Southern Oregon 2019 Market Report

Page 1

2019

Market Report SOUTHERN OREGON

Cascade Sotheby’s International Realty is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information provided is “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.




2019 MARKET REPORT

Jacksonville Zip Codes: 97530 Population: 2,894 County: Jackson

ALL RESIDENTIAL

2018

2019

Total Units Sold

132

121

Total Sold Volume

$63,694,389

$59,728,351

6%

Median Sales Price

$477,450

$470,000

7k

Average Days on Market

67

91

24

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

58

47

Total Sold Volume

$29,389,500

$25,272,325

Median Sales Price

$467,500

$475,000

8k

Average Days on Market

89

70

19

TOWNHOMES & CONDOS

2018

2019

Total Units Sold

5

8

Total Sold Volume

$1,558,000

$2,244,300

36%

Median Sales Price

$329,000

$279,500

50k

Average Days on Market

9

41

32

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

11

COMPARISON

11 15%

COMPARISON

3


2019 MARKET REPORT

Medford Zip Codes: 97501, 97502, 97504 Population: 81,780 County: Jackson

COMPARISON

ALL RESIDENTIAL

2018

2019

Total Units Sold

1,625

1,671

46

Total Sold Volume

$523,122,001

$546,292,443

4%

Median Sales Price

$288,000

$297,000

9k

Average Days on Market

41

45

4

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

87

77

Total Sold Volume

$54,325,299

$44,120,707

21%

Median Sales Price

$540,000

$510,200

30k

Average Days on Market

129

95

34

TOWNHOMES & CONDOS

2018

2019

Total Units Sold

66

90

Total Sold Volume

$11,761,000

$18,150,045

43%

Median Sales Price

$173,500

$218,250

45k

Average Days on Market

32

35

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

10

COMPARISON

24

3


2019 MARKET REPORT

Ashland Zip Codes: 97520 Population: 21,117 County: Jackson

ALL RESIDENTIAL

2018

2019

Total Units Sold

440

447

Total Sold Volume

$216,344,838

$227,576,207

5%

Median Sales Price

$440,000

$480,000

40k

Average Days on Market

81

90

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

53

67

Total Sold Volume

$34,257,536

$42,110,685

21%

Median Sales Price

$535,000

$525,000

10k

Average Days on Market

179

118

61

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

77

65

Total Sold Volume

$25,355,554

$21,779,197

Median Sales Price

$323,390

$318,000

5k

Average Days on Market

65

91

26

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

7

9

COMPARISON

14

COMPARISON

12 15%


2019 MARKET REPORT

Grants Pass Zip Codes: 97526, 97527, 97528 Population: 37,579 County: Josephine

ALL RESIDENTIAL

2018

2019

Total Units Sold

1,093

1,134

41

Total Sold Volume

$345,206,297

$379,240,481

9%

Median Sales Price

$280,000

$294,700

15k

Average Days on Market

47

56

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

414

409

Total Sold Volume

$164,036,947

$174,267,300

6%

Median Sales Price

$347,500

$373,700

26k

Average Days on Market

61

73

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

24

22

Total Sold Volume

$4,955,900

$4,341,050

13%

Median Sales Price

$197,750

$200,000

2k

Average Days on Market

28

52

24

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

9

COMPARISON

5

12 COMPARISON

2


2019 MARKET REPORT

Klamath Falls Zip Codes: 97601, 97602, 97603 Population: 21,359 County: Klamath

ALL RESIDENTIAL

2018

2019

Total Units Sold

1030

951

79

Total Sold Volume

$194,180,419

$196,304,464

1%

Median Sales Price

$171,250

$190,000

19k

Average Days on Market

53

49

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

154

148

Total Sold Volume

$41,437,725

$43,829,942

6%

Median Sales Price

$263,100

$285,000

22k

Average Days on Market

83

62

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

29

21

Total Sold Volume

$4,323,490

$3,042,220

Median Sales Price

$115,500

$127,000

12

Average Days on Market

43

24

19

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

4

COMPARISON

6

21

COMPARISON

8 35%


2019 MARKET REPORT

Roseburg Zip Codes: 97470, 97471 Population: 22,321 County: Douglas

ALL RESIDENTIAL

2018

2019

COMPARISON

Total Units Sold

8

7

Total Sold Volume

$2,222,000

$1,899,000

16%

Median Sales Price

$210,000

$220,000

10k

Average Days on Market

72

51

21

1

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

3

2

Total Sold Volume

$1,165,000

$829,000

34%

Median Sales Price

$350,000

$414,500

65k

Average Days on Market

78

21

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

1

57


2019 MARKET REPORT

Central Point Zip Codes: 97502 Population: 18,234 County: Jackson

ALL RESIDENTIAL

2018

2019

Total Units Sold

482

475

Total Sold Volume

$154,206,939

$154,596,806

.3%

Median Sales Price

$278,950

$295,000

116k

Average Days on Market

37

44

RESIDENTIAL WITH ACREAGE

2018

2019

Total Units Sold

91

96

Total Sold Volume

$42,242,951

$41,345,149

2%

Median Sales Price

$389,000

$397,000

8k

Average Days on Market

56

69

13

TOWNHOMES AND CONDO

2018

2019

Total Units Sold

6

10

Total Sold Volume

$1,254,001

$2,207,000

Median Sales Price

$215,000

$219,950

5k

Average Days on Market

42

19

23

( > 1 ACRE )

*From RMLS data 1.1.18 - 12.31.19; data subject to change. Each Office is Independently Owned and Operated

COMPARISON

7

7

COMPARISON

5

COMPARISON

4 55%


Contact Us To Talk More

The LivPortland Team LivPortland.com

joe@LivPortland.com steph@LivPortland.com

503-380-0246


Our Offices OREGON COAST

PORTLAND AREA

CENTRAL OREGON

Gearhart

Pearl District

Bend - Downtown

587 Pacific Way, PO Box 2300

1321 NW Hoyt St

821 NW Wall Street

Gearhart, OR 97138

Portland, OR 97209

Bend, OR 97702

Cannon Beach

NE Portland

Bend - Old Mill (HQ)

130 North Hemlock, Suite 1

2236 NE Broadway St

650 SW Bond Street, Suite 100

Cannon Beach, OR 97110

Portland, OR 97232

Bend, OR 97702

Vancouver WA

Sisters

900 Washington Street Suite 150

290 East Cascade Avenue,

Vancouver, WA 98660

PO Box 609

Manzanita 467 Laneda Avenue, Box 820 Manzanita, OR 97130

Sisters, OR 97759

Lincoln City 1831 SW HWY 101 Lincoln City, OR 97367

Lake Oswego 310 N. State Street, Suite 102

Sunriver

Lake Oswego, OR 97034

57100 Beaver Drive, Building 5, Suite 150

Beaverton

Sunriver, OR 97707

8880 SW Nimbus Ave, Suite C Beaverton, OR 97008

COLUMBIA RIVER GORGE Hood River 116 3rd St, Suite 209 Hood River, OR 97031

Joe and Stephanie Reitzug

Serving Oregon & SW Washington for over 25 years

This 2019 Home Market Report is for illustrative and informative purposes only and is not an offer to perform professional real estate services or marketing. The information contained in the report is not a representation or guarantee regarding future profits or income related to real estate, and the information contained in this report should not be solely relied upon to conduct real estate activity. Cascade Sotheby’s International Realty makes no representation, warranty, or guaranty as to accuracy of any information contained in the Report and encourages you to always consult with a trusted real estate, legal, and tax professional for independent verification.


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