Valley Real Estate Review February 217 Listings Months of Inventory 216 217 % of Change 3,112 2,492-19.92% 3.8 2.87-24.47% Offices Combined Force Total Listing Issued Total Annual Total Annual Dollar Volume 27 55 2,194 18,425 8,899 2,226,574,295 28 481 1,898 16,957 5,954 1,433,64,12 29 493 1,725 14,87 5,869 1,257,251,311 21 484 1,67 14,87 5,772 1,149,297,552 211 456 1,433 11,783 5,788 1,127,525,552 212 461 1,417 11,654 6,541 1,266,88,552 213 463 1,471 12,465 7,59 1,555,464,24 214 457 1,597 12,867 7,98 1,751,1,72 215 474 1,83 13,914 1,71 2,49,748,596 216 52 2,63 14,486 1,991 2,766,313,799 217 year to date 517 2,138 1,83 1,449 $372,916,89 3, 199 to 217 ytd Prices (all types, all areas) 25, 2, 15, 1, 5, 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 217 66,718 72,2 78,723 86,339 98,379 17,67 117,47 127,493 136,61 14,886 144,482 146,282 149,46 161,637 179,917 198,98 23,64 25,25 24,78 214,219 199,116 194,84 193,672 24,936 221,434 239,276 251,689 257,361 12 213 to 217 Closed by Month 1 8 6 4 2 213 214 215 216 217 JAN FEB MAR APR MAY JUNE JULY AUG SEPT OCT NOV DEC 512 419 573 599 739 653 82 8 661 663 542 627 423 397 55 582 748 727 819 817 742 77 622 711 487 484 762 798 896 148 133 952 116 951 747 898 656 653 816 894 951 1129 16 1122 971 935 91 957 768 681 2 15 1 5 1118 185 Number of Year to 1464 1537 1322 81 578 747 711 815 931 82 971 139 1449 23 25 27 29 211 213 215 217 24 26 28 21 212 214 216 Number of Year to Percent Increase/ Decrease From Previous Year 29-27.84% 21 29.24% 211-4.82% 212 14.63% 213 14.23% 214-11.92% 215 18.41% 216 34.81% 217 1.7% Millions 3 25 2 15 1 5 Total Annual Dollar Volume 1994 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216
Top Terms 217 Year to Residential Prices by Area Year to 7 35 6 5 4 3 2 1 Thousands 3 25 2 CNV CSH FHA VA USDA 1TD LSC 658 326 23 118 46 1 5 15 Keizer 1 Central 2 SubEast 3 SubEast 35 Southeast 4 South 5 West 6 Benton 7 Linn 8 Marion 9 Polk 95 OS % = Percent of change from previous year Residential Prices by Area AREA 213 % 12/ 213 Keizer 1 Central 2 SubEast 3 SubEast 35 Southeast 4 South 5 West 6 Benton 7 Linn 8 Marion 9 Polk 95 Total 214 % 13/ 214 215 % 14/ 215 216 % 15/ 216 217 Year to $2,691 13.24% $213,451 6.36% $228,235 6.93% $256,83 12.2% $266,67 121,62 2.27% 141,51 16.37% 145,819 3.5% 168,57 15.25% 191,48 152,181 15.56% 162,746 6.94% 187,193 15.2% 29,396 11.86% 25,51 165,92 7.% 183,966 1.88% 21,911 9.75% 229,343 13.59% 215,461 216,998 11.27% 229,231 5.64% 256,625 11.95% 284,586 1.9% 259,354 261,56 6.65% 264,15 1.17% 31,696 14.23% 322,94 6.76% 37,87 231,284 13.82% 235,298 1.74% 252,158 7.17% 277,55 1.7% 3,816 281,489 3.93% 288,75 2.56% 313,218 8.49% 335,478 7.11% 338,594 169,823 7.89% 178,928 5.36% 22,488 13.17% 211,254 4.33% 219,67 198,411 1.68% 222,347 12.6% 249,23 12.9% 271,827 9.7% 274,95 195,44 7.63% 27,252 6.4% 235,51 13.63% 25,752 6.47% 262,724 $215,27 9.32% $227,879 5.89% $245,98 7.56% $263,415 7.47% $264,532
February 217 New Construction Statistics A member owned cooperative MLS Since 1949 New Construction Residential Area 1 Keizer Area 2 Central Area 3 Suburban NE Area 35 Suburban SE Area 4 SE Area 5 South Area 6 West Area 7 Benton Area 8 Linn Area 9 Marion Area 95 Polk 12 Mos to date Price Square Cost per Square Foot Day on the Market Listings 67 2 3 2 43 49 52 65 152 5 74 $333,99 $221,375 $226,866 $214,95 $369,534 $347,69 $293,738 $336,491 $259,87 $318,145 $288,57 2,145 1,618 1,516 1,484 2,134 2,19 1,976 2,118 1,785 2,125 1,87 $155. $137. $15. $145. $173. $165. $149. $159. $146. $15. $16. 194 213 74 36 156 147 166 12 172 148 155 6 2 2 23 23 2 18 3 14 13 New Construction Residential 213 214 215 216 217 Year to Pending 518 631 712 586 86 166 61 Price $233,9 $248,38 $267,239 $35,337 $31,128 $4,912 $335,195 Square Cost per Square Foot Days on the Market 1,826 1,888 1,926 1,99 1,917 2,265 1,977 $128. $132. $139. $153. $162. $177. $17. 142 145 147 164 163 12 66 Equal Housing Opportunity Many factors contribute to fluctuations in data - users should analyze over an extended period to ascertain market trends. copyright 217 WVMLS all rights reserved
Residential by Number of 2 3 4 5 Number 12 1,196 5,934 2,79 353 Months $173,18 $248,874 $319,396 $388,678 Price Square 1,149 1,63 2,295 2,975 Cost $151. $153. $139. $131. per Square Foot Days on Market 95 98 112 133 on the Market 122 594 368 83 2 4 3 5 12 Residential Listings by Price Range 12 Mos 1 8 6 4 2 4-49999 5-59999 6-69999 7-79999 8-89999 9-99999 1-19999 11-119999 12-129999 13-139999 14-149999 15-159999 16-169999 17-179999 18-189999 19-199999 2-224999 225-249999 25-274999 275-299999 3-349999 35-399999 4-449999 45-499999 5-749999 75-999999 1+ Price Ranges
/ Days on Market Residential Listings by Price Range - Days on the Market 35 3 DOM 25 2 15 1 5 4-49999 5-59999 6-69999 7-79999 8-89999 9-99999 1-19999 11-119999 12-129999 13-139999 14-149999 15-159999 16-169999 17-179999 18-189999 19-199999 2-224999 225-249999 25-274999 275-299999 3-349999 35-399999 4-449999 45-499999 5-749999 75-999999 1+ Price Ranges Residential by Price Range 2 15 1 5 4-49999 5-59999 6-69999 7-79999 8-89999 9-99999 1-19999 11-119999 12-129999 13-139999 14-149999 15-159999 16-169999 17-179999 18-189999 19-199999 2-224999 225-249999 25-274999 275-299999 3-349999 35-399999 4-449999 45-499999 5-749999 75-999999 1+ Listings Price Ranges
A R E A 215 215 Dollar Volume Residential Price Analysis 216 216 Dollar Volume 217 Year to on the Mkt 217 Dollar Volume Year to Original List Price Price % Sale to List Days on the Mkt Square Price Per Square Foot 1 551 $125757742 586 $156595 65 4 $17294378 $271232 $26667 98. 94 1778 $15. 2 373 5439492 397 66718758 67 39 12824375 198536 19148 96.4 88 1668 115. 3 361 67576977 47 85224348 47 39 9658589 25559 2551 99.9 95 142 145. 35 327 6625111 378 86691869 58 42 3112259 221615 215461 97.2 11 1597 135. 4 799 254484 849 241614245 12 9 2185435 268321 259354 96.6 19 1791 145. 5 42 121281795 457 1471973 71 77 3112259 314593 3787 97.8 111 1978 156. 6 618 155833656 69 16928281 72 78 21658799 35964 3816 98.3 11 229 136. 7 164 333264639 974 326755832 115 19 38938396 35128 338594 96.3 116 257 165. 8 1432 28996413 1831 38686659 24 176 5275843 223232 21967 98.3 112 1549 142. 9 958 238762627 156 28749492 157 138 4332939 283652 27495 96.6 116 1785 154. 95 559 13165554 656 164493696 84 91 2268818 269791 262724 97.3 152 178 148. OS 581 177364326 629 21452749 9 187 3113843 35426 334598 94.4 131 1879 178. 2 15 1 5 New Listings by the Month 215 216 217 12 1 8 6 4 2 Percent of Price to List Price (YTD) 98 96.4 99.9 97.2 96.6 97.8 98.3 96.3 98.3 96.6 97.3 94.4 215 216 217 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 878 113 1269 1441 1441 1546 1468 122 1181 153 828 649 985 11 1297 1435 1456 1424 1463 1456 1147 118 91 746 866 937 Area 1 Area 2 Area 3 Area 35 Area 4 Area 5 Area 6 Area 7 Area 8 Area 9 Area 95 Area OS 2 15 1 5 Days on the Market (YTD) 152 11 19 111 116 112 116 94 88 95 11 131 2 15 1 15 115 Price Per Square Foot By Area Including Lot (YTD) 145 135 145 156 136 165 142 154 148 178 Area 1 Area 2 Area 3 Area 35 Area 4 Area 5 Area 6 Area 7 Area 8 Area 9 Area 95 Area OS 5 Area 1 Area 3 Area 4 Area 6 Area 8 Area 95 Area 2 Area 35 Area 5 Area 7 Area 9 Area OS
3421 25th St. SE, Oregon 9732-1122 (53) 399-8657 1 8 944-3138 The Statistics presented in this update are compiled by the WVMLS. Statistics reflect sales made by member offices for properties listed in the Willamette Valley, Oregon. Many factors contribute to fluctuations in data. Users of this report should analyze data over an extended period to ascertain market trends. Information is deemed reliable but not guaranteed. Copyright 217 WVMLS All rights reserved Executive Vice President/Editor Jay A. Gordon We welcome your comments and suggestions. 24 to 217 ytd Residential /Median Prices 3, Equal Housing Opportunity All statistical reports are available on the web at WVMLS.COM 25, 2, 15, 1, 5, AREAS: # Keizer 1 Central 2 Suburban East 3 Suburban SE 35 Southeast 4 South 5 West 6 Benton 7 Linn 8 Marion 9 Polk 95 February 217 Full Year 216 February 216 Full Year 215 24 25 26 27 28 29 21 211 212 213 214 215 216 217 ytd 18,172 199,754 232,943 249,23 24,46 215,432 25,46 193,821 196,867 215,27 227,879 245,98 263,415 264,532 156,9 172,4 199,9 217, 21, 192, 18,5 169, 169, 189,595 2,35 219, 235,4 239,45 Factoid: The average new home sold in the Willamette Valley is a 3 bedroom, 2 bath with 1,917 square feet plus a 2 car garage. The average cost per square foot for a new home is $162. including a 6, square foot lot. Closed New Listings Pending Listings Price % List Price to Price 681 937 1,589 $267,818 98.45% 1,991 14,486 4,94 $251,689 98.78% 653 1,1 1,623 $225,96 97.92% 1,71 13,914 5,19 $239,276 99.4%