**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 |
40 -5% WoW -17% MoM |
 Zillow |
35 -8% WoW -16% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Homes.com |
81 17% WoW 3% MoM |
 Realtor.com |
115 7% WoW 4% MoM |
| Redfin |
80 7% WoW -10% MoM |
 Trulia |
82 26% WoW 6% MoM |
| Zillow |
76 17% WoW 6% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
123 -19% WoW 11% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | 54 | 33 | 45 | None | None | ||||||||||
| Median sale price | $474,656 | $400,150 | $435,500 | – | $432,083 | ||||||||||
| Median list price | $450,000 | $485,000 | – | – | $473,267 | ||||||||||
| Median price per sqft | $273 | $271 | $267 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 3636.0% | ||||||||||
| Percent sales over list price | – | – | 256.0% | – | 3411.0% | ||||||||||
| Percent homes with price drop | – | – | 279.0% | – | – | ||||||||||
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.
