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See all the detailed stats for the Oregon Real esate market in 2010 and year over year 2009 Vs 2010 Data. All the Data is Here.
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A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Baker County, Oregon January 2010 Reporting Period
NewListings
PendingSales
ClosedSales
AverageSale Price
MedianSale Price
TotalMarket
Time
January 26 9 5 130,300 40,000 185
Year-to-date 26 9 5 130,300 40,000 185
January 17 12 2 407,500 407,500 70
Year-to-date 17 12 2 407,500 407,500 70
January 52.9% -25.0% 150.0% -68.0% -90.2% 164.0%
Year-to-date 52.9% -25.0% 150.0% -68.0% -90.2% 164.0%
2010
2009
Ch
ang
e
Baker County, OregonResidentialHighlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -12.5 ($126,600 v. $144,700)
Median Sale Price % Change: 0% ($114,500 v. $114,500)
ACTIVE RESIDENTIAL
LISTINGSBAkER CouNTy, oR
This graph shows the active
residential listings over the
past three calendar years in
Baker County, Oregon.
Janauary Residential HighlightsSales in Baker County increased
dramatically when comparing January 2010 with last January. Closed sales were up 150%. New listings also increased 52.9%, but pending sales droped 25%.
However, comparing this month to last month, December 2009, tells a different story. Closed sales fell 58.3% (5 v. 12). Pending sales were exactly the same and new listings increased 100% (26 v. 13).
Sale PricesSale prices decreased significantly
this January compared to January 2009. The average sale price fell 68%, while the median dropped 90.2%. See residential highlights table below.
Comparing prices for January 2010 with December 2009, the average sale price increased 22.5% ($130,300 v. $106,400), while the median sale price fell 62.2% ($40,000 v. $105,800).
*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.
For further explanation of this measure, see the second footnote on page 2.
020406080
100120140160180200
Active Residential Listings
2008 2009 2010
Inventory in Months*2008 2009 2010
January 10.6 61 32.4February 17.2 19.3March 10.5 50.3April 8.1 21.9May 23.3 16June 12.0 18.5July 11.4 11.2August 12.1 13.9September 5.9 11.1October 9.6 9.6November 15.3 16.8December 25.6 12.3
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPoRT • 1/2010 Baker County, oregon
Activ
e Li
stin
gs
New
Lis
tings
3
Expi
red.
Canc
eled
Lis
tings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
91
Clos
ed S
ales
Aver
age
Sale
Pric
e
Tota
l Mar
ket T
ime
4
New
Lis
tings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
9
Clos
ed S
ales
Aver
age
Sale
Pric
e
Med
ian
Sale
Pric
e
Avg.
Sal
e Pr
ice
% C
hang
e2
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
460
Baker City/ Keating 111 22 15 8 -20.0% 5 130,300 185 22 8 -20.0% 5 130,300 40,000 -13.8% 1 79,500 - - - -
461 Haines/ Anthony Lk/ Muddy
Crk 5 1 1 - - - - - 1 - - - - - -33.3% - - - - - -
462 Sumpter/McEwen/Bourne/Phillips
Lk/ Granit 18 1 2 - -100.0% - - - 1 - -100.0% - - - 42.4% - - - - - -
463
Unity/Hereford 3 - - - - - - - - - - - - - -100.0% - - - - - -
464
Huntington/Lime 2 - - - - - - - - - - - - - - - - - - - -
465
Durkee/Pleasant Valley 2 - - - - - - - - - - - - - -100.0% - - - - - -
466
Richland/ New Bridge 11 1 - 1 - - - - 1 1 - - - - -41.4% - - - - - -
467
Halfway/ Cornucopia 10 1 - - - - - - 1 - - - - - -6.4% - - - - - -
468
Oxbow - - - - - - - - - - - - - - - - - - - - -
RESIDENTIALCurrent Month Year-To-Date
MULTIFAMILYYear-To-DateYear-To-Date Year-To-Date
COMMERCIAL LAND
NEW LISTINGS BAkER CouNTy, oR
This graph shows
the new residential
listings over the past
three calendar years
Baker County, Oregon.
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
05
10152025303540
New Listings
2008 2009 2010
3© Copyright RMLS™ 2010. All Rights Reserved.
This graph represents the average sale price for all homes
sold in Baker County, Oregon.
AVERAGE SALE PRICE
BAkER CouNTy, oR
This graph represents
monthly accepted offers
in Baker County, Oregon
over the past three
calendar years.
PENDING LISTINGS BAkER CouNTy, oR
20
25
Pending Sales
0
5
10
15
20
25
Pending Sales
0
5
10
15
20
25
Pending Sales
2008 2009 2010
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
Aug-
07Se
p-07
Oct
-07
Nov
-07
Dec
-07
Jan-
08Fe
b-08
Mar
-08
Apr-
08M
ay-0
8Ju
n-08
Jul-0
8Au
g-08
Sep-
08O
ct-0
8N
ov-0
8D
ec-0
8Ja
n-09
Feb-
09M
ar-0
9Ap
r-09
May
-09
Jun-
09Ju
l-09
Aug-
09Se
p-09
Oct
-09
Nov
-09
Dec
-09
Jan-
10
Average Sale Price
MuLTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph shows the closed sales over the past
three calendar years in Baker County, Oregon.
CLoSED SALES BAkER CouNTy, oR
This graph shows the average market time for sales
in Baker County, Oregon. *As of August 2008,
graph now reports “Total Days on Market”
- for details read footnotes on page 2.
DAyS oN MARkET BAkER CouNTy, oR
20
25
Closed Sales
0
5
10
15
20
25
Closed Sales
0
5
10
15
20
25
Closed Sales
2008 2009 2010
200
250
300
Average Market Time
0
50
100
150
200
250
300
Average Market Time
0
50
100
150
200
250
300
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Columbia Basin, Oregon January 2010 Reporting Period
January Residential HighlightsWhile pending sales in the
Columbia Basin region declined 25.6% this month compared to January 2009, closed sales were exactly the same. On the other hand, new listings rose a slight 1.1%.
Comparing activity in January 2010 with December 2009 shows a 20.8% (29 v. 24) increase in pending sales. However, closed sales fell 20.9% (34 v. 43) and new listings increased 61% (95 v. 59) driving an increase in inventory to the double digits for the first time since July 2009.
At the month’s rate of sales, the 467 active residential listings would last approximately 13.7 months.
Sale PricesThe average sale price for
January 2010 increased 11.7% when compared to the same month in 2009 and the median sale price increased 9.2%. See residential highlights table below.
Comparing prices from January 2010 with those of December 2009, the average sale price fell 8.8% ($136,800 v. $150,000) and the median sale price dropped 5.8% ($124,300 v. $132,000).
NewListings
PendingSales
ClosedSales
AverageSale Price
MedianSale Price
TotalMarket
Time
January 95 29 34 136,800 124,300 127
Year-to-date 95 29 34 136,800 124,300 127
January 94 39 34 122500 113800 143
Year-to-date 94 39 34 122500 113800 143
January 1.1% -25.6% 0.0% 11.7% 9.2% -11.5%
Year-to-date 1.1% -25.6% 0.0% 11.7% 9.2% -11.5%
2010
2009
Cha
nge
Columbia Basin ResidentialHighlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
*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.
% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).
Inventory in Months*2008 2009 2010
January 12.3 13.5 13.7February 11.3 19.6March 10.2 11.5April 7.1 16.2May 7.8 12.5June 9.4 8.2July 7.7 13.0August 10.8 8.9September 12.1 8.3October 9.7 6.4November 14.2 7.4December 10.1 9.9
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -2.5% ($130,800 v. $134,100)
Median Sale Price % Change: 0% ($125,500 v. $125,500)
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPORT • 1/2010 Columbia Basin, Oregon
Activ
e Li
stin
gs
New
List
ings
3
Expi
red.
Canc
eled
Lis
tings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
91
Clos
ed S
ales
Aver
age
Sale
Pric
e
Tota
l Mar
ket T
ime
4
New
List
ings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
9
Clos
ed S
ales
Aver
age
Sale
Pric
e
Med
ian
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
380
Arlington/N 4 0 - 2 100.0% - - - - 2 100.0% - - - -38.9% - - 1 20,000 - -
381
Condon/S 18 2 - 2 100.0% 1 20,000 126 2 2 100.0% 1 20,000 20,000 4.6% - - - - - -
Gilliam Co. Total 22 2 - 4 100.0% 1 - - 2 4 100.0% 1 20,000 20,000 -19.7% - - 1 20,000 - -
420
Boardman/NW 10 2 - 1 0.0% - - - 2 1 0.0% - - - -7.7% - - - - - - - -
421
Irrigon 21 5 3 2 100.0% 1 65,000 354 5 2 100.0% 1 65,000 65,000 -33.4% - - - - 1 60,000
422
Ione 6 1 - - -100.0% - - - 1 - -100.0% - - - - - - - - - - - -
423
Lexington 3 1 1 - - - - - 1 - - - - - - - - - - - - - -
424
Heppner/S 11 2 - 2 100.0% - - - 2 2 100.0% - - - 7.4% - - - - - - - -
Morrow Co. Total 51 11 4 5 25.0% 1 65,000 354 11 5 25.0% 1 65,000 65,000 -16.0% - - - - 1 60,000
430
Umatilla 24 11 1 2 -50.0% 3 108,000 78 11 2 -50.0% 3 108,000 117,500 -13.2% - - - - 2 135,000
431
Hermiston 117 27 11 8 -50.0% 15 153,900 102 27 8 -50.0% 15 153,900 144,000 1.9% - - - - - -
432
Stanfield 12 4 1 - - 1 25,000 186 4 0 - 1 25,000 25,000 -20.3% - - - - - -
433
Echo 4 0 - - -100.0% - - - - - -100.0% - - - -5.3% - - - - -- - -
435
Pendleton City Limits 91 21 11 5 -28.6% 9 165,100 164 21 5 -28.6% 9 165,100 129,000 -2.6% 1 200,000 1 333,000 - -
436
E-Meacham, Cayuse 3 1 - - - - - - 1 - - - - - 90.4% - - - - -- - -
437 NE-Athena, Helix, Adams, Weston,
Mlt-Freewtr 129 18 18 4 -20.0% 3 109,300 82 18 4 -20.0% 3 109,300 118,500 -0.8% - - - - - -
438
S-Pilot Rock, Ukiah 14 0 2 1 - 1 96,000 161 - 1 - 1 96,000 96,000 7.4% - - - - - -
Umatilla Co. Total 394 82 44 20 -39.4% 32 142,700 120 82 20 -39.4% 32 142,700 130,000 -2.5% 1 200,000 1 333,000 2 135,000
RESIDENTIALYear-To-Date
MULTIFAMILYYear-To-DateCurrent Month Year-To-Date Year-To-Date
LANDCOMMERCIAL
Avg.
Sal
e Pr
ice
% C
hang
e2
3© Copyright RMLS™ 2010. All Rights Reserved.
NEW LISTINGS COLUMBIA BASIN, OR
This graph shows
the new residential
listings over the past
three calendar years in
Columbia Basin, Oregon.
ACTIVE RESIDENTIAL
LISTINGSCOLUMBIA BASIN, OR
This graph shows the active
residential listings over the
past three calendar years in
Columbia Basin, Oregon.
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
0
100
200
300
400
500
600
Active Residential Listings
2008 2009 2010
0
20
40
60
80
100
120
New Listings
2008 2009 2010
© Copyright RMLS™ 2010. All Rights Reserved.4
This graph represents
monthly accepted offers
in Columbia Basin,
Oregon over the past
three calendar years
PENDING LISTINGS COLUMBIA BASIN, OR
This graph shows the
closed sales over the past
three calendar years in
Columbia Basin, Oregon.
CLOSED SALES COLUMBIA BASIN, OR
This graph shows the
average market time for
sales in Columbia Basin,
Oregon. *As of August
2008, graph now
reports “Total Days on
Market” - for details
read footnotes on page
3.
DAYS ON MARKET COLUMBIA BASIN, OR
01020304050607080
Pending Sales
2008 2009 2010
01020304050607080
Closed Sales
2008 2009 2010
0
50
100
150
200
250
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
MULTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County 3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph represents the average sale price for all
homes sold in Columbia Basin, Oregon.
AVERAGE SALE PRICE
COLUMBIA BASIN, OR
$80,000
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
Aug-
07Se
p-07
Oct
-07
Nov
-07
Dec
-07
Jan-
08Fe
b-08
Mar
-08
Apr-
08M
ay-0
8Ju
n-08
Jul-0
8Au
g-08
Sep-
08O
ct-0
8N
ov-0
8D
ec-0
8Ja
n-09
Feb-
09M
ar-0
9Ap
r-09
May
-09
Jun-
09Ju
l-09
Aug-
09Se
p-09
Oct
-09
Nov
-09
Dec
-09
Jan-
10
Average Sale Price
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Coos County, Oregon January 2010 Reporting Period
January Residential HighlightsSales activity in Coos County
increased dramatically when comparing January 2010 with January 2009. Closed sales jumped 76.2% and pending sales were up 31.3%. New listings also rose 41%.
At the month’s rate of sales, it would take approximately 17.2 months to sell the 635 active residential listings.
Sale PricesWhile the number of sales
increased compared to last year, however, the average and median sale price decreased significantly when comparing January 2010 with January 2009.
The average sale price dropped 36.8%. Further, the median sale price fell 26.5%.
See residential highlights table below.
NewListings
PendingSales
ClosedSales
AverageSale Price
MedianSale Price
TotalMarket
Time
January 117 42 37 134,200 125,000 163
Year-to-date 117 42 37 134,200 125,000 163
January 83 32 21 212,500 170,000 178
Year-to-date 83 32 21 212,500 170,000 178
January 41.0% 31.3% 76.2% -36.8% -26.5% -8.4%
Year-to-date 41.0% 31.3% 76.2% -36.8% -26.5% -8.4%
2010
2009
Cha
nge
Coos CountyResidentialHighlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -10.7% ($173,400 v. $194,100)Median Sale Price % Change: -9.7% ($153,500 v. $170,000)
ACTIVE RESIDENTIAL
LISTINGSCooS CouNTy, oR
This graph shows the active
residential listings over the
past three calendar years in
Coos County, Oregon.
*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.
For further explanation of this measure, see the second footnote on page 2.
400450500550600650700750800850900
Active Residential Listings
2008 2009 2010
Inventory in Months*2008 2009 2010
January 25.3 31.2 17.2February 18.2 29.1March 19.4 20.5April 20.3 19.5May 16.6 24.2June 20.5 18.8July 18.8 17.8August 17.9 15.6September 16.2 13.5October 16.9 10.4November 27.1 13.8December 24.9 11.5
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPoRT • 1/2010 Coos County, oregon
Activ
e List
ings
New
List
ings
3
Expi
red.
Canc
eled
List
ings
Pend
ing
Sales
2010
Pend
ing
Sales
2010
v. 20
091
Clos
ed S
ales
Aver
age S
ale P
rice
Tota
l Mar
ket T
ime 4
New
List
ings
Pend
ing
Sales
2010
Pend
ing
Sales
2010
v. 20
09
Clos
ed S
ales
Aver
age S
ale P
rice
Medi
an S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
9740
7
Allegeny - - - - - - - - - - - - - - - - - - - - - -
9741
1
Bandon 147 14 7 10 233.3% 8 150,000 237 14 10 233.3% 8 150,000 142,500 -21.1% - - - - - -
9741
4
Broadbent - - - - - - - - - - - - - - - - - - - - - -
9742
0
Coss Bay 204 43 26 19 18.8% 12 138,300 217 43 19 18.8% 12 138,300 102,500 -7.5% - - 2 60,500 - -
9742
3
Coquille 75 13 10 1 -50.0% 5 119,400 107 13 1 -50.0% 5 119,400 110,000 0.4% - - - - - -
9744
9
Lakeside 35 9 5 - - 1 175,000 178 9 - - 1 175,000 175,000 -25.5% - - - - - -
9745
8
Myrtle Point 54 5 8 1 -66.7% 4 67,400 38 5 1 -66.7% 4 67,400 69,800 -19.1% 1 25,000 - - - -
9745
9
North Bend 112 32 11 11 37.5% 6 155,400 75 32 11 37.5% 6 155,400 133,200 -10.6% - - 1 79,900 - -
9746
6
Powers 8 1 3 - - 1 130,000 213 1 - - 1 130,000 130,000 29.1% - - - - - -
Current MonthRESIDENTIAL
Year-To-Date Year-To-DateCOMMERCIAL LAND MULTIFAMILYYear-To-Date Year-To-Date
Avg.
Sale
Pric
e % C
hang
e2
NEW LISTINGS CooS CouNTy, oR
This graph shows the
new residential list-
ings over the past three
calendar years in Coos
County, Oregon.
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
020406080
100120140160180
New Listings
2008 2009 2010
3© Copyright RMLS™ 2010. All Rights Reserved.
This graph represents the average sale price for all homes sold in Coos County,
Oregon.
AVERAGE SALE PRICE
CooS CouNTy, oR
This graph represents
monthly accepted of-
fers over the past three
calendar years in Coos
County, Oregon.
PENDING LISTINGS CooS CouNTy, oR
01020304050607080
Pending Sales
2008 2009 2010
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
Dec
-99
Jun-
00
Dec
-00
Jun-
01
Dec
-01
Jun-
02
Dec
-02
Jun-
03
Dec
-03
Jun-
04
Dec
-04
Jun-
05
Dec
-05
Jun-
06
Dec
-06
Jun-
07
Dec
-07
Jun-
08
Dec
-08
Jun-
09
Dec
-09
Average Sale Price
MuLTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph shows the average market time for sales in
Coos County, Oregon. *As of August 2008, graph
now reports “Total Days on Market” - for details
read footnotes on page 2.
DAyS oN MARKET CooS CouNTy, oR
This graph shows the closed sales over the past three
calendar years in Coos County, Oregon.
CLoSED SALES CooS CouNTy, oR
01020304050607080
Closed Sales
2008 2009 2010
0
50
100
150
200
250
300
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Curry County, Oregon January 2010 Reporting Period
January Residential HighlightsMarket activity was mixed in
Curry County for January 2010 compared to the same month a year ago. Closed sales jumped 33.3%, but the number of pending sales was exactly the same and new listings fell 18%.
Compared with December 2009, closed sales fell 42.9% (12 v. 21), pending sales dropped 15.8% (16 v. 19) and new listings increased 20.6% (41 v. 34).
Sale PricesWhile the number of sales
increased, the average sale price for January 2010 decreased a significant 20.8% and the median sale price fell 34.3% when compared to January 2009.
In addition, compared with December 2009, the average sale price dropped 8% ($227,000 v. $246,600). Further, the median sale price decreased 3.5% ($207,000 v. $214, 500).
NewListings
PendingSales
ClosedSales
AverageSale Price
MedianSale Price
TotalMarket
Time
January 41 16 12 227,000 207,000 288
Year-to-date 41 16 12 227,000 207,000 288
January 50 16 9 286,600 315,000 201
Year-to-date 50 16 9 286,600 315,000 201
January -18.0% 0.0% 33.3% -20.8% -34.3% 43.4%
Year-to-date -18.0% 0.0% 33.3% -20.8% -34.3% 43.4%
2010
2009
Ch
ang
e
Curry County, OregonResidentialHighlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -10.2% ($264,100 v. $294,200)Median Sale Price % Change: -9.9% ($222,000 v. $246,500)
ACTIVE RESIDENTIAL
LISTINGSCURRY CoUNTY, oR
This graph shows the active
residential listings over the
past three calendar years in
Curry County, Oregon.
Inventory in Months*2008 2009 2010
January 21 52 38.1February 37 35.8March 36.5 25.2April 28.9 29.2May 26.6 45.1June 36.4 27July 30.1 21.3August 29.7 23.6September 38.9 18.4October 26.7 23.9November 43.7 16.9December 65.1 21.6
*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.
For further explanation of this measure, see the second footnote on page 2.
300
400
500
600
700
Active Residential Listings
2008 2009 2010
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPoRT • 1/2010 Curry County, oregon
Activ
e Li
stin
gs
New
List
ings
3
Expi
red.
Canc
eled
Lis
tings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
91
Clos
ed S
ales
Aver
age
Sale
Pric
e
Tota
l Mar
ket T
ime
4
New
List
ings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
9
Clos
ed S
ales
Aver
age
Sale
Pric
e
Med
ian
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
270
City, Airport, Marina Hts., NB Chetco 165 21 13 5 66.7% 6 294,500 389 21 5 66.7% 6 294,500 216,000 -8.9% 1 275,000 2 180,000 - -
271 Harbor, Winchuck,
SB Chetco 71 6 5 2 -66.7% 1 150,000 128 6 2 -66.7% 1 150,000 150,000 17.5% - - - - - -
272 Carpenterville,
Cape Ferrello, Whaleshead 35 2 5 1 -50.0% - - - 2 1 -50.0% - - N/A -25.9% - - 1 85,000 - -
273
Gold Beach 131 10 8 6 50.0% 4 185,800 246 10 6 50.0% 4 185,800 221,500 -26.7% 1 74,500 - - - -
274
Port Orford 55 2 7 2 100.0% 1 63,900 14 2 2 100.0% 1 63,900 63,900 -4.6% - - - - - -
Year-To-DateCOMMERCIAL LAND MULTIFAMILYRESIDENTIALYear-To-DateCurrent Month Year-To-Date
Avg.
Sal
e Pr
ice
% C
hang
e2
Year-To-Date
NEW LISTINGS CURRY CoUNTY, oR
This graph shows the
new residential list-
ings over the past three
calendar years in Curry
County, Oregon.
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
0102030405060708090
100
New Listings
2008 2009 2010
3© Copyright RMLS™ 2010. All Rights Reserved.
This graph represents the average sale price for all homes sold in Curry
County, Oregon.
AVERAGE SALE PRICE
CURRY CoUNTY, oR
This graph represents
monthly accepted offers
over the past three
calendar years in Curry
County, Oregon.
PENDING LISTINGS CURRY CoUNTY, oR
05
10152025303540
Pending Sales
2008 2009 2010
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
Dec
-05
Jun-
06
Dec
-06
Jun-
07
Dec
-07
Jun-
08
Dec
-08
Jun-
09
Dec
-09
Average Sale Price
MULTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph shows the closed sales over the past
three calendar years in Curry County, Oregon.
CLoSED SALES CURRY CoUNTY, oR
This graph shows the average market time for sales
in Curry County, Oregon. *As of August 2008,
graph now reports “Total Days on Market”
- for details read footnotes on page 2.
DAYS oN MARKET CURRY CoUNTY, oR
0
5
10
15
20
25
30
35
Closed Sales
2008 2009 2010
050
100150200250300350400
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Douglas County, Oregon January 2010 Reporting Period
January Residential HighlightsCompared to last January, market
activity in Douglas County was up. Closed sales increased 58.3%. In addition, pending sales grew 21.2%. Further, new listings rose 5.7%.
While pending sales increased 53.9% (80 v.52) when comparing January 2010 with December 2009, new listings rose 109.4% (222 v. 106) and closed sales dropped 21.9% (57 v. 73) driving the inventory to the highest it’s been since March 2009.
At the month’s rate of sales,
the 1,104 active residential listings would last approximately 19.4 months.
Sale PricesThe average sale price for January
2010 was up 1.9% compared to January 2009, but the median sale price dropped 5.9%. See residential highlights table below.
When comparing January 2010 to the previous month of December 2009, the average sale price fell 9.8% ($153,200 v. $169,900). In addition, the median sale price decreased 2% ($140,000 v. $142,900).
NewListings
PendingSales
ClosedSales
AverageSale Price
MedianSale Price
TotalMarket
Time
January 222 80 57 153,200 140,000 205
Year-to-date 222 80 57 153,200 140,000 205
January 210 66 36 150,300 148,800 161
Year-to-date 210 66 36 150,300 148,800 161
January 5.7% 21.2% 58.3% 1.9% -5.9% 26.9%
Year-to-date 5.7% 21.2% 58.3% 1.9% -5.9% 26.9%
2010
2009
Cha
nge
Douglas County, OregonResidentialHighlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
*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.
% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).
Inventory in Months*2008 2009 2010
January 20.4 30.3 19.4February 17 24.4March 19.6 20.9April 14.2 18.9May 16 16.7June 18.8 15.4July 19 15.8August 20.3 18.1September 15.7 15.3October 17.6 14.9November 18.3 15.1December 18.9 14.3
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -15.1% ($160,100 v. $188,500)Median Sale Price % Change: -7.4% ($148,000 v. $159,900)
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPORT • 1/2010 Douglas County, Oregon
Activ
e Li
stin
gs
New
List
ings
3
Expi
red.
Canc
eled
Lis
tings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
91
Clos
ed S
ales
Aver
age
Sale
Pric
e
Tota
l Mar
ket T
ime
4
New
List
ings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
9
Clos
ed S
ales
Aver
age
Sale
Pric
e
Med
ian
Sale
Pric
e
Avg.
Sal
e Pr
ice
% C
hang
e2
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
251
NE Roseburg 139 29 18 12 -7.7% 14 140,400 185 29 12 -7.7% 14 140,400 112,500 -19.0% - - - - - -
252
NW Roseburg 101 23 5 7 -12.5% 8 267,100 263 23 7 -12.5% 8 267,100 226,000 -4.4% - - 2 347,500 - -
253
SE Roseburg 64 11 3 3 50.0% 3 116,300 119 11 3 50.0% 3 116,300 102,000 -17.7% - - - - - -
254
SW Roseburg 93 21 13 8 60.0% 4 169,600 316 21 8 60.0% 4 169,600 171,000 -16.8% - - - - - -
255 Glide &
E of Roseburg 52 8 13 2 100.0% 2 281,000 149 8 2 100.0% 2 281,000 281,000 -14.4% - - 1 164,000 - -
256 Sutherlin/
Oakland Area 139 25 16 5 -16.7% 4 101,200 233 25 5 -16.7% 4 101,200 90,000 -20.8% - - 2 1,174,000 - -
257 Winston &
SW of Roseburg 110 22 14 13 44.4% 4 116,000 153 22 13 44.4% 4 116,000 122,800 -18.9% - - - - - -
258 Myrtle Creek &
S/SE of Roseburg 146 28 16 8 0.0% 8 136,400 145 28 8 0.0% 8 136,400 117,800 -10.7% - - 4 196,300 - -
259
Green District 107 17 4 10 100.0% 4 121,400 203 17 10 100.0% 4 121,400 133,300 -20.6% - - 1 45,000 - -
265 North Douglas
County 153 38 20 12 33.3% 6 99,200 259 38 12 33.3% 6 99,200 88,800 -11.8% - - - - - -
Grand Total 1,104 222 122 80 21.2% 57 153,200 205 222 80 21.2% 57 153,200 140,000 -15.1% - - 10 403,700 - -
Year-To-DateCOMMERCIAL MULTIFAMILYLAND
Year-To-DateCurrent Month Year-To-DateYear-To-DateRESIDENTIAL
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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™ 2010. All Rights Reserved.
NEW LISTINGS DOUGLAS COUNTY, OR
This graph shows
the new residential
listings over the past
three calendar years
in Douglas County,
Oregon.
ACTIVE RESIDENTIAL
LISTINGSDOUGLAS COUNTY, OR
This graph shows the active
residential listings over the
past three calendar years in
Douglas County, Oregon.
This graph represents
monthly accepted
offers over the past
three calendar years
in Douglas County,
Oregon.
PENDING LISTINGS DOUGLAS COUNTY, OR
800
900
1000
1100
1200
1300
1400
1500
Active Residential Listings
2008 2009 2010
100120140160180200220240260280
New Listings
2008 2009 2010
0
20
40
60
80
100
120
Pending Sales
2008 2009 2010
© Copyright RMLS™ 2010. All Rights Reserved.4
This graph shows the
closed sales over the
past three calendar years
in Douglas County,
Oregon.
CLOSED SALES DOUGLAS COUNTY, OR
This graph represents the average sale price for all homes sold in Douglas
County, Oregon.
AVERAGE SALE PRICE
DOUGLAS COUNTY, OR
0102030405060708090
Closed Sales
2008 2009 2010
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
Dec
-99
Jun-
00
Dec
-00
Jun-
01
Dec
-01
Jun-
02
Dec
-02
Jun-
03
Dec
-03
Jun-
04
Dec
-04
Jun-
05
Dec
-05
Jun-
06
Dec
-06
Jun-
07
Dec
-07
Jun-
08
Dec
-08
Jun-
09
Dec
-09
Average Sale Price
MULTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph shows the average market time for sales in Douglas County, Oregon.
*As of August 2008, graph now reports “Total Days on Market” - for
details read footnotes on page 2.
DAYS ON MARKET DOUGLAS COUNTY, OR
0
50
100
150
200
250
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Lane County, Oregon January 2010 Reporting Period
January Residential HighlightsMarket Activity in the Greater
Lane County continued to grow when comparing January 2010 with the same time in 2009. Closed sales rose 41.1% and pending sales were up 20.8%. New listings also increased 6.1%.
Pending sales were also up 28.2% (232 v. 181) when comparing January 2010 with December 2009. However, closed sales fell 45.3% (134 v. 245) and new listings grew 73.2% (523 v. 302) driving Inventory in months to double digits for the first time since April 2009.
At the curernt month’s rate of sales, the 1,885 active residential listings would last approximately 14.1 months.
Sale PricesThe average sale price for January
2010 increased 1.1% compared to January 2009. In addition, the median sale price rose 6.1%. See residential highlights table below.
Furthermore, comparing January 2010 with December 2009, median sale price 2.1% (199,000 v. 194,900). However, average sale price de-creased 1.9% (216,400 v. 220,600).
NewListings
PendingSales
ClosedSales
AverageSale Price
MedianSale Price
TotalMarket
Time
January 523 232 134 216,400 199,000 125
Year-to-date 523 232 134 216,400 199,000 125
January 493 192 95 214,000 187,500 123
Year-to-date 493 192 95 214,000 187,500 123
January 6.1% 20.8% 41.1% 1.1% 6.1% 1.9%
Year-to-date 6.1% 20.8% 41.1% 1.1% 6.1% 1.9%
2010
2009
Cha
nge
Greater Lane County, OregonResidentialHighlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
*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.
% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -8.1% ($225,600 v. $245,500)
Median Sale Price % Change: -8.3% ($200,000 v. $218,200)
Inventory in Months*2008 2009 2010
January 10.2 20.6 14.1February 9 13.1March 8.4 9.7April 9.5 10.5May 8.6 8.1June 8.1 6.8July 8.8 6.2August 8.1 7.8September 10.2 6.8October 9.2 6.2November 11.4 7.3December 10.7 7.1
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPORT • 1/2010 Lane County, Oregon
Activ
e Li
stin
gs
New
List
ings
3
Expi
red.
Canc
eled
Lis
tings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
91
Clos
ed S
ales
Aver
age
Sale
Pric
e
Tota
l Mar
ket T
ime
4
New
List
ings
Pend
ing
Sale
s 20
10
Pend
ing
Sale
s 20
10 v
. 200
9
Clos
ed S
ales
Aver
age
Sale
Pric
e
Med
ian
Sale
Pric
e
Avg.
Sal
e Pr
ice
% C
hang
e2
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
Clos
ed S
ales
Aver
age
Sale
Pric
e
225 Florence
Coast Village 21 1 2 - - 1 79,900 14 1 - - 1 79,900 79,900 16.1% - - - - - -
226 Florence
Green Trees 35 1 2 - -100.0% - - -- 1 - -100.0% - - - -7.7% - - - -- - -
227 Florence
Florentine 15 3 1 2 100.0% - - -- 3 2 100.0% - - - -10.7% - - - -- - -
228
Florence Town 131 16 14 8 14.3% 3 165,000 228 16 8 14.3% 3 165,000 150,000 -8.9% - - - - - -
229
Florence Beach 41 4 3 4 100.0% 2 132,500 706 4 4 100.0% 2 132,500 132,500 -20.1% - - - - 1 225,000
230
Florence North 55 11 6 5 - - - -- 11 5 - - - - -24.4% - - - -- - -
231 Florence South/
Dunes City 53 3 3 5 - 2 226,000 808 3 5 - 2 226,000 226,000 -34.7% - - 2 98,500 - -
238 Florence East/
Mapleton 33 5 2 2 0.0% 1 147,000 570 5 2 0.0% 1 147,000 147,000 -28.4% - - - - - -
Grand Total 384 44 33 26 100.0% 9 159,900 477 44 26 100.0% 9 159,900 147,000 -16.3% - - 2 98,500 1 225,000
232
Hayden Bridge 52 17 10 8 60.0% 3 214,200 215 17 8 60.0% 3 214,200 220,000 -11.4% - - 4 83,200 0 -
233
McKenzie Valley 80 11 11 3 200.0% 3 330,000 294 11 3 200.0% 3 330,000 200,000 -25.4% - - 1 104,000 0 -
234 Pleasant
Hill/Oak 104 15 8 6 100.0% 7 183,900 122 15 6 100.0% 7 183,900 160,000 -12.2% - - 1 90,000 0 -
235 South Lane
Properties 223 56 33 15 -37.5% 10 163,600 192 56 15 -37.5% 10 163,600 149,800 -6.3% - - - - 0 -
236 West Lane
Properties 111 23 12 18 63.6% 3 249,000 21 23 18 63.6% 3 249,000 200,000 -9.7% - - - - 0 -
237
Junction City 121 20 24 5 -61.5% 4 298,000 302 20 5 -61.5% 4 298,000 293,500 -3.3% - - - - 0 -
239
Thurston 143 38 14 17 88.9% 13 188,000 123 38 17 88.9% 13 188,000 167,500 -6.8% - - - - 1 225,000
240
Coburg I-5 31 10 11 2 0.0% 3 423,300 134 10 2 0.0% 3 423,300 430,000 6.7% - - - - 0 -
241
N Gilham 72 21 6 6 100.0% 5 333,200 208 21 6 100.0% 5 333,200 257,000 1.4% - - - - 0 -
242 Ferry Street
Bridge 120 37 11 26 52.9% 8 328,000 215 37 26 52.9% 8 328,000 317,500 -3.4% - - - - 4 266,200
243
E Eugene 118 47 18 14 0.0% 10 292,000 137 47 14 0.0% 10 292,000 244,800 -7.4% 1 345,000 - - 0 -
244
SW Eugene 181 53 18 29 61.1% 12 251,100 81 53 29 61.1% 12 251,100 236,500 -6.1% - - 2 76,300 0 -
245
W Eugene 43 13 7 8 33.3% 3 193,300 102 13 8 33.3% 3 193,300 175,000 -12.2% 1 100,000 1 29,000 0 -
246
Danebo 148 52 25 22 0.0% 18 131,200 52 52 22 0.0% 18 131,200 135,500 -5.5% - - - - 1 209,900
247
River Road 51 21 7 6 -25.0% 7 185,900 112 21 6 -25.0% 7 185,900 182,000 -8.2% - - - - 1 255,600
248
Santa Clara 108 31 9 23 43.8% 15 206,200 69 31 23 43.8% 15 206,200 199,000 -11.6% - - - - 1 280,000
249
Springfield 151 50 16 23 35.3% 10 123,400 108 50 23 35.3% 10 123,400 122,900 -16.3% 1 28,000 - - 0 -
250
Mohawk Valley 28 8 5 1 -66.7% - - -- 8 1 -66.7% - - - -28.9% - - - -- - -
Grand Total 1,885 523 245 232 20.8% 134 216,400 125 523 232 20.8% 134 216,400 199,000 -8.1% 3 157,700 9 78,700 8 254,400
Year-To-Date Year-To-Date
COMMERCIAL LAND MULTIFAMILY
Current Month
RESIDENTIAL
Year-To-Date Year-To-Date
3© Copyright RMLS™ 2010. All Rights Reserved.
NEW LISTINGS LANE COUNTY, OR
This graph shows the
new residential listings
over the past three
calendar years in Lane
County, Oregon.
ACTIVE RESIDENTIAL
LISTINGSLANE COUNTY, OR
This graph shows
the active residential
listings over the past
three calendar years in
Lane County, Oregon.
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
1000120014001600180020002200240026002800
Active Residential Listings
2008 2009 2010
0100200300400500600700800
New Listings
2008 2009 2010
© Copyright RMLS™ 2010. All Rights Reserved.4
This graph represents
monthly accepted offers
in Lane County, Oregon
over the past three
calendar years.
PENDING LISTINGS LANE COUNTY, OR
This graph shows the
closed sales over the past
three calendar years in
Lane County, Oregon.
CLOSED SALES LANE COUNTY, OR
This graph shows the
average market time for
sales in Lane County,
Oregon. *As of August
2008, graph now reports
“Total Days on Market”
- for details read
footnotes on page 3.
DAYS ON MARKET LANE COUNTY, OR
050
100150200250300350400
Pending Sales
2008 2009 2010
0
50
100
150
200
250
300
350
Closed Sales
2008 2009 2010
020406080
100120140160
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
MULTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph represents the average sale price for all
homes sold in Greater Lane County, Oregon.
AVERAGE SALE PRICE
LANE COUNTY, OR
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
$280,000
$300,000
Dec
-99
Jun-
00
Dec
-00
Jun-
01
Dec
-01
Jun-
02
Dec
-02
Jun-
03
Dec
-03
Jun-
04
Dec
-04
Jun-
05
Dec
-05
Jun-
06
Dec
-06
Jun-
07
Dec
-07
Jun-
08
Dec
-08
Jun-
09
Dec
-09
Average Sale Price
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Mid-Columbia January 2010 Reporting Period
January Residential HighlightsClosed and pending sales
increased dramatically when comparing January 2010 with the same month in 2009. Pending sales increased 38.5%, while closed sales jumped 73.7%. On the other hand, new listings fell 12%.
Pending sales also increased 16.1% (36 v. 31) when comparing January 2010 with December 2009. However, closed sales fell 13.2% (33 v. 38) and new listings increased 58.7% (73 v. 46) driving inventory to the highest it’s been since April 2009.
At the month’s rate of sales, the 627 active residential listings would last approximately 19 months.
Sale PricesThe average sale price for January
2010 was up 5.7% compared to January 2009, and the median sale price increased 18.9%. See residential highlights table below.
Compared with December 2009, average sale price increased 24.7% ($263,900 v. $211,600) and the median sale price was exactly the same ($220,000).
New Listings
Pending Sales
ClosedSales
AverageSale Price
MedianSale Price
Total Market
Time
January 73 36 33 263,900 220,000 171
Year-to-date 73 36 33 263,900 211,000 171
January 83 26 19 249,600 185,000 168
Year-to-date 83 26 19 249,600 185,000 168
January -12.0% 38.5% 73.7% 5.7% 18.9% 1.8%
Year-to-date -12.0% 38.5% 73.7% 5.7% 14.1% 1.8%
2010
2009
Chan
ge
Mid-Columbia Residential Highlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
*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.
% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -12.0% ($232,600 v. $264,300)Median Sale Price % Change: -10.9% ($200,500 v. $225,000)
Inventory in Months*2008 2009 2010
January 17.3 33.5 19February 17.6 31March 16.3 27.3April 16.8 20.5May 13.3 13.5June 18.8 15.8July 14.8 13.2August 16.2 17.1September 13.6 14.3October 12.6 9.6November 20.9 12.9December 16.4 15.2
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPORT • 1/2010 Mid-Columbia
Activ
e List
ings
New
Listin
gs3
Expir
ed.C
ance
led Li
sting
s
Pend
ing S
ales 2
010
Pend
ing S
ales 2
010 v
. 200
91
Clos
ed S
ales
Aver
age S
ale P
rice
Total
Mar
ket T
ime 4
New
Listin
gs
Pend
ing S
ales 2
010
Pend
ing S
ales 2
010 v
. 200
9
Clos
ed S
ales
Aver
age S
ale P
rice
Media
n Sale
Pric
e
Avg.
Sale
Price
% C
hang
e2
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
100
White Salmon/ Bingen 62 9 3 4 300.0% 1 40,000 0 9 4 300.0% 1 40,000 258,500 -9.8% 0 0 0 0 0 0
101
Snowden 8 1 0 0 - - - - 1 - - - - 310,000 9.1% - - - -- - -
102
Trout Lake/ Glenwood 19 0 0 0 - - - - 0 - - - - 409,800 32.1% - - - -- - -
103
Husum/ BZ Corner 15 - 0 0 -100.0% 0 0 0 0 0 -100.0% 0 0 230,000 -59.5% 0 0 1 80,000 0 0
104
Lyle 16 3 1 0 - - - - 3 - - - - 190,000 -18.5% - - - -- - -
105
Dallesport/ Murdock 13 1 0 0 - 0 0 0 1 - - 0 0 152,500 -23.3% 0 0 1 80,400 0 0
106
Appleton/ Timber Valley 8 2 0 0 - 0 0 0 2 0 - 0 0 149,500 - 0 0 1 39,000 0 0
107
Centerville/ High Prarie 3 0 1 0 - - - - 0 - - - - 68,000 -59.4% - - - -- - -
108
Goldendale 37 6 3 1 0.0% 1 170,000 48 6 1 0.0% 1 170,000 132,000 -5.4% 0 0 1 42,500 1 305,000
109
Bickleton/ East County 2 0 0 0 - 0 0 0 0 0 - 0 0 60,000 - 0 0 1 19,000 0 0
110
Klickitat 11 - 1 0 - - - - 0 - - - - 70,000 -64.5% - - - -- - -
Klickitat Co. Total 194 22 9 5 66.7% 2 105,000 24 22 5 66.7% 2 105,000 105,000 -14.1% 0 - 5 52,200 1 305,000
111
Skamania 5 0 0 0 - - - - 0 - - - - 167,500 -60.8% - - - -- - -
112
North Bonnevile 14 2 1 0 -100.0% - - - 2 - -100.0% - - 168,000 -24.3% - - - -- - -
113
Stevenson 28 2 2 0 -100.0% 4 212,500 49 2 0 -100.0% 4 212,500 207,500 -5.4% 0 0 0 0 0 0
114
Carson 14 1 0 1 0.0% 3 137,300 235 1 1 0.0% 3 137,300 130,000 -17.1% 0 0 0 0 0 0
115
Home Valley 2 - 0 0 - - - - 0 - - - - - - - - - -- - -
116
Cook, Underwood, Mill A, Willard 11 1 2 0 - - - - 1 - - - - 265,000 -27.8% - - - -- - -
117
Unincorporated North 25 2 1 1 - - - - 2 1 - - - 90,000 3.3% - - - -- - -
Skamania Co. Total 99 8 6 2 -33.3% 7 180,300 129 8 2 -33.3% 7 180,300 185,000 -21.9% 0 - 0 - 0 -
351
The Dalles 135 15 9 13 85.7% 6 179,800 99 15 13 85.7% 6 179,800 180,000 -4.5% 0 0 0 0 1 149,900
352
Dufur 4 1 1 0 -100.0% - - - 1 - -100.0% - - 153,000 15.4% - - - -- - -
353
Tygh Valley 4 0 0 1 - - - - 0 1 - - - 160,000 -8.6% - - - -- - -
354
Wamic/ Pine Hollow 13 0 0 0 -100.0% - - - 0 - -100.0% - - 139,000 -39.5% - - - -- - -
355
Maupin/ Pine Grove 6 1 1 1 - 1 135,000 70 1 1 - 1 135,000 135,000 -39.2% 0 0 1 57,000 0 0
356
Rowena 5 1 0 0 - - - - 1 - - - - - -100.0% - - - -- - -
357
Mosier 14 3 2 0 -100.0% - - - 3 - -100.0% - - 311,900 -0.1% - - - -- - -
Wasco Co. Total 181 21 13 15 50.0% 7 173,400 95 21 15 50.0% 7 173,400 180,000 -6.9% 0 - 1 57,000 1 149,900
361
Cascade Locks 14 5 1 1 -50.0% - - - 5 1 -50.0% - - 155,000 -10.3% - - - -- - -
362
Hood River City 72 7 5 7 75.0% 9 316,600 190 7 7 75.0% 9 316,600 280,500 -11.2% 2 484,100 0 0 0 0
363
Hood River-W 24 7 5 3 50.0% 6 398,100 281 7 3 50.0% 6 398,100 339,500 -4.3% 0 0 0 0 0 0
364
Hood River-E 6 - 0 0 - 1 610,000 563 0 - - 1 610,000 417,500 -22.8% 0 0 0 0 0 0
366
Odell 9 - 1 2 - 1 175,000 71 0 2 - 1 175,000 242,500 -13.1% 0 0 0 0 0 0
367
Parkdale/ Mt. Hood 23 3 0 1 -50.0% - - - 3 1 -50.0% - - 310,000 -11.7% - - - -- - -
Hood River Co. Total 148 22 12 14 40.0% 17 354,300 237 22 14 40.0% 17 354,300 289,000 -10.6% 2 484,100 0 - 0 -
370
Sherman Co. 5 0 1 0 - - - - 0 - - - - 85,500 -8.6% - - - -- - -
RESIDENTIALCurrent Month Year-To-Date Year-To-Date Year-To-Date
COMMERCIAL LAND MULTIFAMILYYear-To-Date
3© Copyright RMLS™ 2010. All Rights Reserved.
NEW LISTINGS MId-COLUMBIA
This graph shows the
new residential list-
ings over the past
three calendar years in
Mid-Columbia.
ACTIVE RESIdENTIAL
LISTINGSMId-COLUMBIA
This graph shows
the active residential
listings over the past
three calendar years
in Mid-Columbia.
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
300
400
500
600
700
800
900
1000
Active Residential Listings
2008 2009 2010
0
50
100
150
200
250
New Listings
2008 2009 2010
© Copyright RMLS™ 2010. All Rights Reserved.4
This graph represents
monthly accepted offers
in Mid-Columbia over
the past three calendar
years.
PENdING LISTINGS MId-COLUMBIA
This graph shows the
closed sales over the past
three calendar years in
Mid-Columbia.
CLOSEd SALES MId-COLUMBIA
This graph shows the
average market time for
sales in Mid-Columbia.
*As of August 2008,
graph now reports
“Total Days on Market”
- for details read
footnotes on page 3.
dAYS ON MARKET MId-COLUMBIA
0102030405060708090
Pending Sales
2008 2009 2010
01020304050607080
Closed Sales
2008 2009 2010
0
50
100
150
200
250
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
MULTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph represents the average sale price for all
homes sold in Mid-Columbia.
AVERAGE SALE PRICE
MId-COLUMBIA
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
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
Average Sale Price
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Metro Portland, Oregon January 2010 Reporting Period
January Residential HighlightsWhile not quite as dramatic as
last month, sales activity in the Portland metro area continued to show improvement in January 2010 compared to the same month a year ago.
Closed sales were up 34.7% compared to January 2009 and pending sales rose 24.3%. However, new listings fell 6.2%.
Pe nd i ng s a le s we r e a l s o up 34.5% (1,535 v. 1,141) when compared to December 2009. On the other hand, closed sales fell 34.5% (986 v. 1,506) and new listings grew 87.1% (3,937 v. 2,104) driving inventory to double digits for the first time since May of 2009.
At the month’s rate of sales, it would take approximately 12.6 months to sell the 12,449 active residential listings.
Sale PricesThe average sale pr ice for
Ja nua r y 2010 was dow n 5% compared to January 2009, while the median sale price declined 4%.
Compared to December 2009, the average price decreased 3.7% ($282,400 v. $293,300) and the median fel l 0.9% ($240,000 v. $242,200).
CountiesThe greater Portland Metro area
reports in this newsletter include the five counties below. Each year we review the difference between the average sale price in each county.
Average Change Sale Price 08 v. 09Clackamas $336,100 -10.6%Columbia $193,300 -16.2%Multnomah $285,300 -14.0%Washington $281,300 -11.1%Yamhill $227,300 -14.8%
New Listings
Pending Sales
ClosedSales
AverageSale Price
MedianSale Price
Total Market
Time
January 3,937 1,535 986 282,400 240,000 145
Year-to-date 3,930 1,535 984 282,400 240,000 145
January 4,196 1,235 732 297,200 250,000 152
Year-to-date 4,196 1,235 732 297,200 250,000 152
January -6.2% 24.3% 34.7% -5.0% -4.0% -4.7%
Year-to-date -6.3% 24.3% 34.4% -5.0% -4.0% -4.7%
2010
2009
Chan
ge
Portland Metro Residential Highlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
Inventory in Months*2008 2009 2010
January 12.8 19.2 12.6February 10.4 16.6March 9.1 12April 10.3 11May 9.2 10.2June 9.5 8.2July 10 7.3August 9.9 7.8September 10.4 7.6October 11.1 6.5November 15 7.1December 14.1 7.7
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -11.7% ($289,200 v. $327,700)Median Sale Price % Change: -10.5% ($246,000 v. $275,000)
*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.
For further explanation of this measure, see the second footnote on page 2.
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPORT • 1/2010 Metro Portland & Adjacent Regions, Oregon
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
AREA REPORT ● 1/2010 ● Portland Metro AreaAc
tive L
istin
gs
New
List
ings
3
Expi
red/
Canc
eled
List
ings
Pend
ing
Sales
2010
Pend
ing
Sales
2010
v. 20
091
Clos
ed S
ales
Aver
age S
ale P
rice
Tota
l Mar
ket T
ime 4
New
List
ings
Pend
ing
Sales
2010
Pend
ing
Sales
2010
v. 20
09
Clos
ed S
ales
Aver
age S
ale P
rice
Medi
an S
ale P
rice
Avg.
Sale
Pric
e % C
hang
e2
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
141
N Portland 419 149 91 68 23.6% 32 241,300 56 149 68 23.6% 32 241,300 212,500 -10.9% - - 4 66,300 2 272,600
142
NE Portland 893 363 168 161 18.4% 97 276,200 144 363 161 18.4% 97 276,200 242,500 -10.0% 1 600,000 4 99,100 4 244,200
143
SE Porltand 1,297 442 212 197 3.1% 146 228,500 140 441 197 3.1% 146 228,500 192,500 -11.8% 1 140,000 1 89,200 8 410,200
144 Gresham/
Troutdale 898 299 140 107 46.6% 72 211,800 120 298 107 46.6% 72 211,800 199,000 -14.0% 1 255,200 3 108,000 - -
145 Milwaukie/
Clackamas 919 337 155 109 16.0% 60 259,900 130 337 109 16.0% 59 263,200 249,000 -9.3% 1 95,000 1 65,000 - -
146 Oregon City/
Canby 725 206 103 84 25.4% 68 237,500 132 206 84 25.4% 68 237,500 215,800 -12.3% 1 20,000 6 161,300 - -
147 Lake Oswego/
West Linn 920 275 160 75 53.1% 50 414,900 215 274 75 53.1% 50 414,900 355,000 -9.5% 1 500,000 1 190,000 - -
148
W Portland 1,527 450 271 149 43.3% 110 426,400 147 447 149 43.3% 109 427,400 310,000 -11.9% - - - - 3 844,300
149
NW Wash Co. 481 152 96 64 30.6% 45 377,500 175 152 64 30.6% 45 377,500 370,000 -9.3% - - 1 309,000 - -
150 Beaverton/
Aloha 1,009 389 188 155 19.2% 86 242,600 129 387 155 19.2% 86 242,600 225,900 -11.9% - - 2 103,800 2 117,500
151 Tigard/
Wilsonville 1,017 320 194 133 47.8% 89 314,000 184 321 133 47.8% 89 314,000 287,000 -9.6% - - 1 262,400 2 225,000
152 Hillsboro/
Forest Grove 865 233 125 108 3.8% 60 262,600 114 233 108 3.8% 60 262,600 220,000 -11.4% - - 3 125,000 2 192,000
153
Mt. Hood 135 18 13 8 60.0% 6 290,300 222 18 8 60.0% 6 290,300 230,400 -1.8% - - 1 117,000 - -
155
Columbia Co. 437 104 57 43 16.2% 25 171,800 119 104 43 16.2% 25 171,800 184,000 -15.8% - - 1 220,000 1 155,000
156
Yamhill Co. 907 200 105 74 45.1% 40 208,200 192 200 74 45.1% 40 208,200 202,400 -15.4% 1 285,000 2 78,500 - - Grand Total 12,449 3,937 2,078 1,535 -20.5% 986 282,400 145 3,930 1,535 -93.4% 984 282,600 240,000 -11.7% 7 31 127,300 24 356,700
168-
178
Marion/Polk Counties 1,001 178 145 65 35.4% 42 194,000 142 177 65 35.4% 42 194,000 174,000 -16.5% - - 3 165,000 2 122,500
180-
195
North Coastal Counties 1,258 218 142 71 108.8% 34 240,300 110 218 71 108.8% 34 240,300 209,000 -17.0% - - 4 117,500 - -
Year-To-Date
COMMERCIAL LAND MULTIFAMILYRESIDENTIAL
Year-To-Date Year-To-DateCurrent Month Year-To-Date
3© Copyright RMLS™ 2010. All Rights Reserved.
NEW LISTINGS PORTLAND, OR
This graph shows the
new residential listings
over the past three
calendar years in the
greater Portland, Oregon
metropolitan area.
TOTAL ACTIVE LISTINGS
PORTLAND, OR
This graph shows the
total active listings over
the past three calendar
years in the greater
Portland, Oregon
metropolitan area.
ACTIVE RESIDENTIAL
LISTINGSPORTLAND, OR
This graph shows the active
residential listings over the
past three calendar years
in the greater Portland,
Oregon metropolitan area.400060008000
100001200014000160001800020000
Active Residential Listings
2008 2009 2010
50007500
10000125001500017500200002250025000
Total Active Listings
Total Active Listings 2008 Total Active Listings 2009 Total Active Listings 2010
0
1,000
2,000
3,000
4,000
5,000
6,000
New Listings
2008 2009 2010
© Copyright RMLS™ 2010. All Rights Reserved.4
This graph represents
monthly accepted offers
in the Portland, Oregon
metropolitan area over
the past three calendar
years.
PENDING LISTINGS PORTLAND, OR
This graph shows the
closed sales over the past
three calendar years in
the greater Portland,
Oregon metropolitan
area.
CLOSED SALES PORTLAND, OR
This graph shows the
average market time for
sales in the Portland,
Oregon metropolitan area.
*As of August 2008, graph
now reports “Total Days
on Market” - for details
read footnotes on page 2.
DAYS ON MARKETPORTLAND, OR
0
500
1,000
1,500
2,000
2,500
Pending Sales
2008 2009 2010
0
500
1,000
1,500
2,000
2,500
Closed Sales
2008 2009 2010
020406080
100120140160180
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
© Copyright RMLS™ 2010. All Rights Reserved.5
This graph represents the average sale price for all homes sold in the Portland,
Oregon metropolitan area.
AVERAGE SALE PRICE
PORTLAND, OR
100000
120000
140000
160000
180000
200000
220000
240000
260000
280000
FEB MAR APR MAY JUNE JULY AUG SEPT OCT NOV DEC JAN
Median Sale Price: Portland, OR & Clark Co., WA
Clark County Metro Portland, OR
This graph shows the
median sale price over
the past 12 months in the
greater Portland, Oregon
metropolitan area and
Clark County.
MEDIAN SALE PRICE
PORTLAND, OR
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Jan-
00
Jul-0
0
Jan-
01
Jul-0
1
Jan-
02
Jul-0
2
Jan-
03
Jul-0
3
Jan-
04
Jul-0
4
Jan-
05
Jul-0
5
Jan-
06
Jul-0
6
Jan-
07
Jul-0
7
Jan-
08
Jul-0
8
Jan-
09
Jul-0
9
Jan-
10
Average Sale Price
$202,400
Yamhill County
$212,500 N Portland
$242,500 NEPortland
$192,500 SEPortland
$199,000 GreshamTroutdale
SandyCorbettFairview $230,400
Mt. Hood:Zigzag
WelchesRhododendron
WemmeBrightwood
Government Camp
$249,000 Milwaukie/Gladstone/Boring/ClackamasEstacada
$215,800
Oregon City
Canby
Molalla
Beavercreek
$355,000
Lake Oswego
West Linn
$310,000 West Portland
$370,000
North Washington County
Sauvie Island
$225,900
Beaverton
Aloha
$287,000
Tigard/Tualatin
Sherwood
Wilsonville
$220,000
Hillsboro
Forest Grove
$184,000
Columbia County
$186,500 Heights
$131,500 Cent. Vancouver
$200,000Cascade Park
$173,5005 Corners
Orch.
$219,900HazelDell
Minnehaha
$209,300Felida
$268,000Salmon Creek
$282,000Camas/Washougal
$290,000
Brush Prairie
Hockinson
$270,300
Ridgefield/La Center
$200,000
Battle Ground
$119,000
N/NE Clark County$230,000
Woodland
MEDIAN SALE PRICE January 2010
PORTLAND
METRO
6© Copyright RMLS™ 2010. All Rights Reserved.
SW
WAShINGTON
MULTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph represents the median sale price for all
condos sold in the last three calendar years in the
Portland, Oregon metropolitan area.
MEDIAN SALE PRICE CONDOS
PORTLAND, OR
This graph shows the affordability for Portland,
Oregon metropolitan area in December 2009.AFFORDABILITY
RESIDENTIAL
AFFORDABILITY - According to a formula from the National Association of Realtors®, buying a house in the Portland metro area is affordable for a family earning the median income. A family earning the median income ($70,000 in 2009, per HUD) can afford 141% of a monthly mortgage payment on a median priced home ($242,200 in December). The formula assumes that the buyer has a 20% down payment and a 30 year fixed rate of 4.83% (per Freddie Mac).
120140160180
Affordability Index
020406080
100120140160180
Affordability Index
020406080
100120140160180
Sep-
03D
ec-0
3M
ar-0
4Ju
n-04
Sep-
04D
ec-0
4M
ar-0
5Ju
n-05
Sep-
05D
ec-0
5M
ar-0
6Ju
n-06
Sep-
06D
ec-0
6M
ar-0
7Ju
n-07
Sep-
07D
ec-0
7M
ar-0
8Ju
n-08
Sep-
08D
ec-0
8M
ar-0
9Ju
n-09
Sep-
09D
ec-0
9
Affordability Index
$150,000
$175,000
$200,000
$225,000
$250,000
Median Condo Sale Price
2008 2009 2010
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Southwest Washington January 2010 Reporting Period
January Residential HighlightsSales activity continued to grow
in Clark County when comparing January 2010 to the same time last year, though not quite as dramatically as last month.
Compared to January 2009, closed sales increased 34.8% and pending sales were up 20.2%. However, new listings fell 3.1%.
Pending sales were also up 18.5% (422 v. 356) when comparing January 2010 and December 2009. However, closed sales fell 38.4% (275 v. 422). and new listings grew 80.1% (942 v. 523) driving inventory to double digits for the first time since May 2009.
At the month’s rate of sales the 3,407 active residential listings in RMLSweb at the end of January 2010 would last approximately 12.4 months.
Sale PricesContrary to the trend over the
last few months in 2009, the average sale price for January 2010 actually increased 4.2% compared to January 2009. In addition, the median sale price rose 5.5%. See residential highlights table below.
Furthermore, comparing January 2010 with December 2009, the average sale price increased a slight 0.3% ($245,100 v. 244,400) and median sale price was up 3.9% ($219,900 v. $211,600).
CountiesThis is a summary of the 2009
performance of the three counties in the Southwest Washington area.
Average Change Sale Price 08 v. 09Clark $237,600 -14.6%Cowlitz $196,700 -8.1%Pacific $176,900 -5.8%
NewListings
PendingSales
ClosedSales
AverageSale Price
MedianSale Price
TotalMarket
Time
January 942 422 275 245,100 219,900 156
Year-to-date 942 422 275 245,100 219,900 156
January 972 351 204 235,300 208,400 158
Year-to-date 972 351 204 235,300 208,400 158
January -3.1% 20.2% 34.8% 4.2% 5.5% -1.4%
Year-to-date -3.1% 20.2% 34.8% 4.2% 5.5% -1.4%
2010
2009
Cha
nge
Clark County ResidentialHighlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
Inventory in Months*2008 2009 2010
January 17 21 12.4February 14.6 18.6March 11.9 11.7April 12.4 11.9May 12.6 11.1June 12.6 7.9July 12.7 7.3August 12.7 8September 12.7 7.6October 13.7 6.4November 16.9 7.3December 14.8 7.6
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -13.2% ($238,300 v. $274,400)Median Sale Price % Change: -11.7% ($212,000 v. $240,000)
*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.
For further explanation of this measure, see the second footnote on page 3.
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPORT • 1/2010 SW Washington
Activ
e List
ings
New
List
ings
3
Expi
red.
Canc
eled
List
ings
Pend
ing
Sales
2010
Pend
ing
Sales
2010
v. 20
091
Clos
ed S
ales
Aver
age S
ale P
rice
Tota
l Mar
ket T
ime 4
New
List
ings
Pend
ing
Sales
2010
Pend
ing
Sales
2010
v. 20
09
Clos
ed S
ales
Aver
age S
ale P
rice
Medi
an S
ale P
rice
Tota
l Mar
ket T
ime
Avg.
Sale
Pric
e % C
hang
e2
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
11 Downtown Vancouver 81 21 9 10 0.0% 11 150,000 141 21 10 0.0% 11 150,000 140,000 141 -21.4% - - - - - -
12 NW Heights 93 35 12 13 8.3% 8 101,600 74 35 13 8.3% 8 101,600 99,000 74 -20.9% - - 1 45,000 1 180,000
13 SW Heights 88 19 15 5 -37.5% - - - 19 5 -37.5% - - - - 18.0% - - - - - - -
14 Lincoln/Hazel Dell 31 10 3 5 -37.5% 3 244,600 83 10 5 -37.5% 3 244,600 239,000 83 -15.8% - - - - - -
15 E Hazel Dell 206 39 8 26 0.0% 10 164,100 130 39 26 0.0% 10 164,100 179,900 130 -12.9% - - - - - -
20 NE Heights 83 33 14 14 133.3% 4 209,600 117 33 14 133.3% 4 209,600 219,800 117 -18.7% - - - - - -
21 Orchards 187 71 28 29 3.6% 19 180,000 193 71 29 3.6% 19 180,000 175,000 193 -12.1% - - - - - -
22 Evergreen 268 94 36 42 121.1% 24 188,100 138 94 42 121.1% 24 188,100 178,300 138 -12.5% - - 3 56,000 1 220,000
23 E Heights 74 20 16 7 0.0% 7 241,400 64 20 7 0.0% 7 241,400 186,500 64 -20.6% - - - - - -
24 Cascade Park 103 41 19 11 -15.4% 8 238,700 151 41 11 -15.4% 8 238,700 209,700 151 -13.0% - - - - - -
25 Five Corners 102 31 4 17 13.3% 5 158,300 123 31 17 13.3% 5 158,300 159,000 123 -13.8% - - - - - -
26 E Orchards 82 26 9 10 -23.1% 11 212,500 87 26 10 -23.1% 11 212,500 200,000 87 -10.8% - - - - - -
27 Fisher's Landing 107 39 8 13 -18.8% 9 244,300 197 39 13 -18.8% 9 244,300 252,000 197 -8.9% - - - - - -
31 SE County 39 6 2 2 -33.3% 1 1,100,000 371 6 2 -33.3% 1 1,100,000 1,100,000 371 -28.9% - - - - - -
32 Camas City 231 82 29 38 22.6% 28 328,700 119 82 38 22.6% 28 328,700 306,800 119 -14.5% - - 6 92,800 2 190,000
33 Washougal 243 70 42 19 -9.5% 22 276,100 184 70 19 -9.5% 22 276,100 227,500 184 -16.3% - - 1 47,000 - -
41 N Hazel Dell 108 37 17 16 45.5% 4 208,300 41 37 16 45.5% 4 208,300 209,300 41 -15.9% - - 2 73,500 - -
42 S Salmon Creek 122 32 13 15 -6.3% 8 249,000 52 32 15 -6.3% 8 249,000 227,500 52 -13.7% - - - - - -
43 N Felida 131 27 11 21 133.3% 11 274,300 283 27 21 133.3% 11 274,300 271,000 283 -10.3% - - 2 76,300 - -
44 N Salmon Creek 140 30 13 19 11.8% 11 243,300 279 30 19 11.8% 11 243,300 258,000 279 -22.2% - - 1 92,000 - -
50 Ridgefield 87 20 10 13 85.7% 20 318,400 169 20 13 85.7% 20 318,400 270,000 169 -20.6% - - - - - -
51 W of I-5 County 31 5 2 8 166.7% 1 385,500 123 5 8 166.7% 1 385,500 385,500 123 -13.8% - - - - - -
52 NW E of I-5 County 42 8 4 3 0.0% 6 472,300 239 8 3 0.0% 6 472,300 358,100 239 -15.5% - - - - - -
61 Battleground 226 58 29 28 33.3% 21 224,000 107 58 28 33.3% 21 224,000 200,000 107 -9.9% - - - - - -
62 Brush Prarie 204 37 25 22 46.7% 12 280,600 150 37 22 46.7% 12 280,600 270,000 150 -12.0% - - - - - -
63 East County 4 1 - - - - - - 1 - - - - - - -18.1% - - - - - - -
64 Central County 25 7 4 1 - 2 296,300 242 7 1 -50.0% 2 296,300 296,300 242 -15.5% - - - - - -
65 Mid-Central County 40 11 3 3 - 1 235,000 560 11 3 50.0% 1 235,000 235,000 560 -22.6% - - - - - -
66 Yacolt 47 12 14 3 0.0% 4 173,500 456 12 3 0.0% 4 173,500 184,500 456 -16.7% - - - - - -
70 La Center 57 11 5 7 75.0% 3 226,000 108 11 7 75.0% 3 226,000 230,000 108 -17.4% - - - - - -
71 N Central 112 9 2 1 - - - - 9 1 -50.0% - - - - -2.0% - - - - - - -
72 NE Corner 13 - 1 1 - 1 119,000 43 - 1 - 1 119,000 119,000 43 -32.9% - - - - - -
Grand Total 3,407 942 407 422 20.2% 275 245,100 156 942 422 20.2% 275 245,100 219,900 156 -13.2% - - 16 75,500 4 195,000
80 Woodland City 55 11 6 5 150.0% 4 227,000 245 11 5 150.0% 4 227,000 225,000 245 -14.7% - - - - - -
81 Woodland Area 58 12 10 6 500.0% 1 390,000 114 12 6 500.0% 1 390,000 390,000 114 -9.9% - - 1 555,000 - -
82 Cowlitz County 330 55 47 14 -39.1% 14 167,400 126 55 14 -39.1% 14 167,400 132,800 126 -0.9% - - 2 82,500 1 153,000
Grand Total 443 78 63 25 -3.8% 19 191,700 150 78 25 -3.8% 19 191,700 194,000 150 -4.2% - - 3 240,000 1 153,000
87 Pacific County 133 15 12 8 166.7% 7 163,600 290 15 8 166.7% 7 163,600 127,900 290 -8.3% - - 5 47,800 - -
RESIDENTIAL
Current Month Year-To-Date
LAND MULTIFAMILY
Year-To-Date Year-To-DateYear-To-Date
COMMERCIAL
3© Copyright RMLS™ 2010. All Rights Reserved.
NEW LISTINGS SW WASHINGTON
This graph shows
the new residential
listings over the past
three calendar years in
Southwest Washington.
ACTIVE RESIDENTIAL
LISTINGSSW WASHINGTON
This graph shows
the active residential
listings over the
past three calendar
years in Southwest
Washington.
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
3000
3500
4000
4500
5000
5500
6000
Active Residential Listings
2008 2009 2010
0
200
400
600
800
1,000
1,200
1,400
New Listings
2008 2009 2010
© Copyright RMLS™ 2010. All Rights Reserved.4
This graph represents
monthly accepted
offers in Southwest
Washington over the
past three calendar years.
PENDING LISTINGS SW WASHINGTON
This graph shows the
closed sales over the past
three calendar years in
Southwest Washington.
CLOSED SALES SW WASHINGTON
This graph shows the
average market time for
sales in Southwest Wash-
ington. *As of August
2008, graph now reports
“Total Days on Market”
- for details read foot-
notes on page 3.
DAYS ON MARKET SW WASHINGTON
200250300350400450500550600650
Pending Sales
2008 2009 2010
0
100
200
300
400
500
600
Closed Sales
2008 2009 2010
0
50
100
150
200
250
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
© Copyright RMLS™ 2010. All Rights Reserved.5
This graph represents the average sale price for all homes sold in Southwest
Washington
AVERAGE SALE PRICE
SW WASHINGTON
This graph shows the
median sale price over
the past 12 months in the
greater Portland, Oregon
metropolitan area and
Clark County.
MEDIAN SALE PRICE
SW WASHINGTON
100000
120000
140000
160000
180000
200000
220000
240000
260000
280000
FEB MAR APR MAY JUNE JULY AUG SEPT OCT NOV DEC JAN
Median Sale Price: Portland, OR & Clark Co., WA
Clark County Metro Portland, OR
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
Dec
-99
Jun-
00
Dec
-00
Jun-
01
Dec
-01
Jun-
02
Dec
-02
Jun-
03
Dec
-03
Jun-
04
Dec
-04
Jun-
05
Dec
-05
Jun-
06
Dec
-06
Jun-
07
Dec
-07
Jun-
08
Dec
-08
Jun-
09
Dec
-09
Average Sale Price
MEDIAN SALE PRICE January 2010
PORTLAND
METRO
6© Copyright RMLS™ 2010. All Rights Reserved.
SW
WASHINGTON
MULTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
$202,400
Yamhill County
$212,500 N Portland
$242,500 NEPortland
$192,500 SEPortland
$199,000 GreshamTroutdale
SandyCorbettFairview $230,400
Mt. Hood:Zigzag
WelchesRhododendron
WemmeBrightwood
Government Camp
$249,000 Milwaukie/Gladstone/Boring/ClackamasEstacada
$215,800
Oregon City
Canby
Molalla
Beavercreek
$355,000
Lake Oswego
West Linn
$310,000 West Portland
$370,000
North Washington County
Sauvie Island
$225,900
Beaverton
Aloha
$287,000
Tigard/Tualatin
Sherwood
Wilsonville
$220,000
Hillsboro
Forest Grove
$184,000
Columbia County
$186,500 Heights
$131,500 Cent. Vancouver
$200,000Cascade Park
$173,5005 Corners
Orch.
$219,900HazelDell
Minnehaha
$209,300Felida
$268,000Salmon Creek
$282,000Camas/Washougal
$290,000
Brush Prairie
Hockinson
$270,300
Ridgefield/La Center
$200,000
Battle Ground
$119,000
N/NE Clark County$230,000
Woodland
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Union County, Oregon January 2010 Reporting Period
January Residential HighlightsMarket Activity continued to
increase dramatically in Union County compared to last January. Closed sales rose 175% and pending sales were up 55.6%. New listings also jumped 105.3%.
Comparing January 2010 with December 2009, pending sales grew 27.3% (14 v. 11) and new listings grew 18.2% (39 v. 33). However, closed sales fell 26.7% (11 v. 15).
Sale PricesThe average sale price for January
2010 was down 35.6% compared to January 2009, while the median sale price dropped 39.8%. See residential highlights table below.
Compared with December 2009, the average sale price decreased 1.8% ($130,000 v. $132,400). The median sale price, on the other hand, increased a slight 0.4% ($126,500 v. 126,000).
NewListings
PendingSales
ClosedSales
AverageSale Price
MedianSale Price
TotalMarket
Time
January 39 14 11 130,000 126,500 175
Year-to-date 39 14 11 130,000 126,500 175
January 19 9 4 201,800 210,000 207
Year-to-date 19 9 4 201,800 210,000 207
January 105.3% 55.6% 175.0% -35.6% -39.8% -15.2%
Year-to-date 105.3% 55.6% 175.0% -35.6% -39.8% -15.2%
2010
2009
Cha
nge
Union County, OregonResidentialHighlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
Inventory in Months*2008 2009 2010
January 8.1 38.3 16.8February 18.9 12.4March 12.5 19.9April 8.9 13.1May 9.3 12.9June 11.3 11.6July 10.0 9.7August 8.8 7.4September 6.8 15October 9.7 17.8November 11.9 8.2December 16.4 11.8
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -10.1% ($150,600 v. $167,500)Median Sale Price % Change: +1.4% ($134,900 v. $133,000)
ACTIVE RESIDENTIAL
LISTINGSUNIoN CoUNTy, oR
This graph shows the active
residential listings over the
past three calendar years in
Union County, Oregon.
*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.
For further explanation of this measure, see the second footnote on page 2.
0
50
100
150
200
250
Active Residential Listings
2008 2009 2010
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPoRT • 1/2010 Union County, oregon
Activ
e List
ings
New
Listin
gs3
Expir
ed.C
ance
led Li
sting
s
Pend
ing S
ales 2
010
Pend
ing S
ales 2
010 v
. 200
91
Clos
ed S
ales
Aver
age S
ale P
rice
Total
Mar
ket T
ime 4
New
Listin
gs
Pend
ing S
ales 2
010
Pend
ing S
ales 2
010 v
. 200
9
Clos
ed S
ales
Aver
age S
ale P
rice
Media
n Sale
Pric
e
Avg.
Sale
Price
% C
hang
e2
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
9782
4
Cove 16 2 2 - -100.0% - - - 2 - -100.0% - - - -33.5% - - - -- - -
9782
7
Elgin 22 4 3 1 - 1 115,000 185 4 1 - 1 115,000 115,000 6.4% - - - - - -
9784
1
Imbler 1 0 - 1 0.0% - - - - 1 0.0% - - - 58.0% - - - -- - -
9785
0 La Grande/ Island City 102 23 11 11 83.3% 8 143,400 164 23 11 83.3% 8 143,400 130,000 -1.7% 2 262,500 - - - -
9786
7
North Powder 7 - - - - - - - - - - - - - -100.0% - - - -- - -
9787
6
Summerville 11 3 - - - - - - 3 0 - - - - -46.8% - - - -- - -
9788
3
Union 26 7 - 1 0.0% 2 84,000 215 7 1 0.0% 2 84,000 84,000 -15.5% - - 1 29,000 - -
Union Co. Total 185 39 16 14 55.6% 11 130,000 175 39 14 55.6% 11 130,000 126,500 -10.1% 2 262,500 1 29,000 - -
MULTIFAMILYYear-To-DateCurrent Month Year-To-Date Year-To-Date
COMMERCIAL LANDRESIDENTIALYear-To-Date
NEW LISTINGS UNIoN CoUNTy, oR
This graph shows the
new residential listings
over the past three
calendar years in Union
County, Oregon.
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
0
10
20
30
40
50
60
70
New Listings
2008 2009 2010
3© Copyright RMLS™ 2010. All Rights Reserved.
This graph represents the average sale price for all homes sold in Union
County, Oregon.
AVERAGE SALE PRICE
UNIoN CoUNTy, oR
This graph represents
monthly accepted offers
in Union County,
Oregon over the past
three calendar years.
PENDING LISTINGS UNIoN CoUNTy, oR
05
10152025303540
Pending Sales
2008 2009 2010
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
Aug-
07Se
p-07
Oct
-07
Nov
-07
Dec
-07
Jan-
08Fe
b-08
Mar
-08
Apr-
08M
ay-0
8Ju
n-08
Jul-0
8Au
g-08
Sep-
08O
ct-0
8N
ov-0
8D
ec-0
8Ja
n-09
Feb-
09M
ar-0
9Ap
r-09
May
-09
Jun-
09Ju
l-09
Aug-
09Se
p-09
Oct
-09
Nov
-09
Dec
-09
Jan-
10
Average Sale Price
MULTIPLE LISTING SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County Oregon3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph shows the closed sales over the past three
calendar years in Union County, Oregon.
CLoSED SALES UNIoN CoUNTy, oR
This graph shows the average market time for sales
in Union County, Oregon. *As of August 2008,
graph now reports “Total Days on Market”
- for details read footnotes on page 2.
DAyS oN MARKET UNIoN CoUNTy, oR
0
5
10
15
20
25
30
35
Closed Sales
2008 2009 2010
0
50
100
150
200
250
Average Market Time
2008 2008 TMT2009 TMT 2010 TMT
A Publication of RMLS™, The Source for Real Estate Statistics in Your Community
© Copyright RMLS™ 2010. All Rights Reserved.
Residential Review: Wallowa County, Oregon January 2010 Reporting PeriodWallowa County Residential Highlights
We are happy to announce that we have been tracking market statistics for Wallowa County, Oregon for more than a year now and have historical data and comparable statistics so we will now include percent changes for all aplicable categories.
When comparing January 2010 with the same month in 2009, the market activity in Wallowa County was mixed. Closed sales dipped 80%, while pending sales increased 33.3% and the number of new listings was exactly the same.
At the month’s rate of sales, it would take approximately 99 months to sell the 99 active residential listings. This is the highest inventory since April 2009.
Sale PricesThe average sale price for January 2010 increased 34.1% compared with
January 2009. Further, median sale price jumped 123.4%. See residential highlights table below.
New Listings
Pending Sales
ClosedSales
AverageSale Price
MedianSale Price
Total Market
Time
January 9 4 1 229,000 229,000 497
Year-to-date 9 4 1 229,000 229,000 497
Janaury 9 3 5 170,800 102,500 186
Year-to-date 9 3 5 170,800 102,500 186
January 0.0% 33.3% -80.0% 34.1% 123.4% 167.5%
Year-to-date 0.0% 33.3% -80.0% 34.1% 123.4% 167.5%
2010
2009
Cha
nge
Wallowa County, OregonResidential Highlights
*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.
Percent Change of 12-Month Sale Price Compared With The Previous 12 Months
Average Sale Price % Change: -24.1% ($172,100 v. $226,800)*Median Sale Price % Change: -11.3% ($160,000 v. $184,500)*
% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).
Inventory in Months*2009 2010
January 20.4 99February N/AMarch 108April 125May 46June 46.7July 45August 26.6September 17.6October 23November 28.5December 15.8
2© Copyright RMLS™ 2010. All Rights Reserved.
AREA REPORT • 1/2010
Activ
e List
ings
New
Listi
ngs3
Expi
red.
Canc
eled
Listi
ngs
Pend
ing
Sales
2010
Pend
ing
Sales
2010
v. 20
091
Clos
ed S
ales
Aver
age S
ale P
rice
Total
Mar
ket T
ime 4
New
Listi
ngs
Pend
ing
Sales
2010
Pend
ing
Sales
2010
v. 20
09
Clos
ed S
ales
Aver
age S
ale P
rice
Medi
an S
ale P
rice
Avg.
Sale
Pric
e % C
hang
e2
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
Clos
ed S
ales
Aver
age S
ale P
rice
9788
5
Wallowa 13 4 1 2 - 0 - - 4 2 - 0 - - -31.1% 0 - 0 -- 0 -
9785
7
Lostine 1 0 0 0 - 0 - - 0 0 - 0 - - 54.6% 0 - 0 -- 0 -
9784
2
Imnaha 0 0 1 0 - 0 - - 0 0 - 0 - - -57.4% 0 - 0 -- 0 -
9784
6
Joseph 47 2 2 - -100.0% 1 229,000 497 2 0 -100.0% 1 229,000 229,000 35.6% 0 - 0 -- 0 -
9782
8
Enterprise 38 3 2 2 0.0% 0 - - 3 2 0.0% 0 - - 17.9% 0 - 0 -- 0 -Wallowa Co. Total 99 9 6 4 33.3% 1 229,000 497 9 4 33.3% 1 229,000 229,000 0.0% - - - - - -
MULTIFAMILYYear-To-DateCurrent Month Year-To-Date Year-To-Date
COMMERCIAL LANDRESIDENTIALYear-To-Date
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-To-Date section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).3 As of October 2007, the way that New Listing data is generated has changed to ensure accuracy. 4 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.
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
Aug-
07Se
p-07
Oct
-07
Nov
-07
Dec
-07
Jan-
08Fe
b-08
Mar
-08
Apr-
08M
ay-0
8Ju
n-08
Jul-0
8Au
g-08
Sep-
08O
ct-0
8N
ov-0
8D
ec-0
8Ja
n-09
Feb-
09M
ar-0
9Ap
r-09
May
-09
Jun-
09Ju
l-09
Aug-
09Se
p-09
Oct
-09
Nov
-09
Dec
-09
Jan-
10
Average Sale Price
This graph represents the average sale price for all homes
sold in Wallowa County, Oregon.
AVERAGE SALE PRICE
WALLOWA COunTy, OR
2© Copyright RMLS™ 2010. All Rights Reserved.
This graph represents
monthly accepted offers
in Wallowa County,
Oregon.
PEnDInG LISTInGS WALLOWA COunTy, OR
0123456789
Pending Sales
2009 2010
nEW LISTInGS WALLOWA COunTy, OR
This graph shows the
new residential listings
in Wallowa County,
Oregon.
ACTIVE RESIDEnTIAL
LISTInGSWALLOWA COunTy, OR
This graph shows the active
residential listings in
Wallowa County, Oregon.
02468
101214161820
New Listings
2009 2010
020406080
100120140160
Active Residential Listings
2009 2010
This graph shows the closed sales in Wallowa
County, Oregon.
CLOSED SALES WALLOWA COunTy, OR
This graph shows the average market time for sales in
Wallowa County, Oregon.
DAyS On MARKET WALLOWA COunTy, OR
MuLTIPLE LISTInG SERVICE
The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.
Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington.
RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.
E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.
Gary Whiting, Chairman of the BoardKurt von Wasmuth, President/CEONatalie Middleton, EditorKelsey Brunson, Assistant Editor
© Copyright RMLS™ 2010. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560
Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031(541) 436-2956
Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
012345678
Closed Sales
2009 2010
0
100
200
300
400
500
600
Average Market Time
2009 TMT 2010 TMT