Jackson County Residental Market Trends October 2015 Pending Sales..2 New Listings..3 Overall activity trends are not a measure of pricing or value for individual properties. Small Sampling sizes can lead to wide variances in year to year comparisons. This report represents urban area homes and excludes rural properties. N/A means "No or Insufficient Activity" for the reporting period. All information is based on reporting by REALTORS to the Southern Oregon Multiple Listing Service. Average Days on Market Original List Price vs Selling Price Available Homes per Buyer..4..5..6 Months Supply of Inventory..7 Housing Affordability Index..8 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS
Pending Sales 37 37 0.0% 9 8-11.1% 3 5 66.7% 380 3 9 200.0% 330 6 9 50.0% 7 33 371.4% 280 14 15 7.1% 61 69 13.1% 31 25-19.4% 230 180 11 14 27.3% 17 22 29.4% 130 2 9 350.0% 7 8 14.3% 80 208 263 26.4% 380 Yearly Snapshot: Pending Sales 330 280 230 180 130 80 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 2 of 9
New Listings 31 34 9.7% 10 3-70.0% 2 8 300.0% 4 5 25.0% 3 10 233.3% 24 28 16.7% 20 17-15.0% 76 83 9.2% 28 33 17.9% 5 18 260.0% 16 16 0.0% 450 400 350 300 250 200 150 100 50 6 7 16.7% 9 7-22.2% 0 234 269 15.0% 450 Yearly Snapshot: New Listings 400 350 300 250 200 150 100 50 0 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 3 of 9
Average Days on Market 80 47-41.3% 38 18-52.6% 45 42-6.7% 17 40 135.3% 60 50 21 28 33.3% 37 54 45.9% 40 38 23-39.5% 36 41 13.9% 59 17-71.2% 30 20 41 45 9.8% 61 57-6.6% 10 73 23-68.5% 23 20-13.0% 0 49 35-28.6% 90 Yearly Snapshot: Average Days on Market 80 70 60 50 40 30 20 10 0 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 4 of 9
Original List Price vs Selling Price 93.8% 96.4% 2.8% 97.2% 97.9% 0.7% 98.9% 88.6% -10.4% 96.0% 94.4% -1.6% 97.0% 96.5% 98.9% 98.9% 0.0% 96.2% 96.5% 0.3% 96.0% 93.7% 96.7% 3.3% 96.5% 95.1% -1.5% 96.5% 98.4% 2.0% 95.5% 95.0% 97.1% 98.1% 1.1% 95.6% 97.7% 2.2% 94.5% 89.8% 92.3% 2.8% 96.3% 94.0% -2.4% 94.0% 95.4% 96.2% 0.8% 97.0% 96.5% 96.0% 95.5% 95.0% 94.5% 94.0% 93.5% 93.0% 92.5% 92.0% Yearly Snapshot: Original List Price vs Selling Price 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 5 of 9
Available Homes per Buyer 5.2 4.4-15.2% 4.7 3.1-32.7% 5.0 7.0 40.0% 4.3 3.8-11.1% 9.7 2.6-72.9% 4.3 4.6 5.6% 4.6 4.4 4.2 4.0 4.1 3.1-24.0% 6.1 4.3-29.2% 7.6 2.6-65.3% 4.0 3.9-3.1% 4.4 4.6 4.5% 3.8 3.6 3.4 3.2 10.8 4.0-62.8% 16.7 16.0-4.0% 3.0 5.7 4.0-29.0% 7.5 Yearly Snapshot: Available Homes per Buyer 7.0 6.5 6.0 5.5 5.0 4.5 4.0 3.5 3.0 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 6 of 9
Months Supply of Inventory 3.9 3.1-20.7% 2.3 1.3-44.9% 3.8 5.3 40.4% 3.9 1.9-51.3% 3.5 3.0 7.0 1.6-76.9% 2.5 3.7 2.5-32.1% 3.1 1.7-44.1% 4.8 3.1-36.3% 2.0 1.5 5.8 1.7-70.2% 2.5 1.6-33.8% 3.5 2.8-18.8% 8.3 2.6-68.8% 13.7 11.0-19.5% 1.0 0.5 0.0 4.3 2.6-40.4% 6.0 Yearly Snapshot: Months Supply of Inventory 5.0 4.0 3.0 2.0 1.0 0.0 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 7 of 9
Housing Affordability Index Jackson County 126.0 124.6-1.1% 130.0 The Housing Affordability Index (HAI) measures the ability of a family with median income to afford monthly mortgage payments on a median priced home. The HAI is calculated using the most recent census data for the area and average interest rates reported by Freddie Mac. Index values under 100 indicate less affordability, while values over 100 show increased affordability. 120.0 110.0 100.0 90.0 80.0 70.0 60.0 140.0 Yearly Snapshot: Housing Affordability Index 130.0 120.0 110.0 100.0 90.0 80.0 70.0 60.0 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 8 of 9
Keybox Activity Report Keybox Accesses 7759 8191 5.6% Oct 14 Oct 15 7759 8191 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 9 of 9