**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 |
23 -53% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Homes.com |
76 -3% WoW 0% MoM |
 Realtor.com |
111 3% WoW 0% MoM |
 Redfin |
82 1% WoW 0% MoM |
 Trulia |
74 -3% WoW 0% MoM |
| Zillow |
74 -3% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
122 -9% WoW 0% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | 55 | 40 | 48 | None | None | ||||||||||
| Median sale price | $472,762 | $391,150 | $430,000 | – | $434,250 | ||||||||||
| Median list price | $450,000 | $492,000 | – | – | $478,300 | ||||||||||
| Median price per sqft | $273 | $273 | $266 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 33.25% | ||||||||||
| Percent sales over list price | – | – | 23.9% | – | 32.69% | ||||||||||
| Percent homes with price drop | – | – | 37.8% | – | – | ||||||||||
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.
