Jackson County Residental Market Trends February 2017 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 12 27 125.0% 6 4-33.3% 5 2-60.0% 9 5-44.4% 7 8 14.3% 21 18-14.3% 10 19 90.0% 90 55-38.9% 37 33-10.8% 280 260 240 220 200 180 160 140 10 9-10.0% 120 15 14-6.7% 100 4 7 75.0% 9 7-22.2% 80 235 208-11.5% 380 Yearly Snapshot: Pending Sales 330 280 230 180 130 80 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 2 of 9
New Listings 22 32 45.5% 5 6 20.0% 4 3-25.0% 14 9-35.7% 350 300 8 9 12.5% 250 16 25 56.3% 7 18 157.1% 102 47-53.9% 200 150 33 39 18.2% 12 11-8.3% 18 23 27.8% 100 50 4 8 100.0% 11 9-18.2% 0 256 239-6.6% 450 Yearly Snapshot: New Listings 400 350 300 250 200 150 100 50 0 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 3 of 9
Average Days on Market 66 94 42.4% 66 38-42.4% 57 51-10.5% 5 N/A N/A 60 50 79 47-40.5% 52 73 40.4% 40 33 51 54.5% 53 46-13.2% 63 51-19.0% 30 20 22 33 50.0% 44 16-63.6% 10 70 142 102.9% 99 59-40.4% 0 53 54 1.9% 60 Yearly Snapshot: Average Days on Market 50 40 30 20 10 0 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 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 87.5% 95.1% 8.7% 87.5% 97.0% 10.8% 94.1% 89.2% -5.2% 96.0% N/A N/A 96.6% 93.4% -3.3% 94.9% 94.1% -0.8% 98.1% 96.5% -1.6% 95.6% 95.5% -0.2% 96.8% 96.6% 96.4% 96.2% 96.0% 95.8% 95.6% 96.1% 94.9% -1.3% 95.4% 99.2% 97.1% -2.1% 95.2% 94.1% 98.0% 4.1% 95.0% 95.9% 93.6% -2.4% 90.5% 97.6% 7.9% 94.8% 94.4% 95.4% 1.1% 97.5% 97.0% 96.5% 96.0% 95.5% 95.0% 94.5% 94.0% 93.5% 93.0% 92.5% Yearly Snapshot: Original List Price vs Selling Price Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 5 of 9
Available Homes per Buyer 9.3 6.5-29.5% 4.7 3.0-35.7% 3.3 1.5-53.8% 17.5 N/A N/A 6.0 5.0 6.0 3.8-37.5% 3.0 5.2 75.0% 4.0 2.6 2.9 12.2% 7.7 5.4-29.1% 6.4 5.8-10.0% 3.0 2.0 2.6 2.4-9.9% 3.9 5.2 34.8% 1.0 5.5 7.7 39.4% 6.2 3.5-43.5% 0.0 5.6 5.0-10.2% 6.0 Yearly Snapshot: Available Homes per Buyer 5.0 4.0 3.0 2.0 1.0 0.0 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 6 of 9
Months Supply of Inventory 7.2 4.5-36.9% 2.3 2.0-14.3% 1.8 1.0-42.9% 11.5 N/A N/A 3.5 3.0 3.8 1.5-60.0% 2.5 2.1 3.5 63.3% 1.6 1.3-16.7% 5.4 3.6-33.7% 2.0 1.5 4.1 3.2-20.4% 1.6 1.3-23.6% 2.8 3.6 29.3% 4.8 5.3 12.3% 4.8 2.8-42.7% 1.0 0.5 0.0 3.9 3.2-16.4% 4.5 Yearly Snapshot: Months Supply of Inventory 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 7 of 9
Housing Affordability Index Jackson County 132.8 107.4-19.1% 120.0 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. 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 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 Aug 16 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 8 of 9
Keybox Activity Report Keybox Accesses 8062 6764-16.1% Feb 16 Feb 17 8062 6764 2015 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 9 of 9