Latest Housing Market Data Report, Salem, OR for Jul 29-Aug 05, 2024

**Last month sold data is not available in Realtor, Homes and Trulia

Sales rate = no of properties sold/avg no of properties listed

Sold Highlights

Website Sold
Redfin

42

5% WoW

-17% MoM

Zillow

38

6% WoW

-16% MoM

For Sale Highlights

Website For sale
Homes.com

69

-3% WoW

3% MoM

Realtor.com

107

1% WoW

4% MoM

Redfin

75

-7% WoW

-10% MoM

Trulia

65

2% WoW

6% MoM

Zillow

65

2% WoW

6% MoM

Rental Highlights

Website For rent
Zillow

151

3% WoW

11% MoM

WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.

MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.

Medain days on market: The median number of days that homes in Salem, OR remain listed before being sold.

Medain sale price: The median price at which homes across Salem, OR were sold.

Medain list price: The median price at which homes across Salem, OR were listed.

Medain price per sqft: The median sale price per square foot in Salem, OR.

Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.

Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.