**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 |
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30 -43% WoW 0% MoM |
For Sale Highlights
Website | For sale |
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65 -31% WoW 0% MoM |
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99 -23% WoW 0% MoM |
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61 -29% WoW 0% MoM |
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61 -29% WoW 0% MoM |
Rental Highlights
Website | For rent |
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|
140 -3% WoW 0% MoM |
Market Trends |
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Median days on market | 57 | 49 | 51 | – | – | ||||||||||
Median sale price | $471,527 | $425,000 | $435,000 | – | $423,158 | ||||||||||
Median list price | $449,995 | $485,000 | – | – | $483,150 | ||||||||||
Median price per sqft | $273 | $268 | $266 | – | – | ||||||||||
Percent sales under list price | – | – | – | – | 34.66% | ||||||||||
Percent sales over list price | – | – | 32.2% | – | 33.15% | ||||||||||
Percent homes with price drop | – | – | 35.2% | – | – |
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.