Home Sales Decline in Oregon Real Estate Market

In this week's report, the number of homes sold in the Oregon market dropped to 3,713 over the past 30 days, a decrease of 8.1% from last week's report, but still above the monthly average. The median sales price climbed to $310,000, up from last week's $309,900. There are only three months of inventory available in Oregon, so it's a seller's market, even with the decrease in sales.

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Demographic facts for Oregon:

  • This area has a population growth rating of 68. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 271.9 per 100,000 people.
  • The health cost index score in this area is 114.1. (100 = national average)
  • 71.9% of the residents commute to work alone in their car, 11.0% via carpool, and 4.4% by way of public transit.

Data reported through 10/19/2016

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