**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 |
|---|---|
 Zillow |
53 18% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Homes.com |
94 49% WoW 0% MoM |
 Realtor.com |
128 36% WoW 0% MoM |
 Trulia |
86 69% WoW 0% MoM |
| Zillow |
86 69% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
145 23% WoW 0% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | 56 | 49 | 51 | – | – | ||||||||||
| Median sale price | $472,438 | $425,000 | $434,000 | – | $433,800 | ||||||||||
| Median list price | $450,000 | $485,000 | – | – | $481,667 | ||||||||||
| Median price per sqft | $273 | $268 | $266 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 34.62% | ||||||||||
| Percent sales over list price | – | – | 32.3% | – | 31.87% | ||||||||||
| Percent homes with price drop | – | – | 36.9% | – | – | ||||||||||
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.
