Josephine County Residental Market Trends January 217 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..8 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS
Pending Sales 11 11.% 11 16 45.5% 2 16-2.% 7 14 1.% 1 3 2.% 8 7 5 5 2.% 4 3 2 1 1 Yearly Snapshot: Pending Sales 9 8 7 5 4 3 2 1 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 2 of 9
New Listings 14 12-14.3% 1 4 -.% 12 17 6-64.7% 1 1 18 8.% 4 2-5.% 8 55 42-23.6% 4 2 12 Yearly Snapshot: New Listings 1 8 4 2 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 3 of 9
Average Days on Market 88 57-35.2% 98 45-54.1% 77 36-53.2% 5 88 31-64.8% 99 2-79.8% 4 5 43-14.% 3 2 1 Yearly Snapshot: Average Days on Market 5 4 3 2 1 Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 4 of 9
Original List Price vs Selling Price 93.7% 89.9% -4.% 99.5% 95.1% -4.4% 93.8% 96.8% 3.2% 93.8% 98.9% 5.4% 97.5% 97.% 96.5% 9.2% 9.7%.6% 96.% 94.1% 95.1% 1.% 95.5% 95.% 94.5% 94.% 93.5% 1.% Yearly Snapshot: Original List Price vs Selling Price 98.% 96.% 94.% 92.% 9.% 88.% Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 5 of 9
Available Homes per Buyer 6.8 3.5-47.8% 9.8 4.2-56.9% 5.5 3.5 3.7 5.7% 4.2 3.8-8.4% 5. 11. 5. 354.5% 4.5 5.1 4.8-6.1% 4. 3.5 3. 6.5 Yearly Snapshot: Available Homes per Buyer 6. 5.5 5. 4.5 4. 3.5 3. Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 6 of 9
Months Supply of Inventory 5.4 2.6-52.% 6.8 2.7 -.% 2.5 2.1-17.4% 3.5 2.4-32.5% 4. 3.5 3. 1. 47. 37.% 2.5 4. 3.4-14.3% 2. 1.5 1..5. 5. Yearly Snapshot: Months Supply of Inventory 4.5 4. 3.5 3. 2.5 2. 1.5 1..5. Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 7 of 9
Housing Affordability Index Josephine County 14.1 96.7-7.2% 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 1 indicate less affordability, while values over 1 show increased affordability. 15. 1. 95. 9. 85. 8. 75. 7. 65.. 12. Yearly Snapshot: Housing Affordability Index 11. 1. 9. 8. 7.. Jan 16 Feb 16 Mar 16 Apr 16 May 16 Jun 16 Jul 16 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 8 of 9
Keybox Activity Report Keybox Accesses 7154 5676-2.7% Jan 16 Jan 17 7154 5676 215 Southern Oregon MLS, a wholly owned subsidiary of the Rogue Valley Association of REALTORS Page 9 of 9