Southern Oregon Market Update 9-22-2021

Full Video Transcript Below

[00:00:00] Good morning, Southern Oregon, Alice Lema here, broker John L. Scott here with our weekly market statistics for the week ending September 22nd, 2021. Today let's start with Klamath county. Our new listings, in Klamath county were 45. We had 44 closed sales. 72 pending sales .19 back on market. Those are the people that lost their escrow and 10 canceled or withdrawn. Those are the people that gave up in Klamath county. The average days on market in Klamath county this week is 102. It's a little over three months. The average sales price is $206,725. So a little over $206,000. And the average price to list price ratio is 94%. 94.68 actually percent. So down a little bit.

[00:00:50] Josephine county this week had 51 new listings, 41 closed sales. Pending sales in Josephine county this week were 44. Josephine county has 17 back on market. 15 cancelled and withdrawn. And the average days on market was 21 in Josephine county. This week, the average sales price in Josephine county is still high, $407,000. Well high for us. Average sold price to list price ratio this week in Josephine county was 97.8%. So still pretty strong.

[00:01:21] Jackson county this week had 159 new listings, 108 closed. 127 pending sales this week in Jackson county, 37 back on market. 31 canceled and withdrawn listings in Jackson county this week. And the average days on market in Jackson county this week 43. So getting closer to six weeks. Their average sales price in Jackson county this week 446,000 and the average sold price to list price ratio this week was 97%.

[00:01:53] Those are our market statistics for the week ending September 22nd, 2021. I'm Alice Lema, broker John L. Scott. I'm here all weekend. Let me know if there's something I can do to help you with your real estate needs. My number is (541) 301-7980. Have a beautiful weekend. Subscribe to our channel, send me some comments, send me some questions. Put something in the subject line and I will see you next week.

[00:02:20] Bye now.