Where Have All The Houses Gone

Where Have All The Houses Gone

Talking with other Realtors these days, I keep hearing the same thing.

There are buyers... but they can't find any houses.

Looking at statistics in Ashland, Oregon for example. In the under $700,000 range, there are currently about 100 houses for sale. But in the last 6 months, 200 houses have sold or are under contract. 

Those ratios show a market that is short on listings.

Of those 100 listings, 60 of them have been on the market for greater than 4 months. Meaning that the house is probably overpriced for the current market, or has some very unique layout that is waiting for a specific buyer.

Of the 200 places sold, 75% of them sold in less than 4 months. 

So right now if you are looking to sell a home, if it is priced right we should be able to sell it pretty quickly for a fair market price. 

Anywhere in Jackson County, send me your address and I will get back to you and help you determine the value of your home. 

Adam Bogle Headshot
Phone: 541-708-3630
Dated: February 8th 2015
Views: 421
About Adam: ...

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eXp Realty Southern Oregon
320 E. Main St. #201
Ashland, OR 97520