Southern Oregon Market Stats
October 1st. to October 31st. 2020
By Jake Rockwell
The market is getting hotter by the day. Homes are moving faster and for more money. We are curious to see how the market will react to this winter, will we see a typical slow down or none at all like last December? Last winter was our busiest winter on record for the Rockwell Group and the way the market is, it doesn't show any signs of slowing. Will prices continue to go up as less homes are on the market, or will sellers decide to take advantage of the economy and the low interest and put their home on the market during the winter months instead of waiting until Spring? One thing's for certain, there has never been a better time to list your home in Southern Oregon than right NOW! Just be ready when you do, because these homes are flying off the shelves.
- Homes in White City are moving extremely quickly, with and average of just 7 days on market.
- Homes in West Medford are also going quickly, Southwest 24 DOM and Northwest at only 13 DOM
- West Medford continues to hold the title with the most change showing a 70.1% increase over the last 5 years time in median home sales price at $241,500
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