Salem Oregon Real Estate Market Overview and Perspective

Like Stats? Now - a direct link to the Willamette Valley Multiple Listing Service stats page:

Monthly stats : You select the year, month and category of real estate
Annual stats: select the year and category

Average residential sales price per city - you select the month/year.

Residential with acreage, Foreclosures

Source:  Willamette Valley Multiple Listing Service
 

Frequently Asked Question:
"How's the Real Estate Market?"

It is a mixed bag. There are homes that have been on the market for months, and others that have multiple offers. The lower priced market is stronger, but higher priced homes are also being sold. As shown in the update to the left, there has been a 3% drop in new listings and closed sales are down from last year and about 20% less than YTD 2007. Is there more than one real estate market ? Read the blog :"There's more than One Real Estate Market"

Visit the Salem Oregon Real Estate Blog

David Brown, Buyers Broker, 503-302-2333

NON-CERTIFIED WOOD STOVES - NEW REMOVAL LAW AUG 1 2010
The 2009 Oregon Legislature passed a law requiring the removal of any uncertified woodstove from a home when it is sold. This law helps protect people from unnecessary woodsmoke pollution. FULL REPORT