2
0
1
Median Sale Price
108
109
1
-
-
2
3
26.8%
153
2
1
434,600
350,000
11
Klickitat
434,600
1
Dallesport/ Murdock
Bickleton/ East County
2
4
-50.0%
13
-40.0%
498
200.0%
5
3
679,300
3
14
-
1
1
60
-
-50.0%
1
-
0.9%
2
1
0
20.8%
392,500
9
408
1
-
299,000
392,500
113
400,000
2
1
294,900
2
313,000
1
5
0
9
4
12
Appleton/ Timber Valley
Goldendale/
Centerville
-31.6%
16.7%
-100.0%
Lyle/ High Prairie
Year-To-Date
Average Sale Price
1
MULTIFAMILY
Year-To-Date
Closed Sales
Husum/ BZ Corner
0
LAND
Year-To-Date
-100.0%
New Listings
4
Total Market Time 3
10
COMMERCIAL
Pending Sales 2016 v. 20151
102
Trout Lake/ Glenwood
7
-
Average Sale Price
1
Closed Sales
5
2
Pending Sales 2016 v. 20151
Expired.Canceled Listings
2
5
Pending Sales
New Listings
20
Active Listings
100
101
Snowden
106 105 104 103
White Salmon/ Bingen
Year-To-Date
Average Sale Price
RESIDENTIAL
Current Month
3
291,700
1
10,000
-
-
1
-
232,000
-
2
0
0
-
121,000
-
0
-
-
-
1
1
0
490,000
490,000
-
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
700
650
MID-COLUMBIA
600
This graph shows
550
the active residential
500
450
listings over the past
400
three calendar years
350
in Mid-Columbia.
300
2014
2015
2016
JAN
505
467
339
FEB
517
446
338
MAR
505
463
333
APR
508
486
MAY
572
517
JUN
625
543
JUL
649
553
AUG
661
551
NEW LISTINGS
the new residential
listings over the past
three calendar years in
Mid-Columbia.
NOV
552
414
DEC
473
346
180
160
140
120
100
80
60
40
20
0
2014
1
OCT
605
453
New Listings
MID-COLUMBIA
This graph shows
SEP
647
518
2015
2016
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
3
© Copyright RMLS™ 2016. All Rights Reserved.
PENDING LISTINGS
Pending Sales
MID-COLUMBIA
140
This graph represents
120
monthly accepted offers
100
in Mid-Columbia over
80
the past three calendar
60
years.
40
20
2014
2015
2016
CLOSED SALES
Closed Sales
MID-COLUMBIA
100
This graph shows the
90
closed sales over the past
five calendar years in
Mid-Columbia.
80
70
60
2012
50
2013
40
2014
30
2015
20
2016
10
0
Average Total Market Time
DAYS ON MARKET
350
MID-COLUMBIA
300
This graph shows the
250
average market time for
200
sales in Mid-Columbia,
150
100
over the past three
50
calendar years.
2014 TMT
2015 TMT
2016 TMT
4
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
This graph represents the average and median sale
SALE PRICE
price for all homes sold in Mid-Columbia.
MID-COLUMBIA
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
Average and Median Sale Price
$350,000
$300,000
$250,000
$200,000
Average Sale Price
Median Sale Price
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
Jun-11
Sep-11
Mar-11
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
Dec-10
$100,000
Sep-10
$150,000
Jun-10
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: North Coastal Counties, Oregon March Residential Highlights
The North Coastal Counties
saw some seasonal increases
this March, but numbers are
cooler so far in 2016 compared to
last year. Closed sales (108) rose
20.0% compared to February 2016,
but were 10.7% below the 121
closings posted last year in March
2015. New listings, at 217, fared
similarly ending 14.2% ahead of
February 2016 (190) but 31.5%
under March 2015 (317). Pending
sales (135) were both 6.3% cooler
than February 2016 and 21.1%
cooler than March 2015.
Inventory decreased this March
to 8.6 months. Total market time
decreased to 151 days during the
same period.
March 2016 Reporting Period
Average and Median Sale Prices
Comparing the average price
of homes in the twelve months
ending March 31st of this year
($281,900) with the average price
of homes sold in the twelve months
ending March 2015 ($282,300)
shows a decrease of 0.1%. The
same comparison of the median
has increased 1.2% over the same
period.
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end
of the month in question by the number of
closed sales for that month. This number
includes proposed and under construction
homes.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
Note: RMLS™ is a supplementary
MLS for the North Coastal Counties,
so data reported will not reflect the
entire market.
-0.1% ($281,900 v. $282,300)
Median Sale Price % Change:
+1.2% ($237,300 v. $234,600)
For further explanation of this measure, see the
second footnote on page 3.
Change
2015
2016
North Coastal
Counties
Residential
Highlights
New
Listings
Pending
Sales
Closed
Sales
Inventory in Months*
2014 2015 2016
January
19.8 17.7
8.7
February
19.0 13.3 10.0
March
15.0 10.2
8.6
April
18.3 10.8
May
14.7 10.7
June
17.2
9.2
July
15.7
8.2
August
13.0
9.0
September
13.4
8.6
October
10.8
7.5
November
13.4 10.5
December
10.4
7.7
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
217
135
108
241,600
219,600
151
February
190
144
90
307,000
235,500
171
Year-to-date
611
383
309
278,300
230,000
157
March
317
171
121
257,600
242,500
182
Year-to-date
691
403
282
253,900
224,500
229
-31.5%
-21.1%
-10.7%
-6.2%
-9.4%
-16.6%
Prev Mo 2016
14.2%
-6.3%
20.0%
-21.3%
-6.8%
-11.7%
Year-to-date
-11.6%
-5.0%
9.6%
9.6%
2.4%
-31.7%
March
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
North Coastal Counties, Oregon
Astoria
44
25
4
19
-13.6%
13
187,000
75
63
58
1.8%
44
222,200
201,000
2.4%
Hammond/
Warrenton
36
15
3
12
9.1%
11
252,800
102
34
36
16.1%
27
244,900
237,500
14.0%
-
Gearhart West
45
9
3
3
-50.0%
2
742,500
866
29
15
25.0%
9
628,600
499,000
7.5%
Gearhart East
3
1
2
-
1
275,000
69
1
5
66.7%
3
297,000
275,000
Seaside Northwest
-
1
Average Sale Price
Closed Sales
140,000
Closed Sales
Year-To-Date
Average Sale Price
MULTIFAMILY
Year-To-Date
Closed Sales
Avg. Sale Price % Change2
Median Sale Price
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
New Listings
Pending Sales
3
Total Market Time
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
Pending Sales
Expired.Canceled Listings
New Listings
Active Listings
180
181
182
183
184
185
LAND
Year-To-Date
2
82,300
1
279,000
-
3
51,300
1
167,500
-
-
4
98,000
-
-
26.6%
-
-
-
-
-
-
-
-
0
1
-66.7%
3
171,300
243
2
4
-50.0%
6
220,700
207,000
22.2%
-
-
1
105,000
11
4
1
2
100.0%
3
212,900
77
13
10
66.7%
7
212,300
214,900
-0.3%
-
-
-
-
-
-
Seaside Southwest
5
1
3
-25.0%
4
343,400
135
18
11
-31.3%
8
356,200
307,500
3.7%
-
-
-
-
-
-
5
2
0
0
-100.0%
0
-
-
5
3
-40.0%
2
159,000
159,000
9.6%
-
-
-
-
-
-
Seaside East
23
5
1
3
-57.1%
1
171,200
68
14
6
-45.5%
12
251,900
246,500
29.1%
-
-
1
50,000
-
-
Cannon Beach/
Tolovana Park
76
9
1
8
0.0%
6
297,900
144
35
16
0.0%
13
394,500
345,000
-26.1%
-
-
2
425,000
-
-
Arch Cape/
Cove Beach/
Falcon Cove
10
2
-
7
2
-
4
498,800
530,000
-8.2%
-
-
2
95,300
-
-
Rural Clatsop
County
16
2
5
4
0.0%
2
440,400
293
4
8
60.0%
8
307,600
285,400
14.3%
-
-
3
38,800
-
-
302
79
20
57
-16.2%
46
268,200
150
225
174
2.4%
143
290,400
254,900
-0.7%
18
112,400
Arch Cape
1
0
1
0
-
1
130,000
242
0
1
-
1
130,000
130,000
-53.5%
-
-
Manzanita
53
13
1
9
12.5%
8
395,000
188
35
19
-9.5%
16
442,300
398,500
1.3%
-
-
4
Nehalem
19
3
4
3
-50.0%
5
179,500
80
10
13
30.0%
12
180,200
164,500
-14.7%
-
-
2
Wheeler
3
-100.0%
0
-
-
1
2
-33.3%
1
322,000
322,000
-11.2%
-
-
188
187
29
Seaside
South Central
189
1
190
4
Seaside
North Central
191
186
COMMERCIAL
Year-To-Date
Average Sale Price
RESIDENTIAL
Current Month
97149 97135 97112 97122 97108 97134 97141 97143 97118 97107 97136 97147 97131 97130 97102
Clatsop County
Rockaway Beach
-
0
-
-
-
-
-
-
1
140,000
-
-
-
2
223,300
-
-
139,200
-
-
73,500
-
-
-
-
-
61
17
5
10
42.9%
4
139,100
239
44
23
0.0%
12
185,000
177,500
4.6%
-
-
1
54,000
Bay City
3
3
1
4
-20.0%
2
136,500
51
8
11
22.2%
8
144,400
75,000
9.7%
-
-
1
80,000
-
-
Garibaldi
14
1
0
1
-66.7%
1
170,900
51
5
2
-50.0%
2
181,500
181,500
1.0%
-
-
-
-
-
-
Netarts
10
3
2
2
-50.0%
2
94,800
69
8
8
33.3%
6
290,600
292,500
2.6%
-
-
-
-
-
-
Tillamook
43
11
3
6
-64.7%
10
166,600
103
27
21
-43.2%
29
180,900
179,000
-4.8%
-
-
4
119,000
-
-
Oceanside
20
5
1
2
100.0%
1
460,000
301
8
3
-25.0%
4
418,000
413,500
-12.9%
-
-
2
258,500
-
-
Beaver
5
1
0
1
-50.0%
1
255,000
949
2
1
-66.7%
1
255,000
255,000
19.3%
-
-
-
-
Hebo
4
1
0
1
-
0
-
-
2
1
-
1
185,900
185,900
-24.1%
-
-
1
107,000
-
-
Cloverdale
9
3
1
-100.0%
1
152,500
216
6
1
-50.0%
3
180,900
155,300
-51.0%
-
-
1
124,000
-
-
Pacific City
46
7
7
2
-33.3%
1
184,600
475
17
8
-33.3%
9
317,400
275,000
-7.0%
2
82,500
-
-
Neskowin
27
3
1
2
0.0%
1
250,000
9
13
5
0.0%
4
330,800
323,000
-10.7%
1
165,000
-
-
318
71
27
43
-29.5%
38
219,600
168
186
119
-14.4%
109
250,000
200,000
-5.1%
19
125,900
Tillamook County
-
2
© Copyright RMLS™ 2016. All Rights Reserved.
1
-
755,000
-
1
755,000
-
-
1
1
229,000
229,000
128
27
10
10
3
0
8
0
2
Depoe Bay
60
11
Gleneden Beach
42
Otter Rock
Newport
126
90
44
2.3%
25
219,200
209,200
10.9%
-100.0%
1
220,000
230
7
1
-50.0%
2
206,500
206,500
-46.7%
-
-
2
0.0%
2
181,500
88
5
8
100.0%
6
313,800
192,500
51.2%
-
-
6
7
16.7%
2
317,000
69
30
15
0.0%
8
441,800
354,000
16.9%
1
595,000
6
1
1
-75.0%
1
337,000
242
20
2
-71.4%
4
608,300
363,500
3.6%
1
252,200
1
0
2
1
0.0%
0
-
-
1
1
0.0%
1
370,000
370,000
1231.1%
-
-
22
8
2
4
-33.3%
3
171,600
84
18
10
0.0%
4
192,500
219,200
12.4%
-
-
South Beach
8
1
1
-100.0%
0
-
-
2
-100.0%
1
325,000
325,000
3.8%
-
-
Eddyville
1
1
0
0
-
0
-
-
1
0
-
0
-
-
-
0
-
0
-
0
-
Logsden
0
0
0
-
0
-
-
0
0
-
0
-
-
-
0
-
0
-
0
-
Toledo
3
1
1
0
-100.0%
0
-
-
1
0
-100.0%
1
162,000
162,000
-48.4%
Siletz
1
0
0
1
-
0
-
-
2
1
-
0
-
-
-70.2%
0
-
0
-
0
-
Tidewater
1
0
0
0
-
0
-
-
0
0
-100.0%
0
-
-
-24.1%
0
-
0
-
0
-
Yachats
8
0
0
0
-100.0%
0
-
-
3
1
0.0%
1
350,000
350,000
-15.0%
-
-
-
-
-
-
Waldport
13
7
4
3
200.0%
1
375,000
84
15
5
0.0%
3
369,400
375,000
-4.0%
-
-
-
-
-
-
Seal Rock
6
2
0
1
-
1
400,000
322
5
2
-
1
400,000
400,000
-21.4%
-
-
-
-
-
-
Lincoln County
312
67
29
35
-16.7%
24
225,400
129
200
90
-4.3%
57
302,300
220,100
8.4%
4
330,600
6
58,000
-
North Coastal
Counties Total
932
217
76
135
-21.1%
108
241,600
151
611
383
-5.0%
309
278,300
230,000
-0.2%
6
369,500
43
110,800
Otis
-
-
-
-
237,500
3
Closed Sales
Closed Sales
Closed Sales
Avg. Sale Price % Change2
Median Sale Price
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
Pending Sales
New Listings
Total Market Time 3
Average Sale Price
Closed Sales
197,300
-
2
Average Sale Price
Year-To-Date
Average Sale Price
MULTIFAMILY
Year-To-Date
13
53,000
-
-
-
-
-
1
45,000
-
-
1
49,000
-
-
-
-
-
-
-
-
-
-
95,000
-
-
-
-
-
-
1
-
-
-
-
-
-
-
3
225,200
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
2,000
1,800
1,600
NORTH COASTAL
COUNTIES, OR
1,400
This graph shows the active
1,200
residential listings over the
1,000
past three calendar years in
800
JAN
FEB MAR APR MAY JUN
JUL AUG SEP OCT NOV DEC
2014 1,247 1,273 1,320 1,482 1,633 1,690 1,778 1,760 1,621 1,440 1,330 1,115
2015 1,153 1,171 1,239 1,286 1,320 1,404 1,440 1,393 1,270 1,172 1,077 850
2016 897
902
932
1
LAND
Year-To-Date
-6.3%
Neotsu
15
Pending Sales 2016 v. 20151
Pending Sales
Expired.Canceled Listings
New Listings
Active Listings
97376 97394 97498 97390 97380 97391 97357 97343 97366 97365 97369 97388 97341 97368 97364 97367
Lincoln City
COMMERCIAL
Year-To-Date
Average Sale Price
RESIDENTIAL
Current Month
the North Coastal
Counties of Oregon.
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
3
© Copyright RMLS™ 2016. All Rights Reserved.
NEW LISTINGS
New Listings
NORTH COASTAL
COUNTIES, OR
This graph shows the
new residential listings
over the past three
calendar years in the
North Coastal Counties
of Oregon.
400
350
300
250
200
150
100
50
2014
2015
2016
PENDING LISTINGS
Pending Sales
NORTH COASTAL
COUNTIES, OR
200
This graph represents
180
160
monthly accepted offers
140
120
in the North Coastal
100
Counties of Oregon over
80
60
the past three calendar
40
years.
2014
2015
2016
CLOSED SALES
NORTH COASTAL
COUNTIES, OR
This graph shows the
Closed Sales
180
160
140
closed sales over the past
120
five calendar years in
100
the North Coastal
Counties of Oregon.
2012
2013
80
2014
60
2015
40
2016
20
0
4
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
This graph shows the average market time for sales in
DAYS ON MARKET
the North Coastal Counties of Oregon over the past three
NORTH COASTAL
COUNTIES, OR
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
calendar years.
Average Total Market Time
350
300
250
200
150
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
SALE PRICE
2015 TMT
2016 TMT
This graph represents the average and median sale
price for all homes sold in the North Coastal Counties
NORTH COASTAL
COUNTIES, OR
of Oregon.
Average and Median Sale Price
$350,000
$300,000
$250,000
$200,000
Average Sale Price
Median Sale Price
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
Mar-16
Dec-15
Jun-15
Sep-15
Mar-15
Dec-14
Sep-14
Jun-14
Mar-14
Dec-13
Jun-13
Sep-13
Mar-13
Dec-12
Sep-12
Jun-12
Mar-12
Dec-11
Jun-11
Sep-11
$100,000
Mar-11
$150,000
Dec-10
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
2014 TMT
Sep-10
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
100
Jun-10
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Polk and Marion Counties, Oregon March Residential Highlights
Polk and Marion County
continued seeing strong activity
this March, and pending sales led
the way. The 219 accepted offers
fared 23.7% better than in March
2015 (177) and 15.9% better than
in February 2016 (189). It was the
strongest month for accepted offers
in the area on the RMLS™ record,
stretching back to 1992!
Closed sales, at 120, edged 3.4%
over the 116 closings posted in
March 2015 and fared 13.2% better
than the 106 closings posted last
month in February 2016. This too
was the strongest March for closings
on the RMLS™ record.
March 2016 Reporting Period
Inventory in Months*
2014 2015 2016
January
8.9 6.1 3.7
February
7.1 5.9 3.9
March
6.2 4.6 3.3
April
6.6 3.8
May
6.3 4.3
June
8.3 4.4
July
6.6 4.8
August
6.5 4.5
September
7.5 4.3
October
6.0 3.3
November
8.5 4.3
December
5.2 2.7
New listings (215) one-upped
March 2015 by 0.5% and fared 11.4%
better than the 193 new listings
posted in February 2016.
Average and Median Sale Prices
Comparing the average price of
homes in the twelve months ending
March 31st of this year ($242,100)
with the average price of homes sold
in the twelve months ending March
2015 ($220,800) shows an increase of
9.6%. The same comparison of the
median shows an increase of 11.3%
over that same period.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end
of the month in question by the number of
closed sales for that month. This includes
proposed and under construction homes.
Average Sale Price % Change:
Note: RMLS™ is a supplementary
MLS for Polk and Marion counties, so
data reported will not reflect the entire
market.
Change
2015
2016
Polk & Marion Co.
Residential
Highlights
The Area Report on page 2 shows data
for the city of Woodburn separate from
data for the rest of Area 170. Woodburn
data is still also included in Polk & Marion
totals.
+9.6% ($242,100 v. $220,800)
Median Sale Price % Change:
+11.3% ($216,900 v. $194,900)
For further explanation of this measure, see
the second footnote on page 3.
New
Listings
Pending
Sales
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
215
219
120
246,300
235,000
82
February
193
189
106
228,000
202,400
83
Year-to-date
591
508
363
234,500
220,100
81
March
214
177
116
208,900
203,000
119
Year-to-date
566
462
315
215,900
192,000
131
0.5%
23.7%
3.4%
17.9%
15.8%
-31.3%
11.4%
15.9%
13.2%
8.0%
16.1%
-1.2%
4.4%
10.0%
15.2%
8.6%
14.6%
-38.5%
March
Prev Mo 2016
Year-to-date
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Polk & Marion Counties, Oregon
RESIDENTIAL
7.7%
26
210,800
West Salem N
25
9
3
7
75.0%
West Salem S
7
1
Woodburn
42
36
Except Woodburn
110
Marion Except
Salem/Keizer
152
Southwest Salem
2
1
6
272,400
196,000
21.2%
-
-
5
152,200
1
269,000
2.7%
-
-
1
85,000
2
200,000
-
244,900
25
32
24
84.6%
22
240,500
241,200
37
12
8
-27.3%
6
306,200
262,500
12.8%
2
-60.0%
3
0
-
3
42
40.0%
33
201,900
100
91
109
14.7%
93
213,300
200,000
12.2%
1
315,000
1
140,000
62
12
61
17.3%
34
288,700
62
166
132
8.2%
90
264,800
254,500
2.7%
2
527,500
10
87,100
98
15
103
25.6%
67
245,900
83
257
241
11.1%
183
238,600
235,000
7.5%
3
456,700
11
92,000
0
1
4
-
2
390,000
143
4
5
400.0%
3
386,700
380,000
-8.6%
-
-
-
South Salem
39
21
1
20
17.6%
4
210,000
60
50
37
-9.8%
18
206,800
194,000
3.1%
-
-
Southeast Salem
35
15
2
16
100.0%
9
331,400
136
42
39
11.4%
26
265,200
224,500
9.7%
-
-
Central Salem
16
11
4
6
-33.3%
5
138,400
81
23
18
-21.7%
17
123,700
134,000
13.9%
-
-
East Salem S
9
8
3
9
200.0%
2
273,800
36
17
13
30.0%
7
251,000
170,000
6.8%
-
-
East Salem N
18
11
2
12
-20.0%
3
201,100
74
31
27
-15.6%
19
196,700
175,000
27.1%
-
-
South Keizer
2
2
3
0.0%
1
145,000
114
5
8
33.3%
4
188,700
176,000
12.9%
-
-
-
North Keizer
36
13
6
20
66.7%
10
262,200
94
60
46
35.3%
32
250,600
254,300
19.4%
-
-
-
Polk Co.
Grand Total
88
36
11
26
-7.1%
17
227,500
47
102
74
17.5%
54
246,500
225,000
13.7%
-
-
Marion Co.
Grand Total
309
179
34
193
29.5%
103
249,400
88
489
434
8.8%
309
232,400
219,000
8.7%
3
Polk & Marion
Grand Total
397
215
45
219
23.7%
120
246,300
82
591
508
10.0%
363
234,500
220,100
9.6%
3
0
0
3
2
1
-
Average Sale Price
Average Sale Price
42
Closed Sales
Closed Sales
58
Average Sale Price
Pending Sales 2016 v. 20151
67
Closed Sales
Pending Sales
209,400
Year-To-Date
Average Sale Price
New Listings
8
MULTIFAMILY
Year-To-Date
Closed Sales
Total Market Time 3
-10.5%
LAND
Year-To-Date
Avg. Sale Price % Change2
Average Sale Price
17
COMMERCIAL
Median Sale Price
Closed Sales
7
Pending Sales
26
Expired.Canceled Listings
56
New Listings
Polk County
Except Salem
Active Listings
167
168
169
170
170
171
172
173
174
175
176
177
178
170-178 167-169
Year-To-Date
Pending Sales 2016 v. 20151
Current Month
-
1
-
180,000
-
1
180,000
-
-
-
64,200
-
-
-
-
-
20,000
1
188,000
-
1
310,000
110,000
-
-
-
-
-
-
-
-
6
141,000
3
223,000
456,700
17
79,600
3
226,000
456,700
23
95,700
6
224,500
1
35,000
2
1,115,400
7
46,400
2
145,500
221
220
Benton & Linn Counties, Oregon
Benton County
Linn County
37
12
4
11
10.0%
7
279,400
51
38
25
31.6%
12
270,500
286,000
-1.2%
148
72
16
72
67.4%
43
198,700
99
191
160
42.9%
111
196,200
183,000
12.8%
2
© Copyright RMLS™ 2016. All Rights Reserved.
-
-
3
302,700
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
950
850
POLK & MARION
COUNTIES, OR
750
650
This graph shows
550
the active residential
listings over the past
450
350
2014
2015
2016
three calendar years
JAN
533
551
422
FEB
536
551
415
MAR
553
530
397
APR
600
545
MAY
670
582
JUN
701
629
JUL
782
644
AUG
809
649
NEW LISTINGS
POLK & MARION
COUNTIES, OR
new residential listings
175
over the past three
125
Oregon.
DEC
599
412
in Polk and Marion
Counties, Oregon.
75
25
2014
1
NOV
698
479
275
225
and Marion Counties,
OCT
754
518
New Listings
This graph shows the
calendar years in Polk
SEP
836
588
2015
2016
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The Year-To-Date
section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days,
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
3
© Copyright RMLS™ 2016. All Rights Reserved.
PENDING LISTINGS
Pending Sales
POLK & MARION
COUNTIES, OR
240
220
200
180
160
140
120
100
80
60
40
This graph represents
monthly accepted offers
in Polk and Marion
Counties, Oregon, over
the past three calendar
years.
2014
2015
2016
CLOSED SALES
Closed Sales
POLK & MARION
COUNTIES, OR
160
140
This graph shows the
120
closed sales over the past
100
five calendar years in
80
2012
2013
2014
60
Polk and Marion
2015
40
Counties, Oregon.
2016
20
0
DAYS ON MARKET
Average Total Market Time
POLK & MARION
COUNTIES, OR
180
160
This graph shows the
140
average market time for
120
100
sales in Polk and Marion
80
Counties, Oregon, over
60
the past three calendar
40
years.
2014 TMT
2015 TMT
2016 TMT
4
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
This graph represents the average and median sale
SALE PRICE
price for RMLS™-listed homes sold in Polk and
POLK & MARION
COUNTIES, OR
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
Marion counties in Oregon.
Average and Median Sale Price
$300,000
$280,000
$260,000
$240,000
$220,000
$200,000
$180,000
$140,000
Average Sale Price
Median Sale Price
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
Jan-16
Mar-16
Nov-15
Jul-15
Sep-15
May-15
Jan-15
Mar-15
Nov-14
Jul-14
Sep-14
May-14
Jan-14
Mar-14
Nov-13
Jul-13
Sep-13
May-13
Jan-13
Mar-13
Nov-12
Jul-12
Sep-12
May-12
Jan-12
Mar-12
Nov-11
Jul-11
Sep-11
May-11
Jan-11
Mar-11
Jul-10
$100,000
Sep-10
$120,000
Nov-10
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
$160,000
May-10
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Metro Portland, Oregon March Residential Highlights
The Portland metro area saw
some seasonal increases this March,
but some numbers are cooler so far
for the year to date. Closed sales
(2,565) were up 4.4% compared
to March 2015 (2,457) and 41.5%
compared to February 2016 (1,813).
The last March that closings were
more numerous was in 2007, when
2,775 closings were posted for the
month.
Pending sales, at 3,076, rose
10.4% over the 2,786 offers accepted
last month in February 2016—but
were 9.1% under the 3,384 offers
accepted last year in March 2015.
March 2016 Reporting Period
Total market time in the Portland
metro area decreased to 51 days this
March, with inventory decreasing
to 1.3 months. There are currently
a total of 3,318 active residential
listings in the Portland metro area.
Average and Median Sale Prices
Comparing the average price of
homes in the twelve months ending
March 31st of this year ($361,100)
with the average price of homes sold
in the twelve months ending March
2015 ($334,400) shows an increase of
8.0%. In the same comparison, the
median has increased 9.0% from
$289,000 to $315,000.
Similarly, the 3,409 new listings
rose 17.7% above the 2,896 new
listings offered last month in
February 2016 but were 5.2% cooler
than in March 2015 when 3,596 new
listings were offered.
Change
2015
2016
Portland Metro
Residential
Highlights
Inventory in Months*
2014 2015 2016
January
4.1 3.4 1.8
February
3.9 3.0 1.8
March
3.1 1.9 1.3
April
2.8 1.8
May
2.8 1.7
June
2.8 1.6
July
2.9 1.7
August
3.0 1.9
September
3.1 1.9
October
2.8 1.8
November
3.2 2.0
December
2.3 1.2
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end of the
month in question by the number of closed sales
for that month. This includes proposed and under
construction homes.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
+8.0% ($361,100 v. $334,400)
Median Sale Price % Change:
+9.0% ($315,000 v. $289,000)
For further explanation of this measure, see the
second footnote on page 2.
New
Listings
Pending
Sales
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
3,409
3,076
2,565
385,100
335,000
51
February
2,896
2,786
1,813
364,900
315,000
60
Year-to-date
8,909
7,873
6,415
368,800
321,000
55
March
3,596
3,384
2,457
337,200
290,000
75
Year-to-date
9,328
7,996
5,720
332,000
286,000
78
March
-5.2%
-9.1%
4.4%
14.2%
15.5%
-31.5%
Prev Mo 2016
17.7%
10.4%
41.5%
5.5%
6.3%
-15.0%
Year-to-date
-4.5%
-1.5%
12.2%
11.1%
12.2%
-29.4%
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Portland Metropolitan Area, Oregon
Average Sale Price
Closed Sales
Average Sale Price
Closed Sales
Average Sale Price
Avg. Sale Price % Change2
Median Sale Price
Average Sale Price
Closed Sales
Pending Sales 2016 v. 20151
Pending Sales
New Listings
3
Total Market Time
Average Sale Price
122
-16.4%
103
365,000
30
344
304
-9.3%
234
364,400
350,000
15.4%
4
1,037,500
6
157,500
8
526,100
NE Portland
190
299
37
263
-13.2%
257
411,100
33
772
702
-0.8%
593
386,500
339,000
8.7%
7
480,000
5
435,000
23
451,200
SE Portland
273
405
41
375
-3.1%
291
348,500
39
989
926
3.2%
768
336,500
290,000
9.0%
10
312,000
21
202,500
39
519,400
144
Closed Sales
17
Gresham/
Troutdale
239
212
36
198
-3.9%
186
278,400
59
597
566
4.8%
500
277,200
265,000
9.7%
7
469,600
11
151,200
15
261,500
145
Pending Sales 2016 v. 20151
132
Milwaukie/
Clackamas
330
301
41
271
6.3%
215
351,800
68
754
655
6.7%
539
354,800
329,000
9.0%
1
701,000
49
146,400
5
346,400
Oregon City/
Canby
233
196
26
209
20.1%
148
371,800
53
546
511
25.9%
355
361,100
322,400
12.2%
1
67,500
22
212,700
5
416,700
Lake Oswego/
West Linn
284
189
50
150
-13.8%
114
639,500
92
528
397
-5.9%
303
581,300
475,000
5.7%
-
21
469,100
4
429,300
W Portland
348
344
66
268
-28.7%
242
551,400
49
873
697
-19.1%
581
523,100
450,000
8.7%
1
410,000
13
318,200
14
652,900
NW Wash Co.
149
170
13
147
14.0%
117
481,000
42
438
376
6.5%
312
464,000
431,000
5.6%
2
97,700
2
271,000
Beaverton/
Aloha
156
304
24
286
-27.0%
261
337,800
37
840
782
-11.9%
655
317,600
290,000
8.6%
4
217,500
8
137,900
6
402,900
Tigard/
Wilsonville
324
330
42
302
0.3%
241
401,400
50
860
705
-1.0%
542
385,100
364,900
11.0%
1
206,500
11
375,200
5
293,400
Hillsboro/
Forest Grove
192
214
27
194
-20.8%
179
320,700
43
564
516
-10.3%
452
318,300
290,000
9.6%
3
269,200
15
328,800
5
251,100
66
25
7
20
81.8%
16
269,600
106
62
49
63.3%
37
249,300
235,300
5.1%
7
82,500
Columbia Co.
161
105
22
82
-16.3%
67
238,400
94
237
219
-5.2%
194
231,000
225,000
5.7%
3
188,300
26
72,400
6
174,300
Yamhill Co.
287
183
32
189
1.1%
128
276,900
84
505
468
10.6%
350
272,800
249,300
8.0%
5
701,000
25
160,700
13
230,000
156
155
153
149
148
143
142
86
146
Pending Sales
Year-To-Date
147
Expired.Canceled Listings
MULTIFAMILY
Year-To-Date
150
New Listings
Active Listings
LAND
Year-To-Date
151
141
COMMERCIAL
152
N Portland
Year-To-Date
Closed Sales
RESIDENTIAL
Current Month
1
Mt. Hood
-
-
-
-
-
-
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The YearTo-Date section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31
days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
2
© Copyright RMLS™ 2016. All Rights Reserved.
8,500
ACTIVE
RESIDENTIAL
LISTINGS
7,500
PORTLAND, OR
6,500
This graph shows the active
5,500
residential listings over the
4,500
past three calendar years in
3,500
the greater Portland,
2,500
Oregon metropolitan area.
Active Residential Listings
JAN
FEB MAR APR MAY JUN
JUL AUG SEP OCT NOV DEC
2014 5,671 5,752 5,811 6,093 6,858 7,250 7,727 7,784 7,438 6,963 6,131 5,146
2015 4,996 4,947 4,767 4,853 5,125 5,388 5,708 5,837 5,657 5,021 4,252 3,381
2016 3,305 3,226 3,318
TOTAL ACTIVE
LISTINGS
PORTLAND, OR
Total Active Listings
11,000
10,000
This graph shows the
9,000
total active listings over
8,000
the past three calendar
7,000
years in the greater
6,000
Portland, Oregon
5,000
metropolitan area.
4,000
JAN
FEB MAR APR MAY JUN
JUL AUG SEP OCT NOV DEC
2014 7,606 7,731 7,702 8,066 8,928 9,290 9,829 9,872 9,483 8,959 8,098 6,839
2015 6,764 6,718 6,518 6,622 6,934 7,175 7,549 7,665 7,417 6,737 5,905 4,785
2016 4,743 4,674 4,754
NEW LISTINGS
New Listings
PORTLAND, OR
4,500
This graph shows the
4,000
new residential listings
3,500
over the past three
3,000
2,500
calendar years in the
2,000
greater Portland, Oregon
1,500
1,000
metropolitan area.
2014
2015
2016
3
© Copyright RMLS™ 2016. All Rights Reserved.
PENDING LISTINGS
Pending Sales
PORTLAND, OR
4,000
This graph represents
3,500
monthly accepted offers
3,000
in the Portland, Oregon
2,500
metropolitan area over
2,000
the past three calendar
1,500
years.
1,000
2014
2015
2016
CLOSED SALES
Closed Sales
PORTLAND, OR
This graph shows the
3,500
closed sales over the past
3,000
five calendar years in the
greater Portland, Oregon
metropolitan area.
2,500
2012
2,000
2013
1,500
2014
1,000
2015
500
2016
0
DAYS ON MARKET
Average Total Market Time
PORTLAND, OR
110
100
90
80
70
60
50
40
30
20
This graph shows the
average market time for
sales in the Portland,
Oregon metropolitan area
over the past three calendar
years.
2014 TMT
2015 TMT
2016 TMT
4
© Copyright RMLS™ 2016. All Rights Reserved.
SALE PRICE
This graph represents the average and median sale price for all homes sold in
PORTLAND, OR
the Portland, Oregon metropolitan area.
Average and Median Sale Price
$425,000
$375,000
$325,000
$275,000
Average Sale Price
Mar-16
Dec-15
Sep-15
Jun-15
Mar-15
Dec-14
Jun-14
Sep-14
Mar-14
Dec-13
Sep-13
Jun-13
Mar-13
Dec-12
Jun-12
Sep-12
Mar-12
Dec-11
Sep-11
Jun-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-09
Dec-08
Jun-08
Sep-08
$175,000
Mar-08
$225,000
Median Sale Price
MEDIAN SALE
PRICE
Median Sale Price: Portland, OR & Clark Co., WA
PORTLAND, OR
$350,000
$300,000
This graph shows the
$250,000
median sale price over
$200,000
the past 12 months in
the greater Portland,
$150,000
$100,000
Oregon, metropolitan
MAR
APR
MAY JUNE JULY AUG SEPT OCT
Clark County
NOV
DEC
JAN
Metro Portland, OR
5
© Copyright RMLS™ 2016. All Rights Reserved.
FEB
MAR
area and Clark
County.
MEDIAN SALE PRICE
March 2016
SW
WASHINGTON
$280,300
$375,000
Woodland
N/NE Clark County
PORTLAND
$309,000
$381,300
Battle Ground
Ridgefield/La Center
METRO
$ 229,900
Columbia County
$385,000
Salmon Creek
$284,900
Felida
$ 458,500
North Washington County
Sauvie Island
Brush Prairie
Hockinson
$265,900
Hazel
Dell
Minnehaha
$239,500
5 Corners
Orch.
$208,500
Cent. Vancouver
$ 310,000
Beaverton
$ 486,300
West
Portland
Aloha
$ 380,000
Tigard/Tualatin
Sherwood
Wilsonville
$384,000
Camas/Washougal
$ 350,000
NE
Portland
$ 300,000
SE
Portland
$ 325,000
$ 527,500
Milwaukie/Gladstone/
Boring/Clackamas
Estacada
Lake Oswego
West
Linn
$ 262,500
$ 329,500
Oregon City
Canby
Molalla
Beavercreek
Yamhill County
6
$265,000
Cascade Park
$247,000
Heights
$ 360,000
N Portland
$ 298,500
Hillsboro
Forest Grove
$339,900
© Copyright RMLS™ 2016. All Rights Reserved.
$ 270,000
Gresham
Troutdale
Sandy
Corbett
Fairview
$ 248,100
Mt. Hood:
Zigzag
Welches
Rhododendron
Wemme
Brightwood
Government Camp
MULTIPLE LISTING SERVICE
ACTIVE & CLOSED
CONDOS
PORTLAND, OR
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
This graph shows the number of active and closed
condos in the Portland, Oregon, metropolitan area.
Active & Closed Condos
600
500
400
300
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
200
100
0
Active Listings
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
MEDIAN SALE
PRICE CONDOS
PORTLAND, OR
Closed Sales
This graph represents the median sale price for all
condos sold in the last three calendar years in the
Portland, Oregon metropolitan area.
Median Condo Sale Price
$250,000
$225,000
$200,000
$175,000
$150,000
$125,000
2014
2015
2016
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
Clark County, Washington Market Action Addition
March 2016
The Clark County, Washington real estate marketplace has some unique characteristics. There is a much
higher proportion of active residential listings in Clark County that are Proposed, defined as "not yet
under construction", than exists in any other RMLS™ area. This means that there are fewer homes listed
as Active that are ready to move into in an immediate timeframe.
The Clark County Association of Realtors®, an RMLS™ shareholder, has asked us to produce some
additional statistics each month to delve more deeply into the inventory counts in Clark County. The
following summary shows the number of homes available for immediate purchase and occupancy.
Total Active Listings* Reported in Market Action:
Less Listings with Purchase Contingencies*:
Readily Purchased Listings:
Percent of Total Active Listings:
1,158
124
1,034
89.3%
Less New Under Construction (not ready for occupancy):
104
Less New Proposed (not started):
205
Total Readily Purchased & Occupied Listing:
Percent of Total Active Listings:
Inventory in Months of Readily Purchased & Occupied Listings:
725
62.6%
1.0
* Active Listings reported in Market Action include three statuses (ACT, BMP, SSP). Two of these statuses are
defined as listings with accepted offers that are still marketed as active listings due to the type of offer on the
property. These are Bumpable Buyer, which is an offer that is contingent on the sale of the buyer's current home,
and Short Sale Pending, where an offer has been accepted by the seller but the required third party approvals have
not been obtained.
Source: RMLS™ Regional Multiple Listing Service, Portland Oregon
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Southwest Washington
March Residential Highlights
Activity in Southwest
Washington was fairly strong this
March. Closed sales (699) rose
14.2% above the 612 closings posted
in March 2015 and 61.1% above
the 434 closings posted last month
in February 2016. The last time
closings were higher in March for
the area was in 2006, when 716
closings were posted for the month.
New listings, at 971, fared 1.3%
better than in March 2015 (959) and
16.7% better than in February 2016
(832).
Pending sales (874) ended 1.1%
cooler than in March 2015 (884) but
surged 19.6% ahead of the 731 offers
accepted last month in February
2016.
March 2016 Reporting Period
Total market time decreased in
March to 66 days, and inventory fell
to 1.7 months.
Average and Median Sale Prices
Comparing the average price of
homes in the twelve months ending
March 31st of this year ($304,600)
with the average price of homes sold
in the twelve months ending March
2015 ($278,400) shows an increase
of 9.4%. The same comparison of
the median shows an increase of
9.3% over that same period.
Inventory in Months*
2014 2015 2016
January
6.4 3.9 2.6
February
5.7 3.7 2.7
March
4.6 2.6 1.7
April
4.1 2.4
May
3.9 2.6
June
3.9 2.1
July
3.9 2.4
August
3.8 2.6
September
3.7 2.7
October
3.4 2.2
November
4.2 2.7
December
3.4 1.9
*Inventory in Months is calculated by dividing
the Active Residential Listings at the end
of the month in question by the number of
closed sales for that month.This number
includes proposed and under construction
homes.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
+9.4% ($304,600 v. $278,400)
Median Sale Price % Change:
+9.3% ($270,000 v. $247,000)
For further explanation of this measure, see
the second footnote on page 3.
Due to significant differences between the counties in Southwest Washington, the Residential Review on
pages 1, 3, 4, and 5 contain Clark County data only. For data on Cowlitz County, see the Area Report on
page 2, or the graphs on page 6.
2016
Clark County
Residential
Highlights
2015
Pending
Sales
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
971
874
699
321,200
285,000
66
February
832
731
434
312,300
266,300
70
2,547
2,242
1,674
312,100
273,200
70
959
884
612
280,200
249,500
95
Year-to-date
2,475
2,124
1,509
276,700
247,000
102
March
1.3%
-1.1%
14.2%
14.6%
14.2%
-30.9%
Prev Mo 2016
16.7%
19.6%
61.1%
2.8%
7.0%
-5.7%
Year-to-date
2.9%
5.6%
10.9%
12.8%
10.6%
-31.4%
Year-to-date
Change
New
Listings
March
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
SW Washington
21
Orchards
22
Evergreen
23
E Heights
24
Cascade Park
25
Five Corners
26
E Orchards
27
Fisher's Landing
31
SE County
32
Camas City
33
Washougal
41
N Hazel Dell
42
S Salmon Creek
43
N Felida
44
N Salmon Creek
50
Ridgefield
51
W of I-5 County
52
NW E of I-5 County
61
Battleground
62
Average Sale Price
20
NE Heights
Brush Prairie
63
Closed Sales
Average Sale Price
15
E Hazel Dell
East County
64
Closed Sales
14
Lincoln/Hazel Dell
Central County
9
4
0
5
150.0%
4
435,000
131
13
11
175.0%
7
437,400
405,000
77
16.7%
-
-
1
215,000
-
-
65
Closed Sales
Avg. Sale Price % Change2
13
SW Heights
Mid-Central County
6
5
1
4
-20.0%
4
455,500
83
12
10
42.9%
5
460,400
435,000
127
22.2%
-
-
2
33,000
-
-
66
Total Market Time
Median Sale Price
Average Sale Price
12
NW Heights
Yacolt
21
17
1
8
0.0%
7
407,100
92
31
22
22.2%
16
309,000
276,000
60
22.5%
-
-
3
77,100
-
-
70
Closed Sales
Pending Sales 2016 v. 20151
11
Downtown Vancouver
La Center
20
16
1
11
22.2%
4
378,900
171
27
19
-5.0%
17
335,500
329,900
88
11.5%
-
-
-
-
-
71
New Listings
Pending Sales
3
Year-To-Date
N Central
16
11
1
2
-33.3%
7
332,700
143
21
11
57.1%
10
322,700
309,100
128
7.5%
-
-
72
Total Market Time
Average Sale Price
MULTIFAMILY
Year-To-Date
NE Corner
3
1
0
2
100.0%
0
-
-
4
3
0.0%
0
-
-
-
13.5%
0
1,158
971
149
874
-1.1%
699
321,200
66
2,547
2,242
5.6%
1,674
312,100
273,200
70
9.4%
1
80
Closed Sales
Pending Sales 2016 v. 20151
LAND
Year-To-Date
Woodland City
9
14
1
12
100.0%
9
274,100
62
30
28
12.0%
25
256,000
272,500
90
20.3%
-
-
4
85,000
-
81
Pending Sales
Expired.Canceled Listings
COMMERCIAL
Woodland Area
11
11
5
11
120.0%
5
305,000
165
20
21
7.3%
15
296,000
265,000
74
0.7%
-
-
7
107,700
-
82
New Listings
Active Listings
Year-To-Date
Average Sale Price
RESIDENTIAL
Current Month
Cowlitz County
132
70
13
59
-21.3%
44
249,200
98
176
162
7.3%
121
214,700
186,000
105
11.0%
2
410,000
14
91,700
8
195,500
Cowlitz County Total
152
95
19
82
-4.7%
58
257,900
98
226
211
9.3%
161
228,700
221,000
100
10.8%
2
410,000
25
95,100
8
195,500
Pacific County Total
91
15
8
14
-22.2%
7
208,600
192
50
35
-10.3%
29
186,700
146,000
195
15.0%
12
24,200
87
Clark County Total
22
23
4
31
6.9%
20
230,100
24
71
70
0.0%
42
258,600
237,500
61
12.0%
-
-
-
-
3
286,700
14
26
2
29
-3.3%
17
181,000
29
63
60
-13.0%
46
182,000
181,000
41
17.7%
-
-
-
-
11
280,000
20
17
2
17
-15.0%
14
352,200
61
48
36
0.0%
29
355,600
247,000
75
1.8%
-
-
1
325,000
1
217,500
15
14
2
13
-40.9%
18
259,800
24
45
42
-26.3%
39
264,900
249,900
55
21.9%
-
-
1
90,000
-
48
48
6
57
50.0%
38
263,000
23
157
153
41.7%
100
243,500
243,800
38
15.1%
-
-
6
151,700
-
19
15
1
13
-45.8%
25
254,300
35
54
57
-1.7%
53
248,600
241,000
41
11.4%
-
-
4
500,000
1
200,000
56
47
13
48
20.0%
42
270,600
51
147
118
16.8%
89
249,000
234,900
51
14.9%
-
-
1
300,000
2
2,935,000
60
98
8
90
-6.3%
63
251,100
32
225
216
8.5%
167
242,900
238,000
38
14.6%
-
-
3
249,000
4
341,300
27
20
4
18
-5.3%
11
290,300
59
60
51
15.9%
37
349,400
267,500
60
7.3%
-
-
1
144,500
2
321,000
25
31
4
25
13.6%
17
301,700
55
60
50
-13.8%
45
314,100
272,000
72
-0.3%
-
-
-
-
3
430,000
13
42
2
35
16.7%
20
234,100
65
66
72
-7.7%
45
232,500
229,900
63
4.2%
-
-
-
-
18
22
19
-5.0%
20
320,000
99
52
52
4.0%
46
312,200
294,500
70
9.7%
-
-
16
26
3
28
-6.7%
36
342,200
79
71
72
30.9%
66
324,700
314,000
79
4.2%
-
-
14
8
1
8
60.0%
1
435,000
498
18
14
55.6%
7
332,100
370,000
200
15.2%
-
-
4
118
85
20
72
-4.0%
50
427,700
114
220
186
1.1%
117
423,100
393,000
128
9.2%
-
-
97
67
20
57
39.0%
31
382,500
87
149
121
4.3%
81
355,200
295,000
92
10.6%
-
49
46
8
37
27.6%
38
309,000
33
97
87
-5.4%
77
305,500
279,900
43
-1.7%
-
53
43
25
-37.5%
22
277,100
37
83
72
-18.2%
61
270,400
264,400
49
11.3%
41
28
5
28
-28.2%
29
396,800
66
81
81
-24.3%
66
390,200
344,500
67
52
32
7
26
-21.2%
39
390,800
103
105
96
-4.0%
79
375,200
380,000
101
58
32
8
36
20.0%
33
320,900
86
124
113
79.4%
67
333,200
309,900
72
9.8%
12
6
0
6
0.0%
4
581,800
122
16
14
75.0%
10
607,800
550,500
130
29.2%
27
8
5
3
-66.7%
5
600,700
188
23
11
-45.0%
11
449,300
418,400
127
7.0%
64
65
10
59
5.4%
32
305,800
66
160
141
3.7%
98
293,600
257,700
85
145
68
10
62
-15.1%
48
370,400
76
244
180
14.6%
140
365,100
331,400
-
-
0
0
-
0
-
-
1
-50.0%
1
507,000
507,000
-
-
-
2
© Copyright RMLS™ 2016. All Rights Reserved.
-
-
-
-
-
-
-
130,000
-
-
9
304,800
-
-
-
23
152,000
-
1
75,000
-
-
2
60,000
8.3%
-
-
1
100,000
-
-
7.2%
-
-
3
151,000
-
-
57,000
4
65,300
-
-
-
-
1
238,100
-
-
-
-
4
174,700
-
5.2%
-
-
10
130,100
84
6.2%
-
-
14
455,600
74
21.7%
-
-
-
1
-
1
-
175,000
-
-
-
2
262,500
1
310,000
-
-
2
282,500
-
-
-
-
2
625,000
-
0
-
0
-
57,000
102
223,900
32
466,400
-
-
-
-
-
-
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
2,800
2,600
CLARK COUNTY, WA
2,400
2,200
This graph shows
2,000
the active residential
1,800
listings over the past
1,600
three calendar years
1,400
1,200
in Clark County,
1,000
Washington.
JAN
FEB MAR APR MAY JUN
JUL AUG SEP OCT NOV DEC
2014 2,177 2,060 2,098 2,117 2,329 2,504 2,566 2,522 2,410 2,288 2,069 1,756
2015 1,650 1,586 1,570 1,642 1,759 1,750 1,943 1,961 1,800 1,699 1,479 1,247
2016 1,168 1,169 1,158
NEW LISTINGS
CLARK COUNTY, WA
New Listings
This graph shows the
1,400
new residential listings
1,200
over the past three
calendar years in Clark
County, Washington.
1,000
800
600
400
200
2014
1
2015
2016
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The
Year-To-Date section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within
31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
3
© Copyright RMLS™ 2016. All Rights Reserved.
PENDING LISTINGS
Pending Sales
CLARK COUNTY, WA
This graph represents
1,000
900
monthly accepted
800
700
offers in Clark County,
600
Washington over the past
500
three calendar years.
400
300
2014
2015
2016
CLOSED SALES
Closed Sales
CLARK COUNTY, WA
900
This graph shows the
800
closed sales over the past
700
five calendar years in Clark
County, Washington.
600
2012
500
2013
400
2014
300
2015
200
2016
100
0
DAYS ON MARKET
Average Total Market Time
CLARK COUNTY, WA
This graph shows the
180
160
140
average market time for
120
sales in Clark County,
100
80
Washington, over the past
60
three calendar years.
40
2014 TMT
2015 TMT
2016 TMT
4
© Copyright RMLS™ 2016. All Rights Reserved.
This graph represents the average and median sale price for all homes sold in
SALE PRICE
Clark County, Washington
CLARK COUNTY, WA
Average and Median Sale Price
$330,000
$310,000
$290,000
$270,000
$250,000
$230,000
$210,000
$190,000
Average Sale Price
Median Sale Price
New Listings
NEW LISTINGS
COWLITZ COUNTY, WA
This graph represents new
listings in Cowlitz County,
140
120
100
80
60
Washington over the past
40
three calendar years.
20
2014
5
2015
© Copyright RMLS™ 2016. All Rights Reserved.
2016
Mar-16
Sep-15
Mar-15
Sep-14
Mar-14
Sep-13
Mar-13
Sep-12
Mar-12
Sep-11
Mar-11
Sep-10
Mar-10
Sep-09
Mar-09
Sep-08
Mar-08
Sep-07
Mar-07
Sep-06
$150,000
Mar-06
$170,000
PENDING LISTINGS
Pending Sales
COWLITZ COUNTY, WA
100
90
80
70
60
50
40
30
20
10
This graph represents monthly
accepted offers over the past
three calendar years in Cowlitz
County, Washington.
2014
2015
2016
CLOSED SALES
Closed Sales
COWLITZ COUNTY, WA
80
70
This graph shows the closed
60
sales over the past five
2012
50
2013
40
2014
30
2015
calendar years in Cowlitz
County, Washington.
2016
20
10
AUG
SEP
OCT
AVERAGE SALE
PRICE
$280,000
COWLITZ COUNTY, WA
$240,000
$220,000
$200,000
$180,000
$160,000
$140,000
6
© Copyright RMLS™ 2016. All Rights Reserved.
Mar-16
Dec-15
Jun-15
Sep-15
Mar-15
Dec-14
Jun-14
Sep-14
Mar-14
$100,000
Dec-13
$120,000
Sep-13
County, Washington.
$260,000
Jun-13
for all homes sold in Cowlitz
Average Sale Price
Mar-13
monthly average sale price
DEC
Dec-12
This graph represents the
NOV
Jun-12
JUL
Sep-12
JUN
Mar-12
MAY
Dec-11
APR
Jun-11
MAR
Sep-11
FEB
Mar-11
JAN
Dec-10
0
MULTIPLE LISTING SERVICE
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
MEDIAN SALE PRICE
March 2016
SW
WASHINGTON
communications@rmls.com
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
PORTLAND
$280,300
$375,000
Woodland
N/NE Clark County
$309,000
$381,300
Battle Ground
Ridgefield/La Center
METRO
$ 229,900
Columbia County
$385,000
Salmon Creek
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
$284,900
Felida
$ 458,500
North Washington County
Hockinson
$265,900
Hazel
Dell
Minnehaha
$239,500
5 Corners
Orch.
$208,500
Cent. Vancouver
Sauvie Island
$ 298,500
Hillsboro
$ 310,000
$ 486,300
West
Portland
Beaverton
Aloha
$ 380,000
Tigard/Tualatin
Sherwood
Wilsonville
$384,000
Camas/Washougal
$ 350,000
NE
Portland
$ 300,000
SE
Portland
$ 325,000
$ 527,500
$265,000
Cascade Park
$247,000
Heights
$ 360,000
N Portland
Forest Grove
$339,900
Brush Prairie
Milwaukie/Gladstone/
Boring/Clackamas
Estacada
$ 270,000
Gresham
Troutdale
Sandy
Corbett
Fairview
Lake Oswego
West
Linn
$ 262,500
RMLS was formed by area
Boards and Associations of
REALTORS® in 1991.
™
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
$ 329,500
Oregon City
Canby
Molalla
Beavercreek
Yamhill County
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
$ 248,100
Mt. Hood:
Zigzag
Welches
Rhododendron
Wemme
Brightwood
Government Camp
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Union County, Oregon March Residential Highlights
Union County saw mixed numbers
this March. New listings (49) rose
36.1% over the 36 recorded in March
2015 and 63.3% over the 30 offered
last month in February 2016. Pending
sales, at 29, were 12.1% cooler than
in March 2015 (33) but 61.1% higher
than in February 2016 (18). Closed
sales (18) were 25.0% cooler compared to last month in February 2016
(24) and 18.2% cooler compared to
March 2015 (22). Total market time in
Change
2015
2016
Union County
Residential
Highlights
New
Listings
Pending
Sales
March 2016 Reporting Period
Union County decreased to 200 days
in March, and inventory increased to
7.1 months.
Average and Median Sale Prices
Comparing the average price of
homes in the twelve months ending
March 31st of this year ($183,500)
with the average price of homes sold
in the twelve months ending March
2015 ($182,500) shows a decrease of
0.5%. The same comparison of the
median shows a 0.4% decrease over
the same period.
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
March
49
29
18
157,200
151,900
200
February
30
18
24
181,400
157,500
206
Year-to-date
94
67
60
167,100
143,500
186
March
36
33
22
153,900
141,400
177
Year-to-date
87
70
45
181,300
136,000
214
March
36.1%
-12.1%
-18.2%
2.1%
7.4%
12.9%
Prev Mo 2016
63.3%
61.1%
-25.0%
-13.3%
-3.6%
-2.9%
8.0%
-4.3%
33.3%
-7.8%
5.5%
-13.0%
Year-to-date
Active Residential Listings
Inventory in Months*
2014 2015 2016
January
13.6 14.3 6.2
February
9.7 17.2 4.7
March
14.8 8.0 7.1
April
9.0 11.3
May
11.0 7.3
June
8.1 7.0
July
6.6 6.0
August
11.0 5.5
September
7.0 5.6
October
14.8 5.2
November
9.9 3.8
December
7.3 5.4
*Inventory in Months is calculated by dividing the Active Residential
Listings at the end of the month in question by the number of closed
sales for that month. This number includes proposed and under
construction homes.
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
+0.5% ($183,500 v. $182,500)
Median Sale Price % Change:
-0.4% ($153,700 v. $154,300)
For further explanation of this measure, see the second
footnote on page 2.
Note: A residential property in Union County, zip code
97850, sold in January 2014 for $6.25 million dollars,
impacting the area’s average sale price.
ACTIVE
RESIDENTIAL
LISTINGS
250
230
210
190
UNION COUNTY, OR
170
This graph shows the active
150
130
residential listings over the
110
past three calendar years in
90
2014
2015
2016
JAN
163
172
105
FEB
165
172
112
MAR
177
176
128
APR
189
203
MAY
209
197
JUN
227
195
JUL
238
173
AUG
220
177
SEP
216
167
OCT
207
146
NOV
188
133
DEC
169
113
Union County, Oregon.
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Union County, Oregon
RESIDENTIAL
1
1
370,000
370,000
-18.2%
-
-
160,000
594
7
5
0.0%
5
279,400
242,000
-10.7%
-
-
Elgin
18
5
4
-20.0%
2
94,800
221
10
7
-36.4%
6
130,300
119,800
3.2%
-
-
Imbler
4
0
0
-100.0%
1
275,000
71
3
2
100.0%
3
159,600
105,800
-11.0%
-
-
72
30
5
15
-16.7%
11
154,800
173
56
34
-5.6%
34
165,500
151,900
4.2%
North Powder
3
3
2
-100.0%
1
144,900
155
3
2
100.0%
3
115,200
144,900
-47.9%
-
-
-
-
-
-
Summerville
3
1
1
2
100.0%
1
325,000
186
2
4
33.3%
1
325,000
325,000
-12.4%
-
-
-
-
-
-
10
5
1
4
-20.0%
1
31,500
250
12
11
-8.3%
7
99,900
102,000
16.2%
-
-
1
19,000
-
-
128
49
10
29
-12.1%
18
157,200
200
94
67
-4.3%
60
167,100
143,500
0.6%
4
493,000
1
0
-
3
3
-
-
-
68,000
-
-
-
-
-
-
-
-
-
-
1
117,500
117,500
Closed Sales
1
Closed Sales
0.0%
-
Average Sale Price
100.0%
Average Sale Price
Closed Sales
2
Average Sale Price
Avg. Sale Price % Change2 4
1
-
Median Sale Price
2
Union
Union Co.
Total
-
0
Average Sale Price
-
La Grande/
Island City
Closed Sales
4
Year-To-Date
Pending Sales 2016 v. 20151
15
MULTIFAMILY
Year-To-Date
Pending Sales
Cove
LAND
Year-To-Date
New Listings
-
3
2
COMMERCIAL
Total Market Time
0
Average Sale Price
Pending Sales 2016 v. 20151
1
Closed Sales
Pending Sales
3
Medical
Springs
Expired.Canceled Listings
New Listings
Year-To-Date
Active Listings
97883 97876 97867 97850 97841 97827 97824 97814
Current Month
2
942,500
4
4
217,500
217,500
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The YearTo-Date section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31
days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
NEW LISTINGS
New Listings
UNION COUNTY, OR
This graph shows the
70
60
new residential listings
50
40
over the past three
30
calendar years in Union
20
County, Oregon.
10
0
2014
2015
2016
2
© Copyright RMLS™ 2016. All Rights Reserved.
This graph represents the average and median sale price for all homes sold in
SALE PRICE
UNION COUNTY, OR
Union County, Oregon.
Average and Median Sale Price
$275,000
$255,000
$235,000
$215,000
$195,000
$175,000
$155,000
$135,000
$115,000
Average Sale Price
Mar-16
Jan-16
Nov-15
Sep-15
Jul-15
May-15
Mar-15
Jan-15
Nov-14
Sep-14
Jul-14
May-14
Mar-14
Jan-14
Nov-13
Sep-13
Jul-13
May-13
Mar-13
Jan-13
Nov-12
Sep-12
Jul-12
May-12
Mar-12
Jan-12
Nov-11
$75,000
Sep-11
$95,000
Median Sale Price
Note: A residential property in Union County, zip code 97850, sold in January 2014 for $6.25 million dollars, impacting the area’s average sales price.
Pending Sales
PENDING LISTINGS
50
45
40
35
30
25
20
15
10
5
UNION COUNTY, OR
This graph represents
monthly accepted offers
in Union County,
Oregon over the past
three calendar years.
2014
2015
2016
3
© Copyright RMLS™ 2016. All Rights Reserved.
MULTIPLE LISTING SERVICE
CLOSED SALES This graph shows the closed sales over the past five
UNION COUNTY, OR
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
calendar years in Union County, Oregon.
Closed Sales
40
35
30
25
2012
20
2013
15
2014
2015
10
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
2016
5
0
DAYS ON MARKET
UNION COUNTY, OR
This graph shows the average market time for sales
in Union County, Oregon, over the past three
calendar years.
Average Total Market Time
400
350
300
250
200
150
100
50
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
0
2014 TMT
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
2015 TMT
2016 TMT
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
Residential Review: Wallowa County, Oregon March 2016 Reporting Period
March Residential Highlights
March brought sunny real estate
activity to Wallowa County. There
were 17 pending sales, nearly double
the number of offers accepted in
March 2015 (9) and well ahead
of the ten accepted last month in
February 2016. New listings (14)
edged over the 13 new listings
offered in March 2015 and were
over triple the new listings offered
last month in February 2016 (4).
Closed sales, at 6, were cooler than
in March 2015 (11) but stronger than
last month in February 2016 (4).
Average and Median Sale Prices
Comparing the average price
of homes in the twelve months
ending March 31st of this year
($207,600) with the average price
of homes sold in the twelve months
ending March 2015 ($224,900)
shows a decrease of 7.7%. The
same comparison of the median
shows a increase of 4.4% over the
same period.
Inventory decreased in February
to 13.3 months. Total market time
decreased during the same time
period to 389 days.
Average Sale Price % Change:
Wallowa County
Residential
Highlights
Change
2015
2016
March
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
-7.7% ($207,600 v. $224,900)
Median Sale Price % Change:
+4.4% ($172,300 v. $165,000)
For further explanation of this measure, see
the second footnote on page 2.
New
Listings
Pending
Sales
Closed
Sales
Average
Sale Price
Inventory in Months*
2014 2015
January
10.0 14.6
February
13.8 55
March
64.0 10.3
April
15.6 9.3
May
18.3 14.1
June
29.2 9.9
July
17.7 9.1
August
23.7 21.7
September 12.0 9.5
October
10.3 15.4
November 23.0 14.1
December 40.3 13.7
2016
10.1
20.5
13.3
*Inventory in Months is
calculated by dividing the Active
Residential Listings at the end
of the month in question by
the number of closed sales
for that month. This number
includes proposed and under
construction homes.
Median
Sale Price
Total
Market
Time
14
17
6
270,100
225,800
389
4
10
4
228,800
200,000
413
Year-to-date
25
32
19
194,300
145,500
388
March
13
9
11
182,500
159,000
369
Year-to-date
28
25
21
208,900
187,000
407
7.7%
88.9%
-45.5%
48.0%
42.0%
5.5%
Prev Mo 2016
250.0%
70.0%
50.0%
18.1%
12.9%
-5.8%
Year-to-date
-10.7%
28.0%
-9.5%
-7.0%
-22.2%
-4.7%
February
March
© Copyright RMLS™ 2016. All Rights Reserved.
AREA REPORT • 3/2016
Wallowa County, Oregon
RESIDENTIAL
1
200.0%
33
7
2
6
20.0%
3
173,000
80
14
3
17
88.9%
6
270,100
-6.1%
-
-
-
-
-
-
-
4
1
-
1
125,000
125,000
-43.5%
-
-
-
-
-
-
619
1
2
100.0%
2
359,100
359,100
62.8%
-
-
2
7,800
-
-
-
3
9
50.0%
3
133,000
143,900
-14.8%
-
-
3
141,500
-
-
249
11
13
8.3%
8
175,400
160,300
0.2%
1
390,000
2
310,000
-
-
389
25
32
28.0%
19
194,300
145,500
-7.7%
1
390,000
7
151,400
-
Total Market Time
Average Sale Price
Enterprise
Wallowa Co.
Total
-
188,500
650,000
-
Average Sale Price
6
209,300
Closed Sales
-
5
Average Sale Price
1
16.7%
Closed Sales
22
Joseph
1
7
Average Sale Price
-
Closed Sales
1
4
Avg. Sale Price % Change2
0
Imnaha
0
6
Median Sale Price
0
2
483
Average Sale Price
-
5
Year-To-Date
Closed Sales
1
Lostine
225,800
MULTIFAMILY
Year-To-Date
Pending Sales 2016 v. 20151
-
4
LAND
Year-To-Date
Pending Sales
Closed Sales
2
16
COMMERCIAL
New Listings
Pending Sales 2016 v. 20151
50.0%
Wallowa
3
Pending Sales
3
New Listings
Expired.Canceled Listings
Year-To-Date
1
Active Listings
97828 97846 97842 97857 97885
Current Month
-
Percent change in number of pending sales this year compared to last year. The Current Month section compares March 2016 with March 2015. The YearTo-Date section compares 2016 year-to-date statistics through March with 2015 year-to-date statistics through March.
2
% Change is based on a comparison of the rolling average sale price for the last 12 months (4/1/15-3/31/16) with 12 months before (4/1/14-3/31/15).
3
Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within
31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
SALE PRICE
This graph represents the average and median sale price for all homes
sold in Wallowa County, Oregon.
WALLOWA COUNTY, OR
Average and Median Sale Price
$450,000
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
Average Sale Price
Median Sale Price
2
© Copyright RMLS™ 2016. All Rights Reserved.
Mar-16
Jan-16
Nov-15
Sep-15
Jul-15
May-15
Mar-15
Jan-15
Nov-14
Sep-14
Jul-14
May-14
Mar-14
Jan-14
Nov-13
Sep-13
Jul-13
May-13
Mar-13
$0
Jan-13
$50,000
NEW LISTINGS
New Listings
WALLOWA COUNTY, OR
This graph shows the
30
new residential listings
25
in Wallowa County,
20
15
Oregon.
10
5
0
2014
2015
2016
ACTIVE
RESIDENTIAL
LISTINGS
Active Residential Listings
190
170
WALLOWA COUNTY, OR
150
This graph shows the active
130
residential listings in
110
Wallowa County, Oregon.
90
70
50
2014
2015
2016
JAN
130
117
91
FEB
124
110
82
MAR
128
113
80
APR
156
112
MAY
165
127
JUN
175
129
JUL
177
127
AUG
166
130
This graph represents
monthly accepted offers
in Wallowa County,
Oregon.
OCT
144
108
NOV
138
99
DEC
121
96
Pending Sales
PENDING LISTINGS
WALLOWA COUNTY, OR
SEP
156
123
18
16
14
12
10
8
6
4
2
0
2014
3
© Copyright RMLS™ 2016. All Rights Reserved.
2015
2016
MULTIPLE LISTING SERVICE
CLOSED SALES
WALLOWA COUNTY, OR
Contact RMLS™
8338 NE Alderwood Rd
Suite 230
Portland, OR 97220
(503) 236-7657
communications@rmls.com
This graph shows the closed sales in Wallowa
County, Oregon.
Closed Sales
14
12
10
2012
8
2013
6
The statistics presented
in Market Action are
compiled monthly based
on figures generated by
RMLS™.
Market Action Reports
are compiled for the
following areas: Portland
metropolitan area,
Southwest Washington,
Mid-Columbia, Columbia
Basin, Baker County, Coos
County, Curry County,
Douglas County, Grant
County, Josephine County,
Lane County, North
Coastal Counties, Polk &
Marion Counties, Union
County, and Wallowa
County.
RMLS™ was formed by area
Boards and Associations of
REALTORS® in 1991.
E-mail subscriptions are
available for $45 per year
by contacting RMLS™.
Reproduction of any
portion of this copyrighted
material is prohibited
without prior approval of
RMLS™.
2014
4
2015
2
2016
0
DAYS ON MARKET This graph shows the average market time for sales in
WALLOWA COUNTY, OR
Wallowa County, Oregon, over the past three
calendar years.
Average Total Market Time
700
600
500
400
300
200
100
0
2014 TMT
2015 TMT
2016 TMT
Craig Fahner, Chairman of the Board
Kurt von Wasmuth, President/CEO
Tyler Chaudhary, Editor
© Copyright RMLS™ 2016. All Rights Reserved.

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