Southern Oregon Market Update for August 4, 2021

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Market Update August 4, 2021

[00:00:00] Good morning, Southern Oregon Alice Lema here, broker John L. Scott here with our March good statistics for housing and Southern Oregon ending in the week, August 4th, 2021. Jackson county had 125 new listings this week, 148 closed sales, 136 pending sales, 29 back on market. They lost their buyer, 23 canceled or withdrawn, they gave up and we have 21 average days on market, which is still pretty quick.

[00:00:28] Our average price went up. It's $502,000 and some change here in Jackson county and our ratio between the list price and the sale price list price. And the sold price is 99%.

[00:00:40] Josephine county has 64 new listings this week, 53 closed sales. Josephine county had 51 pending sales. 24 back on market, they lost their buyer, nine canceled or withdrawn. Those are people that gave up and we have a 31 day average 31 days on market average in Josephine county. This week, Josephine county average sales price was $425,000 and some change. And the average list price to sold price ratio in Josephine county was 98%.

[00:01:12] Klamath county this week had 86, new listings, 47 closed sales pending sales in Klamath county were 64.

[00:01:21] They had 28 back on market. That's lost the buyer in Klamath county. Their canceled and withdrawn was 11. Those are people that gave up. The average days on market in Klamath county is back down to 68. It's still longer than we've been experiencing, but not as long as some, some weeks. Klamath county had an average sales price of $285,000, which is high for Klamath. And the average sold price to list price ratio in Klamath county was 95%.

[00:01:51] So those are market statistics for the weekend. August 4th, 2021. I'm Alice Lema, broker here in John L. Scott and beautiful Southern Oregon. I'm around all weekend. I want to be your agent. I want to help you buy, sell, invest.

[00:02:05] So give me a call, give me a text (541) 301-7980. Make it a beautiful day and we'll see you next week. Bye now.