Southern Oregon Market Stats
April 1, 2021 through June 30, 2021
By Jake Rockwell
In the past months, our reporting on the monthly and quarterly stats has had a similar narrative, Days on Market and Inventory are DOWN. Yet surprisingly a look at this quarter as compared to previous, one of the big ticket changes seems to be the list prices. In Josephine County the median list price went from $389,900 to $549,000, a jump by 40.81% in just a years comparison. Because of this it seems certain key market segments are feeling the increase significantly. Pending listings in the $750,000-$799,999 range from this time last year surged by 1800% going from only 1 property to 19. Look over the stats attached below... they're astounding.
Key Take-Aways:
- List and Sale prices are soaring as a direct correlation to the low inventory
- Additionally shorter days on market are driving the list prices up as sellers are realizing the potential for return
- Cumulative Days on Market average is just days
Links to Stats:
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