Southern Oregon Market Update Sept. 8, 2021

Southern Oregon Market Update Sept. 8, 2021

Full Video Transcript Below

[00:00:00] Good afternoon, everybody. Alice Lema here, broker John L. Scott here in Southern Oregon. And I'm about to do the weekly market statistics for our local housing market. And this is as of September 8th, 2021.

[00:00:15] In Jackson county. This week we had 132 new listings. We had 109 closed sales in Jackson county. We had 41 back on market. Those are people that lost their escrow and had to start over. 41 back on market. This week in Jackson county, we had 33 give up, 33 canceled and withdrawn. Average days on market 19 in Jackson county. That's still pretty quick. And the average sales price in Jackson county is 40 I'm sorry, $445,850. So almost 446,000 average sales price this week in Jackson county. And our average ratio price sold to listing price ratio in Jackson county this week was 98.5.

[00:01:02] Josephine county this week had 47 new listings, 36 closed sales that's in Josephine county. 51 pending sales. 12 back on market in Josephine county, 16 cancelled and withdrawn this week in Jackson county. And 24 average days on market in Josephine county.

[00:01:22] Average sales price was $471,897 in Josephine county. So right about 472,000, and our average sold price ratio to list price ratio in Josephine county was 96.49. So almost 96 and a half percent the soldto ratio to list price ratio in Josephine county.

[00:01:43] This week, Klamath county had 72 new listings, 48 closed sales, 51 pending sales in Klamath county, 16 back on market, eight canceled and withdrawn in Klamath county this week with an average days on market of 53 days in Klamath.

[00:02:02] The average sales price, $273,978. Well, that's basically $274,000 the average sales price in Klamath county this week. And the average sold price to list price ratio in Klamath county was 96.87. So those are our markets statistics for Southern Oregon ending in the week, September 8th, 2021.

[00:02:27] I'm Alice Lema, broker John L. Scott here in Southern Oregon. I'm around all weekend. I want to be your agent. So give me a call, give me a text (541)-301-7980. Have a beautiful weekend. Be safe and we'll talk to you again next week. Bye now.

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