Jackson County Residental Market Trends November 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 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS
Pending Sales 33 40 21.2% 4 5 25.0% 1 7 600.0% 380 2 6 200.0% 330 7 12 71.4% 23 14-39.1% 280 14 12-14.3% 63 73 15.9% 17 38 123.5% 230 180 8 12 50.0% 15 8-46.7% 130 3 1-66.7% 9 11 22.2% 80 199 239 20.1% 380 Yearly Snapshot: Pending Sales 330 280 230 180 130 80 Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 May 17 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 2 of 9
New Listings 19 28 47.4% 4 4 0.0% 1 8 700.0% 6 6 0.0% 3 11 266.7% 12 12 0.0% 12 11-8.3% 53 62 17.0% 500 450 400 350 300 250 200 22 38 72.7% 150 3 8 166.7% 100 14 19 35.7% 50 5 1-80.0% 7 10 42.9% 0 161 218 35.4% 500 450 400 350 300 250 200 150 100 50 0 Yearly Snapshot: New Listings Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 May 17 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 3 of 9
Average Days on Market 41 39-4.9% 17 46 170.6% 36 3-91.7% 26 19-26.9% 22 27 22.7% 38 36-5.3% 47 21-55.3% 53 40-24.5% 24 25 4.2% 33 10-69.7% 30 49 63.3% 45 40 35 30 25 20 15 10 5 101 13-87.1% 38 65 71.1% 0 38 34-10.5% 60 Yearly Snapshot: Average Days on Market 50 40 30 20 10 0 Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 May 17 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 4 of 9
Original List Price vs Selling Price 95.9% 96.9% 1.1% 97.8% 98.5% 0.7% 95.8% 105.3% 9.9% 104.7% 97.7% -6.6% 98.0% 97.5% 97.9% 97.8% -0.1% 97.1% 94.8% -2.4% 97.0% 96.7% 97.5% 0.9% 95.8% 95.3% -0.5% 98.3% 97.9% -0.4% 96.5% 96.0% 97.3% 99.8% 2.6% 97.2% 97.6% 0.4% 95.5% 103.5% 97.6% -5.7% 95.4% 95.3% -0.1% 95.0% 96.8% 96.6% -0.3% 98.0% Yearly Snapshot: Original List Price vs Selling Price 97.5% 97.0% 96.5% 96.0% 95.5% 95.0% 94.5% 94.0% Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 May 17 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 5 of 9
Available Homes per Buyer 3.8 6.7 75.6% 1.6 5.0 212.5% 1.8 17.0 844.4% 5.8 7.8 33.6% 1.4 2.3 62.4% 2.5 2.8 13.3% 4.0 3.5 3.0 2.5 2.9 3.1 5.5% 3.0 3.0 0.5% 1.9 2.5 29.9% 1.9 2.4 28.7% 2.0 5.9 195.5% 2.0 1.5 1.0 0.5 13.0 11.0-15.4% 3.0 3.6 18.5% 0.0 2.7 3.6 32.7% 6.0 Yearly Snapshot: Available Homes per Buyer 5.0 4.0 3.0 2.0 1.0 0.0 Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 May 17 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 6 of 9
Months Supply of Inventory 2.7 4.7 70.6% 1.1 3.3 203.0% 1.4 10.0 614.3% 5.0 6.0 20.0% 3.0 2.5 0.8 1.2 44.0% 1.6 2.0 26.3% 2.0 1.9 2.0 3.7% 1.5 2.0 2.0-2.9% 1.5 1.7 8.0% 1.0 1.1 1.0-9.1% 1.4 4.9 252.8% 11.5 10.0-13.0% 2.3 2.2-2.2% 0.5 0.0 2.0 2.5 27.2% 4.0 Yearly Snapshot: Months Supply of Inventory 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 May 17 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 7 of 9
Housing Affordability Index Jackson County 110.6 111.5 0.9% 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 60.0 120.0 Yearly Snapshot: Housing Affordability Index 110.0 100.0 90.0 80.0 70.0 60.0 Nov 16 Dec 16 Jan 17 Feb 17 Mar 17 Apr 17 May 17 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 8 of 9
Keybox Activity Report Keybox Accesses 6808 7430 9.1% Nov 16 Nov 17 7430 6808 2017 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 9 of 9