Valley Real Estate Review

Transcription

1 Valley Real Estate Review 35, 3, 25, 2, 15, 1, 5, December 218 Listings Months of Inventory % of Change 2,479 2, % % Offices Combined Force Total Listing Issued Total Annual Total Annual Dollar Volume ,898 16,957 5,954 $1,433,64, ,725 14,87 5,869 1,257,251, ,67 14,87 5,772 1,149,297, ,433 11,783 5,788 1,127,525, ,417 11,654 6,541 1,266,88, ,471 12,465 7,59 1,555,464, ,597 12,867 7,98 1,751,1, ,83 13,914 1,71 2,49,748, ,63 14,486 1,991 2,766,313, ,347 14,392 11,266 3,137,344, ,589 15,154 11,231 $3,449,545, to 218 Prices (all types, all areas) ,718 72,2 78,723 86,339 98,379 17,67 117,47 127, ,61 14, , , ,46 161, , ,98 23,64 25,25 24,78 214, , ,84 193,672 24, , , , ,479 37, to 218 Closed by Month ytd JAN FEB MAR APR MAY JUNE JULY AUG SEPT OCT NOV DEC Thousands Number of Number of Percent Increase/ Decrease From Previous Year % % % % % % % % % % Billions Total Annual Dollar Volume

2 Top Terms 218 Residential Prices by Area 7, 45 6, 5, 4, 3, 2, 1, Thousands CNV CSH FHA VA USDA 1TD LSC 5,938 2,376 1, Keizer 1 Central 2 SubEast 3 SubEast 35 Southeast 4 South 5 West 6 Benton 7 Linn 8 Marion 9 Polk 95 OS % = Percent of change from previous year Residential Prices by Area AREA % 14/ 215 Keizer 1 Central 2 SubEast 3 SubEast 35 Southeast 4 South 5 West 6 Benton 7 Linn 8 Marion 9 Polk 95 Total 216 % 15/ % 16/ % 17/ 218 $213,451 $228, % $256, % $276, % $3, % 141,51 145, % 168, % 197, % 226, % 162, , % 29, % 237, % 271, % 183,966 21, % 229, % 255, % 285, % 229, , % 284, % 39, % 347, % 264,15 31, % 322, % 355, % 388, % 235, , % 277,55 1.7% 317, % 342, % 288,75 313, % 335, % 358, % 39, % 178,928 22, % 211, % 242, % 273, % 222, , % 271, % 293, % 333, % 27, , % 25, % 272, % 32, % $227,879 $245, % $263, % $291, % $316, %

3 December 218 New Construction Statistics A member owned cooperative MLS Since 1949 New Construction Residential Area 1 Keizer Area 2 Central Area 3 Suburban NE Area 35 Suburban SE Area 4 SE Area 5 South Area 6 West Area 7 Benton Area 8 Linn Area 9 Marion Area 95 Polk 12 Mos to date Price Square Cost per Square Foot Day on the Market Listings $434,414 $283,2 $298,196 $32, $476,297 $391,949 $367,271 $415,459 $328,693 $384,893 $321,422 2,591 1,46 1,812 1,672 2,49 2,167 2,211 2,265 1,93 2,52 1,712 $171. $195. $167. $185. $2. $182. $168. $187. $171. $189. $ New Construction Pending Residential Price $248,38 $267,239 $35,337 $339,993 $367,985 $41,77 $38,6 Square Cost per Square Foot Days on the Market 1,888 1,926 1,99 2,13 2,37 2,31 1,985 $132. $139. $153. $171. $182. $199. $ Equal Housing Opportunity Many factors contribute to fluctuations in data - users should analyze over an extended period to ascertain market trends. copyright 218 WVMLS all rights reserved

4 Residential by Number of Number 12 1,142 5,91 2, Months $221,778 $31,334 $383,626 $45,396 Price Square 1,152 1,649 2,33 2,999 Cost $197. $185. $168. $151. per Square Foot Days on Market on the Market Residential Listings by Price Range 12 Mos Price Ranges

5 / Days on Market Residential Listings by Price Range - Days on the Market 3 25 DOM Price Ranges 3 25 Residential by Price Range Listings Price Ranges

6 Residential Price Analysis A R E A Dollar Volume Dollar Volume 218 on the Market 218 Dollar Volume Original List Price Price % Sale to List Days on the Mkt Square Price Per Square Foot $ $ $ $32916 $ $ OS New Listings by the Month Percent of Price to List Price JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Area 1 Area 2 Area 3 Area 35 Area 4 Area 5 Area 6 Area 7 Area 8 Area 9 Area 95 Area OS Days on the Market Area 1 Area 2 Area 3 Area 35 Area 4 Area 5 Area 6 Area 7 Area 8 Area 9 83 Area Area OS Price Per Square Foot By Area Including Lot Area 1 Area 3 Area 4 Area 6 Area 8 Area 95 Area 2 Area 35 Area 5 Area 7 Area 9 Area OS

7 th St. SE, Oregon (53) The Statistics presented in this update are compiled by the WVMLS. Statistics reflect sales made by member offices for properties listed in the Willamette Valley, Oregon. Many factors contribute to fluctuations in data. Users of this report should analyze data over an extended period to ascertain market trends. Information is deemed reliable but not guaranteed. Copyright 219 WVMLS All rights reserved Executive Vice President/Editor Jay A. Gordon We welcome your comments and suggestions. 24 to 218 Residential /Median Prices 35, Equal Housing Opportunity AREAS: # Keizer 1 Central 2 Suburban East 3 Suburban SE 35 Southeast 4 South 5 West 6 Benton 7 Linn 8 Marion 9 Polk 95 All statistical reports are available on the web at WVMLS.COM December 218 Full Year 217 December 217 Full Year 216 3, 25, 2, 15, 1, 5, , , , ,23 24,46 215,432 25,46 193, , ,27 227, ,98 263, ,18 316, ,9 172,4 199,9 217, 21, 192, 18,5 169, 169, 189,595 2,35 219, 235,4 263,5 289,9 Factoid: The average new home sold in the Willamette Valley is a 3 bedroom, 2 bath with 2,37 square feet plus a 2 car garage. The average cost per square foot for a new home is $182. including a 6, square foot lot. Closed New Listings Pending Listings Price % List Price to Price $33, % 11,266 14,392 4,363 $278, % ,134 $293, % 1,991 14,486 4,94 $251, %