Feb 2010 Market Report for Oregon: RMLS

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Baker County, Oregon

January 2010 Reporting Period

Janauary Residential Highlights Sales in Baker County increased dramatically when comparing January 2010 with last January. Closed sales were up 150%. New listings also increased 52.9%, but pending sales droped 25%.

Sale Prices Sale prices decreased significantly this January compared to January 2009. The average sale price fell 68%, while the median dropped 90.2%. See residential highlights table below.

However, comparing this month to last month, December 2009, tells a different story. Closed sales fell 58.3% (5 v. 12). Pending sales were exactly the same and new listings increased 100% (26 v. 13).

Comparing prices for January 2010 with December 2009, the average sale price increased 22.5% ($130,300 v. $106,400), while the median sale price fell 62.2% ($40,000 v. $105,800).

Change

2009

2010

Baker County, Oregon Residential Highlights

New Listings

Pending Sales

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

January

26

9

5

130,300

40,000

185

Year-to-date

26

9

5

130,300

40,000

185

January

17

12

2

407,500

407,500

70

Year-to-date

17

12

2

407,500

407,500

70

January

52.9%

-25.0%

150.0%

-68.0%

-90.2%

164.0%

Year-to-date

52.9%

-25.0%

150.0%

-68.0%

-90.2%

164.0%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

Inventory in Months* 2008 2009 2010 January 10.6 61 32.4 February 17.2 19.3 March 10.5 50.3 April 8.1 21.9 May 23.3 16 June 12.0 18.5 July 11.4 11.2 August 12.1 13.9 September 5.9 11.1 October 9.6 9.6 November 15.3 16.8 December 25.6 12.3 *Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month. Percent Change of 12-Month Sale Price Compared With The Previous 12 Months Average Sale Price % Change: -12.5 ($126,600 v. $144,700) Median Sale Price % Change: 0% ($114,500 v. $114,500)

For further explanation of this measure, see the second footnote on page 2.

ACTIVE RESIDENTIAL LISTINGS

Active Residential Listings 200 180 160 140 120 100 80 60 40 20 0

Baker County, OR

This graph shows the active residential listings over the past three calendar years in Baker County, Oregon.

2008

2009

2010

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Baker County, Oregon RESIDENTIAL

COMMERCIAL

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

Year-To-Date

15

5

1

1

-

Sumpter/McEwen/Bourne/Phillips Lk/ Granit

18

1

2

Unity/Hereford

3

-

Huntington/Lime

2

Durkee/Pleasant Valley

464 465 466 467 468

8

185

-

-

-

-

1 -

-

-100.0%

-

-

-

1 -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

-

-

-

-

-

-

-

Richland/ New Bridge

11

1

-

-

-

-

-

1

Halfway/ Cornucopia

10

1

-

-

-

-

-

Oxbow

-

-

-

-

-

-

-

-

22

-

8

-20.0% -

130,300

40,000

-13.8%

1

79,500

-

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Avg. Sale Price % Change

2

5

Median Sale Price

Average Sale Price

Closed Sales

New Listings

130,300

-

Pending Sales 2010 v. 2009

Pending Sales 2010

4

Total Market Time

5

1

-20.0%

Average Sale Price

Closed Sales

Pending Sales 2010 v. 2009

Pending Sales 2010

Expired.Canceled Listings

3

New Listings

22

Haines/ Anthony Lk/ Muddy Crk

463

111

461

Baker City/ Keating

462

460

Active Listings

1

Current Month

-

-

-

-

-

-

-33.3%

-

-

-

-

-

-

-

-

-

42.4%

-

-

-

-

-

-

-

-

-

-

-100.0%

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-100.0%

-

-

-

-

-

-

1-

-

-

-

-41.4%

-

-

-

-

-

-

1 -

-

-

-

-

-6.4%

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-100.0%

-

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

NEW LISTINGS

New Listings

Baker County, OR

This graph shows

40 35

the new residential

30 25

listings over the past

20

three calendar years

15 10

Baker County, Oregon.

5 0

2008

2009

2010

2

© Copyright RMLS™ 2010. All Rights Reserved.

AVERAGE SALE PRICE

This graph represents the average sale price for all homes sold in Baker County, Oregon.

Baker County, OR

Average Sale Price $450,000 $400,000

$350,000 $300,000 $250,000 $200,000 $150,000

Jan-10

Dec-09

Oct-09

Nov-09

Sep-09

Aug-09

Jul-09

Jun-09

May-09

Apr-09

Mar-09

Jan-09

Feb-09

Dec-08

Nov-08

Oct-08

Sep-08

Aug-08

Jul-08

Jun-08

Apr-08

May-08

Mar-08

Feb-08

Jan-08

Dec-07

Nov-07

Oct-07

Aug-07

$50,000

Sep-07

$100,000

PENDING LISTINGS

Pending Sales

Baker County, OR

25

This graph represents

20

monthly accepted offers

15

in Baker County, Oregon

10

over the past three calendar years.

5 0

2008

2009

2010

3

© Copyright RMLS™ 2010. All Rights Reserved.

MuLTIPLE LISTING SERVICE

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689 Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342 Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817 Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

CLOSED SALES

This graph shows the closed sales over the past

Baker County, OR

three calendar years in Baker County, Oregon. Closed Sales

25 20 15 10 5 0

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341 Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

2008

Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083 The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

2010

DAYS ON MARKET This graph shows the average market time for sales Baker County, OR

in Baker County, Oregon. *As of August 2008, graph now reports “Total Days on Market” - for details read footnotes on page 2.

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320

2009

Average Market Time 300 250 200 150 100 50 0

2008 2009 TMT

2008 TMT 2010 TMT

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Columbia Basin, Oregon January Residential Highlights While pending sales in the Columbia Basin region declined 25.6% this month compared to January 2009, closed sales were exactly the same. On the other hand, new listings rose a slight 1.1%.

January 2010 Reporting Period

At the month’s rate of sales, the 467 active residential listings would last approximately 13.7 months.

Sale Prices The average sale price for January 2010 increased 11.7% when compared to the same month in 2009 and the median sale price increased 9.2%. See residential highlights table below.

Comparing activity in January 2010 with December 2009 shows a 20.8% (29 v. 24) increase in pending sales. However, closed sales fell 20.9% (34 v. 43) and new listings increased 61% (95 v. 59) driving an increase in inventory to the double digits for the first time since July 2009.

Comparing prices from January 2010 with those of December 2009, the average sale price fell 8.8% ($136,800 v. $150,000) and the median sale price dropped 5.8% ($124,300 v. $132,000).

Percent Change of 12-Month Sale Price Compared With The Previous 12 Months

Inventory in Months* 2008 2009 2010 January 12.3 13.5 13.7 February 11.3 19.6 March 10.2 11.5 April 7.1 16.2 May 7.8 12.5 June 9.4 8.2 July 7.7 13.0 August 10.8 8.9 September 12.1 8.3 October 9.7 6.4 November 14.2 7.4 December 10.1 9.9 *Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/081/31/09).

Average Sale Price % Change: -2.5% ($130,800 v. $134,100) Median Sale Price % Change: 0% ($125,500 v. $125,500)

Change

2009

2010

Columbia Basin Residential Highlights

New Listings

Pending Sales

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

January

95

29

34

136,800

124,300

127

Year-to-date

95

29

34

136,800

124,300

127

January

94

39

34

122500

113800

143

Year-to-date

94

39

34

122500

113800

143

January

1.1%

-25.6%

0.0%

11.7%

9.2%

-11.5%

Year-to-date

1.1%

-25.6%

0.0%

11.7%

9.2%

-11.5%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Columbia Basin, Oregon RESIDENTIAL

438

437

436

435

433

432

431

430

424

423

422

421

420

381

4

0

-

2

Condon/S

18

2

-

2

100.0%

1

20,000

126

Gilliam Co. Total

22

2

-

4

100.0%

1

-

Boardman/NW

10

2

-

1

0.0%

-

Irrigon

21

5

2

100.0%

Ione

6

1

-100.0%

Lexington

3

1

Heppner/S

11

2

Morrow Co. Total

51

11

Umatilla

24

Hermiston Stanfield

-

1

-

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

-

-

-

2

2

100.0%

1

-

2

4

100.0%

-

-

2

1

1

65,000

354

5

2

-

-

-

-

-

-

1

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Avg. Sale Price % Change

2

100.0%

Median Sale Price

Average Sale Price

Closed Sales

Pending Sales 2010 v. 2009

2

-

-38.9%

-

-

20,000

-

-

20,000

20,000

4.6%

-

-

-

-

-

1

20,000

20,000

-19.7%

-

-

20,000

-

-

0.0%

-

-

-

-7.7%

-

-

-

-

100.0%

1

65,000

65,000

-33.4%

-

1 -

-100.0%

-

-

-

-

-

-

-

-

-

-

-

-

-

1 -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

-

1

60,000

2

100.0%

-

-

-

2

2

100.0%

-

-

-

7.4%

-

-

4

5

25.0%

1

65,000

354

11

5

25.0%

1

65,000

65,000

-16.0%

-

-

11

1

2

-50.0%

3

108,000

78

11

2

-50.0%

3

108,000

117,500

-13.2%

-

-

-

-

117

27

11

8

-50.0%

15

153,900

102

27

8

-50.0%

15

153,900

144,000

1.9%

-

-

-

-

-

-

12

4

1

1

25,000

186

4

0

-

1

25,000

25,000

-20.3%

-

-

-

-

-

-

4

0

-100.0%

-

-

-

-100.0%

-

-

-

-5.3%

-

Pendleton City Limits

91

21

-28.6%

9

165,100

164

-28.6%

9

165,100

129,000

-2.6%

E-Meacham, Cayuse

3

1

-

-

-

-

90.4%

-

129

18

18

4

S-Pilot Rock, Ukiah

14

0

2

1

Umatilla Co. Total

394

82

44

20

Echo

NE-Athena, Helix, Adams, Weston, Mlt-Freewtr

-

-

-

Pending Sales 2010

New Listings

Total Market Time 4

-

Average Sale Price

Closed Sales

Pending Sales 2010

Expired.Canceled Listings

New Listings3

100.0%

Arlington/N

3

COMMERCIAL Year-To-Date

Pending Sales 2010 v. 20091

380

Active Listings

Current Month

-

-

-

-

11 -

5 -

-20.0% -39.4%

-

-

21

-

3

109,300

82

1

96,000

32

142,700

5

1 -

1

-

-

-

-

200,000

1

333,000

-

-

-

-

-

-

1

60,000

2

135,000

-

18

4

-20.0%

3

109,300

118,500

-0.8%

-

-

-

-

-

-

161

-

1

-

1

96,000

96,000

7.4%

-

-

-

-

-

-

120

82

20

-39.4%

32

142,700

130,000

-2.5%

2

© Copyright RMLS™ 2010. All Rights Reserved.

1

200,000

1

333,000

2

135,000

600

ACTIVE RESIDENTIAL LISTINGS

500

COLUMBIA BASIN, OR

400

This graph shows the active

300

residential listings over the

200

past three calendar years in

Active Residential Listings

100

Columbia Basin, Oregon.

0

2008

2009

2010

NEW LISTINGS

New Listings

COLUMBIA BASIN, OR

This graph shows

120

the new residential

100

listings over the past three calendar years in Columbia Basin, Oregon.

80 60 40 20 0

2008

2009

2010

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

3

Š Copyright RMLS™ 2010. All Rights Reserved.

PENDING LISTINGS

Pending Sales

COLUMBIA BASIN, OR

This graph represents

80 70

monthly accepted offers

60 50

in Columbia Basin,

40

Oregon over the past

30 20

three calendar years

10 0

2008

2009

2010

CLOSED SALES Closed Sales

COLUMBIA BASIN, OR

This graph shows the

80

closed sales over the past

70

three calendar years in

50

Columbia Basin, Oregon.

60 40 30 20 10 0

2008

2009

2010

DAYS ON MARKET

Average Market Time

COLUMBIA BASIN, OR

250

This graph shows the

200

average market time for

150

sales in Columbia Basin,

100

Oregon. *As of August

50

2008, graph now

0

reports “Total Days on Market” - for details 2008 2009 TMT

2008 TMT 2010 TMT

read footnotes on page 3.

4

© Copyright RMLS™ 2010. All Rights Reserved.

MULTIPLE LISTING SERVICE

$170,000

$160,000

Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

$150,000

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341

$120,000

$140,000 $130,000

$110,000 $100,000

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320 Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083 The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.

Jan-10

Dec-09

Oct-09

Nov-09

Sep-09

Jul-09

Aug-09

Jun-09

Apr-09

May-09

Mar-09

Jan-09

Feb-09

Dec-08

Oct-08

Nov-08

Sep-08

Jul-08

Aug-08

Jun-08

Apr-08

May-08

Mar-08

Jan-08

Feb-08

$80,000

Dec-07

$90,000 Aug-07

Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

homes sold in Columbia Basin, Oregon.

Average Sale Price

Oct-07

Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817

This graph represents the average sale price for all

COLUMBIA BASIN, OR

Nov-07

Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342

AVERAGE SALE PRICE

Sep-07

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Coos County, Oregon January Residential Highlights Sales activity in Coos County increased dramatically when comparing January 2010 with January 2009. Closed sales jumped 76.2% and pending sales were up 31.3%. New listings also rose 41%. At the month’s rate of sales, it would take approximately 17.2 months to sell the 635 active residential listings.

Change

2009

2010

Coos County Residential Highlights

New Listings

Pending Sales

January 2010 Reporting Period

Sale Prices While the number of sales increased compared to last year, however, the average and median sale price decreased significantly when comparing January 2010 with January 2009. The average sale price dropped 36.8%. Further, the median sale price fell 26.5%. See residential highlights table below.

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

Inventory in Months* 2008 2009 2010 January 25.3 31.2 17.2 February 18.2 29.1 March 19.4 20.5 April 20.3 19.5 May 16.6 24.2 June 20.5 18.8 July 18.8 17.8 August 17.9 15.6 September 16.2 13.5 October 16.9 10.4 November 27.1 13.8 December 24.9 11.5 *Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

January

117

42

37

134,200

125,000

163

Year-to-date

117

42

37

134,200

125,000

163

Percent Change of 12-Month Sale Price Compared With The Previous 12 Months

January

83

32

21

212,500

170,000

178

Average Sale Price % Change:

Year-to-date

83

32

21

212,500

170,000

178

-10.7% ($173,400 v. $194,100) Median Sale Price % Change:

January

41.0%

31.3%

76.2%

-36.8%

-26.5%

-8.4%

Year-to-date

41.0%

31.3%

76.2%

-36.8%

-26.5%

-8.4%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

-9.7% ($153,500 v. $170,000)

For further explanation of this measure, see the second footnote on page 2.

Active Residential Listings

ACTIVE RESIDENTIAL LISTINGS

900 850 800 750 700 650 600 550 500 450 400

Coos County, OR

This graph shows the active residential listings over the past three calendar years in Coos County, Oregon. 2008

2009

2010

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Coos County, Oregon RESIDENTIAL

COMMERCIAL Year-To-Date

Pending Sales 2010 v. 20091

Closed Sales

Average Sale Price

Total Market Time 4

-

-

-

-

10

233.3%

-

-

-

-

43

26

19

18.8%

12

138,300

217

43

19

18.8%

12

138,300

75

13

10

1

-50.0%

5

119,400

107

13

1

-50.0%

5

Lakeside

35

9

5

-

1

175,000

178

9

-

Myrtle Point

54

5

8

1

-66.7%

4

67,400

38

5

1

North Bend

112

32

11

11

37.5%

6

155,400

75

32

11

8

1

3

-

-

1

130,000

213

1

Powers

-

Closed Sales

Average Sale Price

Coquille

Average Sale Price

204

Closed Sales

Coss Bay

-

Average Sale Price

-

150,000

Closed Sales

-

8

Avg. Sale Price % Change

Broadbent

7

Median Sale Price

14

Average Sale Price

147

Closed Sales

Bandon

-

Pending Sales 2010 v. 2009

-

Pending Sales 2010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

237 -

14 -

MULTIFAMILY Year-To-Date

New Listings

Allegeny

LAND Year-To-Date

2

Pending Sales 2010

-

New Listings3

Expired.Canceled Listings

Year-To-Date

-

Active Listings 97466 97459 97458 97449 97423 97420 97414 97411 97407

Current Month

-

10 -

-21.1%

-

-

-

102,500

-7.5%

-

-

119,400

110,000

0.4%

-

-

1

175,000

175,000

-25.5%

-

-66.7%

4

67,400

69,800

-19.1%

37.5%

6

155,400

133,200

-10.6%

-

-

-

1

130,000

130,000

29.1%

-

-

-

-

-

233.3%

8 -

150,000 -

142,500 -

-

1

-

-

-

-

-

-

-

60,500

-

-

-

-

-

-

-

-

-

-

-

25,000

-

-

-

-

79,900

-

-

-

-

-

2

1 -

-

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

NEW LISTINGS

New Listings

Coos County, OR

This graph shows the

180 160 140 120 100 80 60 40 20 0

new residential listings over the past three calendar years in Coos County, Oregon.

2008

2009

2010

2

© Copyright RMLS™ 2010. All Rights Reserved.

AVERAGE SALE PRICE

This graph represents the average sale price for all homes sold in Coos County, Oregon.

Coos County, OR

Average Sale Price 350,000

300,000 250,000 200,000

150,000 100,000

Dec-09

Jun-09

Dec-08

Jun-08

Dec-07

Jun-07

Dec-06

Jun-06

Dec-05

Jun-05

Dec-04

Jun-04

Dec-03

Jun-03

Dec-02

Jun-02

Dec-01

Jun-01

Dec-00

Jun-00

0

Dec-99

50,000

PENDING LISTINGS

Pending Sales

Coos County, OR

This graph represents

80 70

monthly accepted of-

60 50

fers over the past three

40

calendar years in Coos

30 20

County, Oregon.

10 0

2008

2009

2010

3

© Copyright RMLS™ 2010. All Rights Reserved.

MuLTIPLE LISTING SERVICE

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689 Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342 Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817 Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

CLOSED SALES Coos County, OR

80 70 60 50 40 30 20 10 0

2008

Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083 The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

2009

2010

DAYS ON MARKET This graph shows the average market time for sales in Coos County, OR

Coos County, Oregon. *As of August 2008, graph now reports “Total Days on Market” - for details read footnotes on page 2.

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320

calendar years in Coos County, Oregon. Closed Sales

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341 Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

This graph shows the closed sales over the past three

Average Market Time 300 250 200 150 100 50 0

2008 2009 TMT

2008 TMT 2010 TMT

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor © Copyright RMLS™ 2010. All Rights Reserved.

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Curry County, Oregon January Residential Highlights Market activity was mixed in Curry County for January 2010 compared to the same month a year ago. Closed sales jumped 33.3%, but the number of pending sales was exactly the same and new listings fell 18%. Compared with December 2009, closed sales fell 42.9% (12 v. 21), pending sales dropped 15.8% (16 v. 19) and new listings increased 20.6% (41 v. 34).

Change

2009

2010

Curry County, Oregon Residential Highlights

New Listings

Pending Sales

January 2010 Reporting Period

Sale Prices While the number of sales increased, the average sale price for January 2010 decreased a significant 20.8% and the median sale price fell 34.3% when compared to January 2009. In addition, compared with December 2009, the average sale price dropped 8% ($227,000 v. $246,600). Further, the median sale price decreased 3.5% ($207,000 v. $214, 500).

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

Inventory in Months* 2008 2009 2010 January 21 52 38.1 February 37 35.8 March 36.5 25.2 April 28.9 29.2 May 26.6 45.1 June 36.4 27 July 30.1 21.3 August 29.7 23.6 September 38.9 18.4 October 26.7 23.9 November 43.7 16.9 December 65.1 21.6 *Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

January

41

16

12

227,000

207,000

288

Year-to-date

41

16

12

227,000

207,000

288

Percent Change of 12-Month Sale Price Compared With The Previous 12 Months

January

50

16

9

286,600

315,000

201

Average Sale Price % Change:

Year-to-date

50

16

9

286,600

315,000

201

-10.2% ($264,100 v. $294,200)

January

-18.0%

0.0%

33.3%

-20.8%

-34.3%

43.4%

Year-to-date

-18.0%

0.0%

33.3%

-20.8%

-34.3%

43.4%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

Active Residential Listings

Median Sale Price % Change: -9.9% ($222,000 v. $246,500)

For further explanation of this measure, see the second footnote on page 2.

ACTIVE RESIDENTIAL LISTINGS

700 600

CURRY County, OR

500

This graph shows the active

400

residential listings over the past three calendar years in

300

Curry County, Oregon. 2008

2009

2010

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Curry County, Oregon RESIDENTIAL

COMMERCIAL

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

Year-To-Date

6

294,500

216,000

-8.9%

Harbor, Winchuck, SB Chetco

71

6

5

2

-66.7%

1

150,000

128

6

2

-66.7%

1

150,000

150,000

17.5%

-

-

Carpenterville, Cape Ferrello, Whaleshead

35

2

5

1

-

2

1

N/A

-25.9%

-

-

Gold Beach

131

10

8

6

50.0%

4

185,800

246

10

6

50.0%

4

185,800

221,500

-26.7%

Port Orford

55

2

7

2

100.0%

1

63,900

14

2

2

100.0%

1

63,900

63,900

-4.6%

274

-50.0%

-

-50.0%

-

-

1

-

Closed Sales

New Listings

4

Total Market Time

Average Sale Price

Closed Sales

-

1

275,000

2

-

1

180,000

Average Sale Price

66.7%

Closed Sales

5

Average Sale Price

21

Closed Sales

389

Average Sale Price

2

Median Sale Price

294,500

Avg. Sale Price % Change

Average Sale Price

6

Closed Sales

66.7%

271

Pending Sales 2010 v. 2009

Pending Sales 2010

5

Pending Sales 2010

Expired.Canceled Listings

13

3

New Listings

21

Active Listings

270

165

273

City, Airport, Marina Hts., NB Chetco

272

Pending Sales 2010 v. 2009

1

Current Month

-

-

-

-

-

85,000

-

-

74,500

-

-

-

-

-

-

-

-

-

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

NEW LISTINGS

New Listings

CURRY County, OR 100 90 80 70 60 50 40 30 20 10 0

This graph shows the new residential listings over the past three calendar years in Curry County, Oregon.

2008

2009

2010

2

© Copyright RMLS™ 2010. All Rights Reserved.

AVERAGE SALE PRICE

This graph represents the average sale price for all homes sold in Curry County, Oregon.

CURRY County, OR

Average Sale Price $500,000 $450,000

$400,000 $350,000 $300,000

$250,000 $200,000 $150,000

Dec-09

Jun-09

Dec-08

Jun-08

Dec-07

Jun-07

Dec-06

Jun-06

Dec-05

$100,000

PENDING LISTINGS

Pending Sales

CURRY County, OR

40

This graph represents

35

monthly accepted offers

30 25

over the past three

20

calendar years in Curry

15 10

County, Oregon.

5 0

2008

2009

2010

3

© Copyright RMLS™ 2010. All Rights Reserved.

MULTIPLE LISTING SERVICE

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689 Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342 Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817 Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

CLOSED SALES

This graph shows the closed sales over the past

CURRY County, OR

three calendar years in Curry County, Oregon. Closed Sales

35 30 25 20 15 10 5 0

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341 Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

2008

DAYS ON MARKET CURRY County, OR

Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083 The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

2010

This graph shows the average market time for sales in Curry County, Oregon. *As of August 2008, graph now reports “Total Days on Market” - for details read footnotes on page 2.

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320

2009

Average Market Time 400 350 300 250 200 150 100 50 0

2008 2009 TMT

2008 TMT 2010 TMT

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Douglas County, Oregon January Residential Highlights Compared to last January, market activity in Douglas County was up. Closed sales increased 58.3%. In addition, pending sales grew 21.2%. Further, new listings rose 5.7%. While pending sales increased 53.9% (80 v.52) when comparing January 2010 with December 2009, new listings rose 109.4% (222 v. 106) and closed sales dropped 21.9% (57 v. 73) driving the inventory to the highest it’s been since March 2009. At the month’s rate of sales,

January 2010 Reporting Period

the 1,104 active residential listings would last approximately 19.4 months.

Inventory in Months* 2008 2009 2010 January 20.4 30.3 19.4 February 17 24.4 March 19.6 20.9 April 14.2 18.9 May 16 16.7 June 18.8 15.4 July 19 15.8 August 20.3 18.1 September 15.7 15.3 October 17.6 14.9 November 18.3 15.1 December 18.9 14.3

Sale Prices The average sale price for January 2010 was up 1.9% compared to January 2009, but the median sale price dropped 5.9%. See residential highlights table below. When comparing January 2010 to the previous month of December 2009, the average sale price fell 9.8% ($153,200 v. $169,900). In addition, the median sale price decreased 2% ($140,000 v. $142,900).

Percent Change of 12-Month Sale Price Compared With The Previous 12 Months

*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

Average Sale Price % Change: -15.1% ($160,100 v. $188,500) Median Sale Price % Change: -7.4% ($148,000 v. $159,900)

Change

2009

2010

Douglas County, Oregon Residential Highlights

New Listings

Pending Sales

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

January

222

80

57

153,200

140,000

205

Year-to-date

222

80

57

153,200

140,000

205

January

210

66

36

150,300

148,800

161

Year-to-date

210

66

36

150,300

148,800

161

January

5.7%

21.2%

58.3%

1.9%

-5.9%

26.9%

Year-to-date

5.7%

21.2%

58.3%

1.9%

-5.9%

26.9%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Douglas County, Oregon RESIDENTIAL Year-To-Date

COMMERCIAL

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

112,500

-19.0%

-

-

NW Roseburg

101

23

5

7

-12.5%

8

267,100

263

23

7

-12.5%

8

267,100

226,000

-4.4%

-

-

SE Roseburg

64

11

3

3

50.0%

3

116,300

119

11

3

50.0%

3

116,300

102,000

-17.7%

-

-

-

SW Roseburg

93

21

13

8

60.0%

4

169,600

316

21

8

60.0%

4

169,600

171,000

-16.8%

-

-

-

Glide & E of Roseburg

52

8

13

2

100.0%

2

281,000

149

8

2

100.0%

2

281,000

281,000

-14.4%

-

-

1

Sutherlin/ Oakland Area

139

25

16

5

-16.7%

4

101,200

233

25

5

-16.7%

4

101,200

90,000

-20.8%

-

-

2

Winston & SW of Roseburg

110

22

14

13

44.4%

4

116,000

153

22

13

44.4%

4

116,000

122,800

-18.9%

-

-

Myrtle Creek & S/SE of Roseburg

146

28

16

8

0.0%

8

136,400

145

28

8

0.0%

8

136,400

117,800

-10.7%

-

-

4

Green District

107

17

4

10

100.0%

4

121,400

203

17

10

100.0%

4

121,400

133,300

-20.6%

-

-

1

North Douglas County

153

38

20

12

33.3%

6

99,200

259

38

12

33.3%

6

99,200

88,800

-11.8%

-

-

1,104

222

122

80

21.2%

57

153,200

205

222

80

21.2%

57

153,200

140,000

-15.1%

-

251 252 253 254 259 265

Grand Total

New Listings

4

Total Market Time

3

New Listings

Closed Sales

-

2

-

-

-

-

-

-

-

-

-

-

-

-

164,000

-

-

1,174,000

-

-

-

-

196,300

-

-

45,000

-

-

-

-

-

347,500

-

10

Average Sale Price

140,400

Closed Sales

14

Average Sale Price

-7.7%

Average Sale Price

Avg. Sale Price % Change

12

Closed Sales

Median Sale Price

29

255

2

Average Sale Price

185

Closed Sales

140,400

256

Pending Sales 2010 v. 2009

14

Pending Sales 2010

-7.7%

Average Sale Price

12

Closed Sales

18

257

Pending Sales 2010 v. 2009

29

Pending Sales 2010

139

Active Listings

NE Roseburg

258

Expired.Canceled Listings

1

Current Month

403,700

-

-

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

2

© Copyright RMLS™ 2010. All Rights Reserved.

1500

ACTIVE RESIDENTIAL LISTINGS

1400

DOUGLAS COUNTY, OR

1300

This graph shows the active

Active Residential Listings

1200

residential listings over the

1100

past three calendar years in

1000 900

Douglas County, Oregon.

800

2008

2009

2010

NEW LISTINGS

New Listings

DOUGLAS COUNTY, OR

This graph shows the new residential listings over the past three calendar years in Douglas County, Oregon.

280 260 240 220 200 180 160 140 120 100

2008

2009

2010

PENDING LISTINGS

Pending Sales

DOUGLAS COUNTY, OR

120

This graph represents

100

monthly accepted

80

offers over the past

60

three calendar years

40

in Douglas County,

20

Oregon.

0

2008

2009

2010

3

© Copyright RMLS™ 2010. All Rights Reserved.

CLOSED SALES

Closed Sales

DOUGLAS COUNTY, OR

This graph shows the

90 80 70 60 50 40 30 20 10 0

closed sales over the past three calendar years in Douglas County, Oregon.

2008

AVERAGE SALE PRICE

2009

2010

This graph represents the average sale price for all homes sold in Douglas County, Oregon.

DOUGLAS COUNTY, OR

Average Sale Price $260,000 $240,000

$220,000 $200,000 $180,000 $160,000 $140,000

4

© Copyright RMLS™ 2010. All Rights Reserved.

Dec-09

Jun-09

Dec-08

Jun-08

Dec-07

Jun-07

Dec-06

Jun-06

Dec-05

Jun-05

Dec-04

Jun-04

Dec-03

Jun-03

Dec-02

Jun-02

Dec-01

Jun-01

Dec-00

Jun-00

$100,000

Dec-99

$120,000

MULTIPLE LISTING SERVICE

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689 Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342 Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817 Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

DAYS ON MARKET DOUGLAS COUNTY, OR

This graph shows the average market time for sales in Douglas County, Oregon. *As of August 2008, graph now reports “Total Days on Market” - for details read footnotes on page 2. Average Market Time 250 200

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341

150

Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

50

100

0

2008 2009 TMT

2008 TMT 2010 TMT

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320 Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083 The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Lane County, Oregon January Residential Highlights Market Activity in the Greater Lane County continued to grow when comparing January 2010 with the same time in 2009. Closed sales rose 41.1% and pending sales were up 20.8%. New listings also increased 6.1%. Pending sales were also up 28.2% (232 v. 181) when comparing January 2010 with December 2009. However, closed sales fell 45.3% (134 v. 245) and new listings grew 73.2% (523 v. 302) driving Inventory in months to double digits for the first time since April 2009.

January 2010 Reporting Period

At the curernt month’s rate of sales, the 1,885 active residential listings would last approximately 14.1 months.

Inventory in Months* 2008 2009 2010 January 10.2 20.6 14.1 February 9 13.1 March 8.4 9.7 April 9.5 10.5 May 8.6 8.1 June 8.1 6.8 July 8.8 6.2 August 8.1 7.8 September 10.2 6.8 October 9.2 6.2 November 11.4 7.3 December 10.7 7.1

Sale Prices The average sale price for January 2010 increased 1.1% compared to January 2009. In addition, the median sale price rose 6.1%. See residential highlights table below. Furthermore, comparing January 2010 with December 2009, median sale price 2.1% (199,000 v. 194,900). However, average sale price decreased 1.9% (216,400 v. 220,600).

Percent Change of 12-Month Sale Price Compared With The Previous 12 Months

*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

Average Sale Price % Change: -8.1% ($225,600 v. $245,500) Median Sale Price % Change: -8.3% ($200,000 v. $218,200)

Change

2009

2010

Greater Lane County, Oregon Residential Highlights

New Listings

Pending Sales

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

January

523

232

134

216,400

199,000

125

Year-to-date

523

232

134

216,400

199,000

125

January

493

192

95

214,000

187,500

123

Year-to-date

493

192

95

214,000

187,500

123

January

6.1%

20.8%

41.1%

1.1%

6.1%

1.9%

Year-to-date

6.1%

20.8%

41.1%

1.1%

6.1%

1.9%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Lane County, Oregon RESIDENTIAL

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

Year-To-Date

-

1

79,900

14

1

-

226

35

1

2

-

-100.0%

-

-

--

1

-

Florence Florentine

15

3

1

2

100.0%

-

-

--

3

Florence Town

131

16

14

8

14.3%

3

165,000

228

Florence Beach

41

4

3

4

100.0%

2

132,500

Florence North

55

11

6

5

-

-

Florence South/ Dunes City

53

3

3

5

-

Florence East/ Mapleton

33

5

2

2

384

44

33

Hayden Bridge

52

17

McKenzie Valley

229 230

-

-

Average Sale Price

79,900

16.1%

-100.0% -

-

-

-7.7%

-

-

-

--

-

-

2

100.0% -

-

-

-10.7%

-

-

-

--

-

-

16

8

14.3%

3

165,000

150,000

-8.9%

-

-

-

-

706

4

4

100.0%

2

132,500

132,500

-20.1%

-

-

-

-

-

--

11

5

- -

-

-

-24.4%

2

226,000

808

3

5

-

2

226,000

226,000

-34.7%

-

-

0.0%

1

147,000

570

5

2

0.0%

1

147,000

147,000

-28.4%

-

-

26

100.0%

9

159,900

477

44

26

100.0%

9

159,900

147,000

-16.3%

-

10

8

60.0%

3

214,200

215

17

8

60.0%

3

214,200

220,000

-11.4%

-

-

-

Closed Sales

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Avg. Sale Price % Change

Median Sale Price

Average Sale Price

79,900

-

-

-

-

1

225,000

-

-

-

--

2

98,500

-

-

-

-

-

-

-

2

98,500

1

225,000

-

4

83,200

0

-

11

11

3

200.0%

3

330,000

294

11

3

200.0%

3

330,000

200,000

-25.4%

-

-

1

104,000

0

-

Pleasant Hill/Oak

104

15

8

6

100.0%

7

183,900

122

15

6

100.0%

7

183,900

160,000

-12.2%

-

-

1

90,000

0

-

South Lane Properties

223

56

33

15

-37.5%

10

163,600

192

56

15

-37.5%

10

163,600

149,800

-6.3%

-

-

-

-

0

-

West Lane Properties

111

23

12

18

63.6%

3

249,000

21

23

18

63.6%

3

249,000

200,000

-9.7%

-

-

-

-

0

-

Junction City

121

20

24

5

-61.5%

4

298,000

302

20

5

-61.5%

4

298,000

293,500

-3.3%

-

-

-

-

0

-

Thurston

143

38

14

17

88.9%

13

188,000

123

38

17

88.9%

13

188,000

167,500

-6.8%

-

-

-

-

1

Coburg I-5

31

10

11

2

0.0%

3

423,300

134

10

2

0.0%

3

423,300

430,000

6.7%

-

-

-

-

0

-

N Gilham

-

250

249

248

247

246

245

244

243

242

241

240

239

237

80

234

1

235

-

236

233

232

Grand Total

Closed Sales

New Listings

-

2

Pending Sales 2010 v. 2009

Pending Sales 2010

4

Total Market Time

Average Sale Price

2

227

Closed Sales

Pending Sales 2010 v. 2009

1

231

Pending Sales 2010

Expired.Canceled Listings

225

21

Florence Green Trees

228

Florence Coast Village

238

New Listings

3

Active Listings

1

Current Month

COMMERCIAL

225,000

72

21

6

6

100.0%

5

333,200

208

21

6

100.0%

5

333,200

257,000

1.4%

-

-

-

-

0

Ferry Street Bridge

120

37

11

26

52.9%

8

328,000

215

37

26

52.9%

8

328,000

317,500

-3.4%

-

-

-

-

4

E Eugene

118

47

18

14

0.0%

10

292,000

137

47

14

0.0%

10

292,000

244,800

-7.4%

-

-

0

-

SW Eugene

181

53

18

29

61.1%

12

251,100

81

53

29

61.1%

12

251,100

236,500

-6.1%

2

76,300

0

-

W Eugene

43

13

7

8

33.3%

3

193,300

102

13

8

33.3%

3

193,300

175,000

-12.2%

1

29,000

0

-

148

52

25

22

0.0%

18

131,200

52

52

22

0.0%

18

131,200

135,500

-5.5%

-

-

-

-

1

209,900

River Road

51

21

7

6

-25.0%

7

185,900

112

21

6

-25.0%

7

185,900

182,000

-8.2%

-

-

-

-

1

255,600

Santa Clara

108

31

9

23

43.8%

15

206,200

69

31

23

43.8%

15

206,200

199,000

-11.6%

-

-

-

-

1

280,000

Springfield

151

50

16

23

35.3%

10

123,400

108

50

23

35.3%

10

123,400

122,900

-16.3%

1

28,000

-

-

0

28

8

5

1

-66.7%

-

-

--

8

1

-66.7%

-

-

-

-28.9%

-

-

-

--

-

-

1,885

523

245

232

20.8%

134

216,400

125

523

232

20.8%

134

216,400

199,000

-8.1%

3

157,700

9

78,700

8

254,400

Danebo

Mohawk Valley Grand Total

2

© Copyright RMLS™ 2010. All Rights Reserved.

1 -

345,000 -

1

100,000

266,200

-

ACTIVE RESIDENTIAL LISTINGS

Active Residential Listings 2800 2600 2400 2200 2000 1800 1600 1400 1200 1000

LANE COUNTY, OR

This graph shows the active residential listings over the past three calendar years in Lane County, Oregon.

2008

2009

2010

NEW LISTINGS

New Listings

LANE COUNTY, OR

This graph shows the

800

new residential listings

700

over the past three

500

600

calendar years in Lane

400

County, Oregon.

200

300 100 0

2008

2009

2010

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

3

Š Copyright RMLS™ 2010. All Rights Reserved.

PENDING LISTINGS

Pending Sales

LANE COUNTY, OR

This graph represents

400 350

monthly accepted offers

300

in Lane County, Oregon

250 200 150

over the past three

100

calendar years.

50 0

2008

2009

2010

CLOSED SALES

Closed Sales

LANE COUNTY, OR

This graph shows the closed sales over the past three calendar years in Lane County, Oregon.

350 300 250 200 150 100 50 0

2008

2009

2010

DAYS ON MARKET

Average Market Time

LANE COUNTY, OR 160 140

This graph shows the

120

average market time for

100

sales in Lane County,

80 60

Oregon. *As of August

40

2008, graph now reports

20 0

“Total Days on Market” - for details read 2008 2009 TMT

2008 TMT 2010 TMT

4

© Copyright RMLS™ 2010. All Rights Reserved.

footnotes on page 3.

MULTIPLE LISTING SERVICE

$300,000 $280,000 $260,000

$240,000 $220,000 $200,000

$180,000

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341

$160,000

Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

$100,000

$140,000

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320 Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083 The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.

Dec-09

Jun-09

Dec-08

Jun-08

Dec-07

Jun-07

Dec-06

Jun-06

Dec-05

Jun-05

Dec-04

Jun-04

Dec-03

Jun-03

Dec-02

Jun-02

Dec-99

$120,000 Dec-01

Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

homes sold in Greater Lane County, Oregon. Average Sale Price

Jun-01

Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817

This graph represents the average sale price for all

LANE COUNTY, OR

Dec-00

Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342

AVERAGE SALE PRICE

Jun-00

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Mid-Columbia January Residential Highlights Closed and pending sales increased dramatically when comparing January 2010 with the same month in 2009. Pending sales increased 38.5%, while closed sales jumped 73.7%. On the other hand, new listings fell 12%. Pending sales also increased 16.1% (36 v. 31) when comparing January 2010 with December 2009. However, closed sales fell 13.2% (33 v. 38) and new listings increased 58.7% (73 v. 46) driving inventory to the highest it’s been since April 2009.

January 2010 Reporting Period At the month’s rate of sales, the 627 active residential listings would last approximately 19 months.

Sale Prices The average sale price for January 2010 was up 5.7% compared to January 2009, and the median sale price increased 18.9%. See residential highlights table below. Compared with December 2009, average sale price increased 24.7% ($263,900 v. $211,600) and the median sale price was exactly the same ($220,000).

Percent Change of 12-Month Sale Price Compared With The Previous 12 Months

Inventory in Months* 2008 2009 2010 January 17.3 33.5 19 February 17.6 31 March 16.3 27.3 April 16.8 20.5 May 13.3 13.5 June 18.8 15.8 July 14.8 13.2 August 16.2 17.1 September 13.6 14.3 October 12.6 9.6 November 20.9 12.9 December 16.4 15.2 *Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/081/31/09).

Average Sale Price % Change: -12.0% ($232,600 v. $264,300) Median Sale Price % Change: -10.9% ($200,500 v. $225,000)

Change

2009

2010

Mid-Columbia Residential Highlights

New Listings

Pending Sales

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

January

73

36

33

263,900

220,000

171

Year-to-date

73

36

33

263,900

211,000

171

January

83

26

19

249,600

185,000

168

Year-to-date

83

26

19

249,600

185,000

168

January

-12.0%

38.5%

73.7%

5.7%

18.9%

1.8%

Year-to-date

-12.0%

38.5%

73.7%

5.7%

14.1%

1.8%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Mid-Columbia RESIDENTIAL Year-To-Date

COMMERCIAL

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

100 101 102 103 104 105 106 107

Centerville/ High Prarie

108

Goldendale

109

Bickleton/ East County Klickitat

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Avg. Sale Price % Change

Median Sale Price

Average Sale Price

Closed Sales

New Listings

2

Pending Sales 2010 v. 2009

Pending Sales 2010

4

Total Market Time

Average Sale Price

Closed Sales

Pending Sales 2010 v. 2009

Pending Sales 2010

Expired.Canceled Listings

3

New Listings

1

40,000

0

9

4

300.0%

1

40,000

258,500

-9.8%

0

0

0

0

0

0

-

-

-

-

1

-

-

-

-

310,000

9.1%

-

-

-

--

-

-

8

1

0

0

19

0

0

0

-

-

-

-

0

-

-

-

-

409,800

32.1%

-

-

-

--

-

-

15

-

0

0

-100.0%

0

0

0

0

0

-100.0%

0

0

230,000

-59.5%

0

0

1

80,000

0

0

16

3

1

0

-

-

-

-

3

-

-

-

-

190,000

-18.5%

-

-

-

--

-

-

-23.3%

0

0

1

80,400

0

0

13

1

0

0

-

0

0

0

1

-

-

0

0

152,500

8

2

0

0

-

0

0

0

2

0

-

0

0

149,500

0

0

1

39,000

0

0

3

0

1

0

-

-

-

-

0

-

-

-

-

68,000

-59.4%

-

-

-

--

-

-

37

6

3

1

0.0%

1

170,000

48

6

1

0.0%

1

170,000

132,000

-5.4%

0

0

1

42,500

1

305,000

2

0

0

0

-

0

0

0

0

0

-

0

0

60,000

-

0

0

1

19,000

0

0

-

11

-

1

0

-

-

-

-

0

-

-

-

-

70,000

-64.5%

-

-

-

--

-

-

194

22

9

5

66.7%

2

105,000

24

22

5

66.7%

2

105,000

105,000

-14.1%

0

-

5

52,200

1

305,000

111

Appleton/ Timber Valley

300.0%

Skamania

5

0

0

0

-

-

-

-

0

-

-

-

-

167,500

-60.8%

-

-

-

--

-

-

112

Dallesport/ Murdock

4

North Bonnevile

14

2

1

0

-100.0%

-

-

-

2

-

-100.0%

-

-

168,000

-24.3%

-

-

-

--

-

-

113

Lyle

3

Stevenson

28

2

2

0

-100.0%

4

212,500

49

2

0

-100.0%

4

212,500

207,500

-5.4%

0

0

0

0

0

0

114

Husum/ BZ Corner

9

Carson

14

1

0

1

0.0%

3

137,300

235

1

1

0.0%

3

137,300

130,000

-17.1%

0

0

0

0

0

0

115

Trout Lake/ Glenwood

62

Home Valley

2

-

0

0

-

-

-

-

0

-

-

-

-

-

-

-

-

--

-

-

116

Snowden

Cook, Underwood, Mill A, Willard

11

1

2

0

-

-

-

-

1

-

-

-

-

265,000

-27.8%

-

-

-

--

-

-

117

White Salmon/ Bingen

110

Active Listings

1

Current Month

Unincorporated North

25

2

1

1

-

-

-

-

2

1

-

-

-

90,000

3.3%

-

-

-

--

-

-

Skamania Co. Total

99

8

6

2

-33.3%

7

180,300

129

8

2

-33.3%

7

180,300

185,000

-21.9%

0

-

0

-

0

-

135

15

9

13

85.7%

6

179,800

99

15

13

85.7%

6

179,800

180,000

-4.5%

0

0

0

0

1

149,900

4

1

1

0

-100.0%

-

-

-

1

-

-100.0%

-

-

153,000

15.4%

-

-

-

--

-

-

-

-

-

0

1

-

-

-

160,000

-8.6%

-

-

-

--

-

-

351

The Dalles

352

Dufur

353

Tygh Valley

4

0

0

1

-

354

Wamic/ Pine Hollow

13

0

0

0

-100.0%

-

-

-

0

-

-100.0%

-

-

139,000

-39.5%

-

-

-

--

-

-

355

Maupin/ Pine Grove

6

1

1

1

-

1

135,000

70

1

1

-

1

135,000

135,000

-39.2%

0

0

1

57,000

0

0

356

-

Rowena

5

1

0

0

-

-

-

-

1

-

-

-

-

-

-100.0%

-

-

-

--

-

-

357

Klickitat Co. Total

Mosier

-

-

3

-

-100.0%

-

-

311,900

-0.1%

-

-

-

--

-

-

181

21

13

15

50.0%

7

173,400

95

21

15

50.0%

7

173,400

180,000

-6.9%

0

-

1

57,000

1

149,900

14

5

1

1

-50.0%

-

-

-

5

1

-50.0%

-

-

155,000

-10.3%

-

-

-

--

-

-

72

7

5

7

75.0%

9

316,600

190

7

7

75.0%

9

316,600

280,500

-11.2%

2

484,100

0

0

0

0

24

7

5

3

50.0%

6

398,100

281

7

3

50.0%

6

398,100

339,500

-4.3%

0

0

0

0

0

0

6

-

0

0

-

1

610,000

563

0

-

-

1

610,000

417,500

-22.8%

0

0

0

0

0

0

361

-

Cascade Locks

362

-100.0%

Hood River City

363

0

Hood River-W

364

2

Hood River-E

366

3

Odell

367

14

Wasco Co. Total

Parkdale/ Mt. Hood

370

Hood River Co. Total Sherman Co.

9

-

1

2

-

1

175,000

71

0

2

-

1

175,000

242,500

-13.1%

0

0

0

0

0

0

23

3

0

1

-50.0%

-

-

-

3

1

-50.0%

-

-

310,000

-11.7%

-

-

-

--

-

-

148

22

12

14

40.0%

17

354,300

237

22

14

40.0%

17

354,300

289,000

-10.6%

2

484,100

0

-

0

-

5

0

1

0

-

-

-

-

0

-

-

-

-

85,500

-8.6%

-

-

-

--

-

-

2

© Copyright RMLS™ 2010. All Rights Reserved.

ACTIVE RESIDENTIAL LISTINGS

Active Residential Listings 1000

Mid-CoLUMBIA

900 800

This graph shows

700

the active residential

600

listings over the past

500

three calendar years

400

in Mid-Columbia.

300

2008

2009

2010

NEW LISTINGS

New Listings

Mid-CoLUMBIA

This graph shows the new residential listings over the past three calendar years in Mid-Columbia.

250 200 150 100

50 0

2008

2009

2010

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

3

Š Copyright RMLS™ 2010. All Rights Reserved.

PENDING LISTINGS

Pending Sales

Mid-CoLUMBIA

This graph represents

90 80 70 60 50 40 30 20 10 0

monthly accepted offers in Mid-Columbia over the past three calendar years.

2008

2009

2010

CLOSED SALES

Closed Sales

Mid-CoLUMBIA

This graph shows the

80

closed sales over the past

60

70

three calendar years in

50

Mid-Columbia.

30

40 20 10 0

2008

Average Market Time

2009

2010

DAYS ON MARKET Mid-CoLUMBIA

250 200

This graph shows the

150

average market time for

100

sales in Mid-Columbia. *As of August 2008,

50

graph now reports

0

“Total Days on Market” - for details read 2008 2009 TMT

2008 TMT 2010 TMT

4

© Copyright RMLS™ 2010. All Rights Reserved.

footnotes on page 3.

MULTIPLE LISTING SERVICE

Average Sale Price $350,000

$300,000

Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

$250,000

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341

$150,000

$200,000

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320 Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083 The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.

Dec-09

Sep-09

Jun-09

Mar-09

Dec-08

Sep-08

Jun-08

Mar-08

Dec-07

$100,000 Dec-06

Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

homes sold in Mid-Columbia.

Sep-07

Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817

This graph represents the average sale price for all

Mid-CoLUMBIA

Jun-07

Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342

AVERAGE SALE PRICE

Mar-07

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Metro Portland, Oregon January Residential Highlights While not quite as dramatic as last month, sales activity in the Portland metro area continued to show improvement in January 2010 compared to the same month a year ago. Closed sales were up 34.7% compared to January 2009 and pending sales rose 24.3%. However, new listings fell 6.2%. Pe n d i n g s a l e s w e r e a l s o up 34.5% (1,535 v. 1,141) when compa red to December 20 09. On the other hand, closed sales fell 34.5% (986 v. 1,506) and new listings grew 87.1% (3,937 v. 2,104) driving inventory to double digits for the first time since May of 2009. At the month’s rate of sales, it would take approximately 12.6 months to sell the 12,449 active residential listings.

Change

2009

2010

Portland Metro Residential Highlights

January 2010 Reporting Period

Sale Prices T he average sa le pr ice for Ja nu a r y 2010 wa s dow n 5 % compared to January 2009, while the median sale price declined 4%. Compared to December 2009, the average price decreased 3.7% ($282,400 v. $293,300) and the media n fell 0.9% ($ 240,000 v. $242,200).

Counties The greater Portland Metro area reports in this newsletter include the five counties below. Each year we review the difference between the average sale price in each county. Clackamas Columbia Multnomah Washington Yamhill

New Listings

Pending Sales

Average Change Sale Price 08 v. 09 $336,100 -10.6% $193,300 -16.2% $285,300 -14.0% $281,300 -11.1% $227,300 -14.8%

Closed Sales

Average Sale Price

Inventory in Months* 2008 2009 2010 January 12.8 19.2 12.6 February 10.4 16.6 March 9.1 12 April 10.3 11 May 9.2 10.2 June 9.5 8.2 July 10 7.3 August 9.9 7.8 September 10.4 7.6 October 11.1 6.5 November 15 7.1 December 14.1 7.7 *Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month. Percent Change of 12-Month Sale Price Compared With The Previous 12 Months Average Sale Price % Change: -11.7% ($289,200 v. $327,700) Median Sale Price % Change: -10.5% ($246,000 v. $275,000)

For further explanation of this measure, see the second footnote on page 2.

Median Sale Price

Total Market Time

January

3,937

1,535

986

282,400

240,000

145

Year-to-date

3,930

1,535

984

282,400

240,000

145

January

4,196

1,235

732

297,200

250,000

152

Year-to-date

4,196

1,235

732

297,200

250,000

152

January

-6.2%

24.3%

34.7%

-5.0%

-4.0%

-4.7%

Year-to-date

-6.3%

24.3%

34.4%

-5.0%

-4.0%

-4.7%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Metro Portland Adjacent AREA REPORT ● 1/2010& ● Portland MetroRegions, Area

68

23.6%

32

241,300

212,500

-10.9%

NE Portland

893

363

168

161

18.4%

97

276,200

144

363

161

18.4%

97

276,200

242,500

-10.0%

1

SE Porltand

1,297

442

212

197

3.1%

146

228,500

140

441

197

3.1%

146

228,500

192,500

-11.8%

898

299

140

107

46.6%

72

211,800

120

298

107

46.6%

72

211,800

199,000

919

337

155

109

16.0%

60

259,900

130

337

109

16.0%

59

263,200

249,000

725

206

103

84

25.4%

68

237,500

132

206

84

25.4%

68

237,500

920

275

160

75

53.1%

50

414,900

215

274

75

53.1%

50

1,527

450

271

149

43.3%

110

426,400

147

447

149

43.3%

481

152

96

64

30.6%

45

377,500

175

152

64

1,009

389

188

155

19.2%

86

242,600

129

387

1,017

320

194

133

47.8%

89

314,000

184

865

233

125

108

3.8%

60

262,600

Mt. Hood

135

18

13

8

60.0%

6

Columbia Co.

437

104

57

43

16.2%

907 12,449

200 3,937

105 2,078

74 1,535

Marion/Polk Counties

1,001

178

145

North Coastal Counties

1,258

218

142

141 142 143 144 145 146 147 148

Beaverton/ Aloha Tigard/ Wilsonville Hillsboro/ Forest Grove

156

155

153

152

150

NW Wash Co.

151

149

W Portland

Grand Yamhill Total Co.

-

-

Average Sale Price

149

Closed Sales

56

Closed Sales

241,300

Closed Sales

Median Sale Price

32

Closed Sales

23.6%

New Listings

Average Sale Price

Avg. Sale Price % Change2

Pending Sales 2010 v. 2009

Pending Sales 2010

Total Market Time 4

68

Closed Sales

91

New Listings3 149

Active Listings 419

Average Sale Price

Year-To-Date

N Portland

Gresham/ Troutdale Milwaukie/ Clackamas Oregon City/ Canby Lake Oswego/ West Linn

Average Sale Price

Pending Sales 2010 v. 20091

MULTIFAMILY

Year-To-Date

168-178

Pending Sales 2010

LAND

Year-To-Date

180-195

Expired/Canceled Listings

COMMERCIAL Year-To-Date

Average Sale Price

RESIDENTIAL Current Month

Oregon

4

66,300

2

272,600

600,000

4

99,100

4

244,200

1

140,000

1

89,200

8

410,200

-14.0%

1

255,200

3

108,000

-

-

-9.3%

1

95,000

1

65,000

-

-

215,800

-12.3%

1

20,000

6

161,300

-

-

414,900

355,000

-9.5%

1

500,000

1

190,000

-

-

109

427,400

310,000

-11.9%

-

-

30.6%

45

377,500

370,000

-9.3%

-

-

1

309,000

155

19.2%

86

242,600

225,900

-11.9%

-

-

2

103,800

2

117,500

321

133

47.8%

89

314,000

287,000

-9.6%

-

-

1

262,400

2

225,000

114

233

108

3.8%

60

262,600

220,000

-11.4%

-

-

3

125,000

2

192,000

290,300

222

18

8

60.0%

6

290,300

230,400

-1.8%

-

-

1

117,000

25

171,800

119

104

43

16.2%

25

171,800

184,000

-15.8%

-

-

1

220,000

1

155,000

45.1% -20.5%

40 986

208,200 282,400

192 145

200 3,930

74 1,535

45.1% -93.4%

40 984

208,200 282,600

202,400 240,000

-15.4% -11.7%

285,000

312

78,500 127,300

-24

356,700

65

35.4%

42

194,000

142

177

65

35.4%

42

194,000

174,000

-16.5%

-

-

3

165,000

2

122,500

71

108.8%

34

240,300

110

218

71

108.8%

34

240,300

209,000

-17.0%

-

-

4

117,500

17

-

-

3 -

-

-

-

844,300

-

-

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

2 © Copyright RMLS™ 2010. All Rights Reserved.

20000

ACTIVE RESIDENTIAL LISTINGS

18000

Portland, OR

16000

This graph shows the active

Active Residential Listings

14000

residential listings over the

12000 10000

past three calendar years

8000

in the greater Portland,

6000 4000

Oregon metropolitan area.

2008

2009

2010

TOTAL ACTIVE LISTINGS PORTLAND, OR

This graph shows the

Total Active Listings 25000 22500 20000

total active listings over

17500

the past three calendar

12500

years in the greater Portland, Oregon

15000 10000 7500 5000

metropolitan area. Total Active Listings 2008

Total Active Listings 2009

Total Active Listings 2010

NEW LISTINGS

New Listings

PORTLAND, OR

6,000

This graph shows the

5,000

new residential listings

4,000

over the past three

3,000

calendar years in the

2,000

greater Portland, Oregon

1,000

metropolitan area.

0

2008

2009

2010

3 © Copyright RMLS™ 2010. All Rights Reserved.

PENDING LISTINGS Pending Sales

PORTLAND, OR

This graph represents

2,500

monthly accepted offers

2,000

in the Portland, Oregon

1,500

metropolitan area over

1,000

the past three calendar

500

years.

0

2008

2009

2010

CLOSED SALES

Closed Sales

PORTLAND, OR

This graph shows the

2,500

closed sales over the past

2,000

three calendar years in

1,500

the greater Portland,

1,000

Oregon metropolitan

500

area.

0

2008

Average Market Time

2009

2010

DAYS ON MARKET PORTLAND, OR

180 160 140 120 100 80 60 40 20 0

This graph shows the average market time for sales in the Portland, Oregon metropolitan area. *As of August 2008, graph now reports “Total Days on Market” - for details 2008 2009 TMT

2008 TMT 2010 TMT

4

© Copyright RMLS™ 2010. All Rights Reserved.

read footnotes on page 2.

AVERAGE SALE PRICE

This graph represents the average sale price for all homes sold in the Portland, Oregon metropolitan area.

PORTLAND, OR

Average Sale Price $400,000

$350,000 $300,000

$250,000 $200,000

Jan-10

Jul-09

Jan-09

Jul-08

Jan-08

Jul-07

Jan-07

Jul-06

Jan-06

Jul-05

Jan-05

Jul-04

Jan-04

Jul-03

Jan-03

Jul-02

Jan-02

Jul-01

Jan-01

Jul-00

$100,000

Jan-00

$150,000

MEDIAN SALE PRICE

Median Sale Price: Portland, OR & Clark Co., WA 280000

PORTLAND, OR

260000

This graph shows the

240000

median sale price over

220000 200000

the past 12 months in the

180000

greater Portland, Oregon

160000

140000

metropolitan area and

120000

Clark County.

100000 FEB

MAR

APR

MAY

JUNE JULY

Clark County

AUG

SEPT

OCT

NOV

Metro Portland, OR

5

© Copyright RMLS™ 2010. All Rights Reserved.

DEC

JAN

Median sale price January 2010

SW Washington

$230,000

$119,000

Woodland

N/NE Clark County

$200,000

Portland

$270,300

Battle Ground

Ridgefield/La Center

Metro

$184,000 Columbia County $268,000 Salmon Creek

$290,000 Brush Prairie Hockinson

$209,300 Felida

$219,900 Hazel Dell Minnehaha

$370,000 North Washington County Sauvie Island

5 Corners Orch.

$131,500 Cent. Vancouver

$220,000 Hillsboro $225,900 Beaverton

$310,000 West Portland

Aloha

$287,000 Tigard/Tualatin Sherwood Wilsonville

$200,000 Cascade Park

$186,500 Heights

$212,500 N Portland

Forest Grove

$173,500

$282,000 Camas/Washougal $242,500 NE Portland $192,500 SE Portland $249,000

$355,000

Milwaukie/Gladstone/ Boring/Clackamas Estacada

Lake Oswego West Linn

$202,400 $215,800 Oregon City Canby Molalla Beavercreek

Yamhill County

6

Š Copyright RMLS™ 2010. All Rights Reserved.

$199,000 Gresham Troutdale Sandy Corbett Fairview

$230,400 Mt. Hood: Zigzag Welches Rhododendron Wemme Brightwood Government Camp

MULTIPLE LISTING SERVICE

$175,000 $150,000

2008

AFFORDABILITY

Affordability Index 180 160 140

Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083

60

Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

2010

Oregon metropolitan area in December 2009.

Residential

Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320

120 100 80 40 20 Dec-09

Sep-09

Mar-09

Jun-09

Dec-08

Sep-08

Mar-08

Jun-08

Dec-07

Sep-07

Mar-07

Jun-07

Dec-06

Sep-06

Mar-06

Jun-06

Dec-05

Jun-05

0 Sep-03

The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.

2009

This graph shows the affordability for Portland,

Sep-05

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657

$200,000

Mar-05

Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

$225,000

Dec-04

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341

Portland, Oregon metropolitan area.

$250,000

Jun-04

Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

condos sold in the last three calendar years in the

Median Condo Sale Price

Sep-04

Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817

This graph represents the median sale price for all

PORTLAND, OR

Mar-04

Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342

MEDIAN SALE PRICE CONDOS

Dec-03

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689

AFFORDABILITY - According to a formula from the National Association of Realtors®, buying a house in the Portland metro area is affordable for a family earning the median income. A family earning the median income ($70,000 in 2009, per HUD) can afford 141% of a monthly mortgage payment on a median priced home ($242,200 in December). The formula assumes that the buyer has a 20% down payment and a 30 year fixed rate of 4.83% (per Freddie Mac).

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Southwest Washington January Residential Highlights Sales activity continued to grow in Clark County when comparing January 2010 to the same time last year, though not quite as dramatically as last month. Compared to January 2009, closed sales increased 34.8% and pending sales were up 20.2%. However, new listings fell 3.1%. Pending sales were also up 18.5% (422 v. 356) when comparing January 2010 and December 2009. However, closed sales fell 38.4% (275 v. 422). and new listings grew 80.1% (942 v. 523) driving inventory to double digits for the first time since May 2009. At the month’s rate of sales the 3,407 active residential listings in RMLSweb at the end of January 2010 would last approximately 12.4 months.

Change

2009

2010

Clark County Residential Highlights

January 2010 Reporting Period

Sale Prices Contrary to the trend over the last few months in 2009, the average sale price for January 2010 actually increased 4.2% compared to January 2009. In addition, the median sale price rose 5.5%. See residential highlights table below. Furthermore, comparing January 2010 with December 2009, the average sale price increased a slight 0.3% ($245,100 v. 244,400) and median sale price was up 3.9% ($219,900 v. $211,600).

Counties This is a summary of the 2009 performance of the three counties in the Southwest Washington area.

*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

Average Change Sale Price 08 v. 09 $237,600 -14.6% $196,700 -8.1% $176,900 -5.8%

Clark Cowlitz Pacific

New Listings

Inventory in Months* 2008 2009 2010 January 17 21 12.4 February 14.6 18.6 March 11.9 11.7 April 12.4 11.9 May 12.6 11.1 June 12.6 7.9 July 12.7 7.3 August 12.7 8 September 12.7 7.6 October 13.7 6.4 November 16.9 7.3 December 14.8 7.6

Pending Sales

Closed Sales

Average Sale Price

Percent Change of 12-Month Sale Price Compared With The Previous 12 Months Average Sale Price % Change: -13.2% ($238,300 v. $274,400) Median Sale Price % Change: -11.7% ($212,000 v. $240,000)

For further explanation of this measure, see the second footnote on page 3.

Median Sale Price

Total Market Time

January

942

422

275

245,100

219,900

156

Year-to-date

942

422

275

245,100

219,900

156

January

972

351

204

235,300

208,400

158

Year-to-date

972

351

204

235,300

208,400

158

January

-3.1%

20.2%

34.8%

4.2%

5.5%

-1.4%

Year-to-date

-3.1%

20.2%

34.8%

4.2%

5.5%

-1.4%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 SW Washington RESIDENTIAL

COMMERCIAL

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

Year-To-Date

14

Lincoln/Hazel Dell

15

E Hazel Dell

20

NE Heights

21

Orchards

22

Evergreen

23

E Heights

24

Cascade Park

25

Five Corners

26

E Orchards

27

Fisher's Landing

31

SE County

32

Camas City

33

Washougal

41

N Hazel Dell

42

S Salmon Creek

43

N Felida

44

N Salmon Creek

50

Ridgefield

51

W of I-5 County

52

NW E of I-5 County

61

Battleground

62

Brush Prarie

63

East County

4

1

64

Central County

25

7

65

Mid-Central County

40

66

Yacolt

47

70

La Center

71

N Central NE Corner

9

10

93

35

12

88

19

15

31

10

206 83

0.0%

11

13

8.3%

8

5

-37.5% -

3

5

-37.5%

3

244,600

39

8

26

0.0%

10

33

14

14

133.3%

4

187

71

28

29

3.6%

268

94

36

42

74

20

16

7

103

41

19

102

31

82 107

150,000

10

74

35 19

83

164,100 209,600

19

121.1% 0.0%

11

4

26 39

8.3%

8

5

-37.5% -

10

5

-37.5%

3

244,600

239,000

83

-15.8%

-

-

-

-

-

-

130

39

26

0.0%

10

164,100

179,900

130

-12.9%

-

-

-

-

-

-

117

33

14

133.3%

4

209,600

219,800

117

-18.7%

-

-

-

-

-

-

180,000

193

71

29

3.6%

19

180,000

175,000

193

-12.1%

-

-

-

-

-

-

24

188,100

138

94

42

121.1%

24

188,100

178,300

138

-12.5%

-

-

7

241,400

64

20

7

0.0%

7

241,400

186,500

64

-20.6%

-

-

-

-

-

-

-15.4%

8

238,700

151

41

11

-15.4%

8

238,700

209,700

151

-13.0%

-

-

-

-

-

-

17

13.3%

5

158,300

123

31

17

13.3%

5

158,300

159,000

123

-13.8%

-

-

-

-

-

-

9

10

-23.1%

11

212,500

87

26

10

-23.1%

11

212,500

200,000

87

-10.8%

-

-

-

-

-

-

8

13

-18.8%

9

244,300

197

39

13

-18.8%

9

244,300

252,000

197

-8.9%

-

-

-

-

-

-

-

-

-

101,600 -

99,000 -

74

-20.9%

-

-

18.0% -

-

-

Average Sale Price

13

-

-

Closed Sales

11

101,600

-21.4%

Average Sale Price

0.0%

-

141

Closed Sales

Average Sale Price

Closed Sales

140,000

Avg. Sale Price % Change

150,000

Total Market Time

Closed Sales

2

Pending Sales 2010 v. 2009

21

-

1

-

-

-

45,000 -

3

1

-

180,000

-

-

56,000

1

220,000

39

6

2

2

-33.3%

1

1,100,000

371

6

2

-33.3%

1

1,100,000

1,100,000

371

-28.9%

-

-

231

82

29

38

22.6%

28

328,700

119

82

38

22.6%

28

328,700

306,800

119

-14.5%

-

-

6

92,800

243

70

42

19

-9.5%

22

276,100

184

70

19

-9.5%

22

276,100

227,500

184

-16.3%

-

-

1

47,000

-

-

108

37

17

16

45.5%

4

208,300

41

37

16

45.5%

4

208,300

209,300

41

-15.9%

-

-

2

73,500

-

-

122

32

13

15

-6.3%

8

249,000

52

32

15

-6.3%

8

249,000

227,500

52

-13.7%

-

-

-

-

-

131

27

11

21

133.3%

11

274,300

283

27

21

133.3%

11

274,300

271,000

283

-10.3%

-

-

2

76,300

-

-

1

-

2

190,000

140

30

13

19

11.8%

11

243,300

279

30

19

11.8%

11

243,300

258,000

279

-22.2%

-

-

92,000

-

-

87

20

10

13

85.7%

20

318,400

169

20

13

85.7%

20

318,400

270,000

169

-20.6%

-

-

-

-

-

-

31

5

2

8

166.7%

1

385,500

123

5

8

166.7%

1

385,500

385,500

123

-13.8%

-

-

-

-

-

-

42

8

4

3

0.0%

6

472,300

239

8

3

0.0%

6

472,300

358,100

239

-15.5%

-

-

-

-

-

-

226

58

29

28

33.3%

21

224,000

107

58

28

33.3%

21

224,000

200,000

107

-9.9%

-

-

-

-

-

-

204

37

25

22

46.7%

12

280,600

150

37

22

46.7%

12

280,600

270,000

150

-12.0%

-

-

-

-

-

-

-

-

-

1 -

11

3

3 -

12

14

3

0.0%

57

11

5

7

75.0%

112

9

2

1 -

1

119,000

43

3,407

942

407

422

20.2%

275

245,100

80

-

Woodland City

55

11

6

5

150.0%

4

81

-

Woodland Area

58

12

10

6

500.0%

1

82

1 -

Cowlitz County

-39.1%

87

Pending Sales 2010

141

4

Grand Total

New Listings

4

Total Market Time

Average Sale Price

Closed Sales

Pending Sales 2010 v. 2009

21

Median Sale Price

13

SW Heights

81

Average Sale Price

12

NW Heights

Pending Sales 2010

Expired.Canceled Listings

11

Downtown Vancouver

72

New Listings

3

Active Listings

1

Current Month

13

-

1

-

-

-

-

-18.1% -

-

-

-

-

-

-

296,300

242

7

1

-50.0%

2

296,300

296,300

242

-15.5%

-

-

-

-

-

-

1

235,000

560

11

3

50.0%

1

235,000

235,000

560

-22.6%

-

-

-

-

-

-

4

173,500

456

12

3

0.0%

4

173,500

184,500

456

-16.7%

-

-

-

-

-

-

3

226,000

108

11

7

75.0%

3

226,000

230,000

108

-17.4%

-

-

-

-

-

9

1

-50.0% 1

119,000

119,000

43

-32.9%

-

156

942

422

20.2%

275

245,100

219,900

156

-13.2%

-

227,000

245

11

5

150.0%

4

227,000

225,000

245

-14.7%

-

-

390,000

114

12

6

500.0%

1

390,000

390,000

114

-9.9%

-

-

-39.1%

-0.9%

-

-

-

1 -

-

2

-

-

1 -

-

-

-

-2.0% -

-

330

55

47

14

14

167,400

126

55

14

14

167,400

132,800

126

Grand Total

443

78

63

25

-3.8%

19

191,700

150

78

25

-3.8%

19

191,700

194,000

150

-4.2%

-

Pacific County

133

15

12

8

166.7%

7

163,600

290

15

8

166.7%

7

163,600

127,900

290

-8.3%

-

2 © Copyright RMLS™ 2010. All Rights Reserved.

-

-

555,000

-

-

75,500

1

-

-

16

-

-

-

-

4

195,000

-

-

-

-

2

82,500

1

153,000

3

240,000

1

153,000

5

47,800

-

-

ACTIVE RESIDENTIAL LISTINGS

Active Residential Listings 6000

SW WasHINGTON

5500 5000

This graph shows

4500

the active residential

4000

listings over the

3500

past three calendar

3000

years in Southwest Washington. 2008

2009

2010

NEW LISTINGS

New Listings

SW WasHINGTON

This graph shows

1,400

the new residential

1,200

listings over the past

1,000 800

three calendar years in

600

Southwest Washington.

400 200 0

2008

2009

2010

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

3

Š Copyright RMLS™ 2010. All Rights Reserved.

PENDING LISTINGS

Pending Sales

SW WasHINGTON

This graph represents

650 600 550 500 450 400 350 300 250 200

monthly accepted offers in Southwest Washington over the past three calendar years.

2008

2009

2010

CLOSED SALES

Closed Sales

SW WasHINGTON

This graph shows the

600

closed sales over the past

500

three calendar years in

400

Southwest Washington.

300 200 100 0

2008

2009

2010

DAYS ON MARKET

Average Market Time

SW WasHINGTON

250

This graph shows the

200

average market time for

150

sales in Southwest Wash-

100

ington. *As of August

50

2008, graph now reports

0

“Total Days on Market” - for details read foot2008 2009 TMT

2008 TMT 2010 TMT

4

© Copyright RMLS™ 2010. All Rights Reserved.

notes on page 3.

AVERAGE SALE PRICE

This graph represents the average sale price for all homes sold in Southwest Washington

SW WasHINGTON

Average Sale Price $350,000

$300,000 $250,000

$200,000

Dec-09

Jun-09

Dec-08

Jun-08

Dec-07

Jun-07

Dec-06

Jun-06

Dec-05

Jun-05

Dec-04

Jun-04

Dec-03

Jun-03

Dec-02

Jun-02

Dec-01

Jun-01

Dec-00

Jun-00

$100,000

Dec-99

$150,000

MEDIAN SALE PRICE

Median Sale Price: Portland, OR & Clark Co., WA

SW WasHINGTON

280000 260000

This graph shows the

240000

220000

median sale price over

200000

the past 12 months in the

180000 160000

greater Portland, Oregon

140000

metropolitan area and

120000

Clark County.

100000 FEB

MAR

APR

MAY

JUNE JULY

Clark County

AUG

SEPT

OCT

NOV

DEC

Metro Portland, OR

5

© Copyright RMLS™ 2010. All Rights Reserved.

JAN

MULTIPLE LISTING SERVICE

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689 Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342

Median sale price January 2010

Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817

SW Washington

Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854 Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341 Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

$119,000 N/NE Clark County

Portland $200,000

Metro

$270,300

Battle Ground

Ridgefield/La Center $184,000 Columbia County $268,000 Salmon Creek

$290,000 Brush Prairie Hockinson

$209,300 Felida

$219,900 Hazel Dell Minnehaha

$370,000 North Washington County Sauvie Island

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320

$230,000 Woodland

5 Corners Orch.

$131,500 Cent. Vancouver

$225,900 Beaverton

$310,000 West Portland

Aloha

Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083

$200,000 Cascade Park

$186,500 Heights

$212,500 N Portland

$220,000 Hillsboro Forest Grove

$173,500

$282,000 Camas/Washougal $242,500 NE Portland $192,500 SE Portland $249,000

$287,000 Tigard/Tualatin Sherwood Wilsonville

$355,000

Milwaukie/Gladstone/ Boring/Clackamas Estacada

$199,000 Gresham Troutdale Sandy Corbett Fairview

Lake Oswego West Linn

$202,400

The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™.

$215,800 Oregon City Canby

Yamhill County

Molalla Beavercreek

Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991.

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

6

© Copyright RMLS™ 2010. All Rights Reserved.

$230,400 Mt. Hood: Zigzag Welches Rhododendron Wemme Brightwood Government Camp

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Union County, Oregon January Residential Highlights Market Activity continued to increase dramatically in Union County compared to last January. Closed sales rose 175% and pending sales were up 55.6%. New listings also jumped 105.3%. Comparing January 2010 with December 2009, pending sales grew 27.3% (14 v. 11) and new listings grew 18.2% (39 v. 33). However, closed sales fell 26.7% (11 v. 15).

Change

2009

2010

Union County, Oregon Residential Highlights

New Listings

Pending Sales

January 2010 Reporting Period

Sale Prices The average sale price for January 2010 was down 35.6% compared to January 2009, while the median sale price dropped 39.8%. See residential highlights table below. Compared with December 2009, the average sale price decreased 1.8% ($130,000 v. $132,400). The median sale price, on the other hand, increased a slight 0.4% ($126,500 v. 126,000).

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

January

39

14

11

130,000

126,500

175

Year-to-date

39

14

11

130,000

126,500

175

January

19

9

4

201,800

210,000

207

Year-to-date

19

9

4

201,800

210,000

207

January

105.3%

55.6%

175.0%

-35.6%

-39.8%

-15.2%

Year-to-date

105.3%

55.6%

175.0%

-35.6%

-39.8%

-15.2%

*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

Active Residential Listings

Inventory in Months* 2008 2009 2010 January 8.1 38.3 16.8 February 18.9 12.4 March 12.5 19.9 April 8.9 13.1 May 9.3 12.9 June 11.3 11.6 July 10.0 9.7 August 8.8 7.4 September 6.8 15 October 9.7 17.8 November 11.9 8.2 December 16.4 11.8 *Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month. Percent Change of 12-Month Sale Price Compared With The Previous 12 Months Average Sale Price % Change: -10.1% ($150,600 v. $167,500) Median Sale Price % Change: +1.4% ($134,900 v. $133,000)

For further explanation of this measure, see the second footnote on page 2.

ACTIVE RESIDENTIAL LISTINGS

250 200

Union County, OR

150

This graph shows the active

100

residential listings over the

50

past three calendar years in

0

Union County, Oregon. 2008

2009

2010

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 Union County, Oregon RESIDENTIAL Year-To-Date

COMMERCIAL

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

-

-

-33.5%

Elgin

22

4

3

1

-

1

115,000

185

4

1

-

1

115,000

115,000

6.4%

Imbler

1

0

1

0.0%

-

-

-

1

0.0%

-

-

-

58.0%

-

-

102

23

11

11

83.3%

8

143,400

164

23

11

83.3%

8

143,400

130,000

-1.7%

2

262,500

North Powder

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-100.0%

-

-

-

Summerville

11

3

-

-

-

-

-

3

0

-

-

-

-

-46.8%

-

-

Union

26

7

1

0.0%

2

84,000

215

7

1

0.0%

2

84,000

84,000

-15.5%

185

39

14

55.6%

11

130,000

175

39

14

55.6%

11

130,000

126,500

-10.1%

La Grande/ Island City

Union Co. Total

-

16

-

-

Median Sale Price

Average Sale Price

New Listings

Closed Sales

-

-

-

-

-

-

-

-

-

-

-

--

-

-

-

--

-

-

1

29,000

-

-

1

29,000

-

2

-

262,500

--

Average Sale Price

-

Closed Sales

- -100.0%

Average Sale Price

2

Closed Sales

-

Avg. Sale Price % Change

-

Average Sale Price

-

Closed Sales

-100.0%

Average Sale Price

2

Pending Sales 2010 v. 2009

New Listings

-

Pending Sales 2010

Total Market Time

2

4

Pending Sales 2010

2

Closed Sales

Expired.Canceled Listings

16

3

Cove

Active Listings 97883 97876 97867 97850 97841 97827 97824

Pending Sales 2010 v. 2009

1

Current Month

-

-

--

-

-

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

New Listings

NEW LISTINGS Union County, OR

70 60

This graph shows the

50

new residential listings

40

over the past three

30 20

calendar years in Union

10

County, Oregon.

0

2008

2009

2010

2

© Copyright RMLS™ 2010. All Rights Reserved.

AVERAGE SALE PRICE

This graph represents the average sale price for all homes sold in Union County, Oregon.

Union County, OR

Average Sale Price $260,000 $240,000

$220,000 $200,000 $180,000 $160,000 $140,000

Pending Sales

Jan-10

Dec-09

Oct-09

Nov-09

Sep-09

Aug-09

Jul-09

Jun-09

Apr-09

May-09

Mar-09

Feb-09

Jan-09

Dec-08

Oct-08

Nov-08

Sep-08

Jul-08

Aug-08

Jun-08

May-08

Apr-08

Mar-08

Jan-08

Feb-08

Dec-07

Nov-07

Oct-07

Aug-07

$100,000

Sep-07

$120,000

PENDING LISTINGS

40

Union County, OR

35

This graph represents

30 25

monthly accepted offers

20

in Union County,

15 10

Oregon over the past

5

three calendar years.

0

2008

2009

2010

3

© Copyright RMLS™ 2010. All Rights Reserved.

MULTIPLE LISTING SERVICE

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689 Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342 Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817 Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854

CLOSED SALES This graph shows the closed sales over the past three Union County, OR

calendar years in Union County, Oregon. Closed Sales

35 30 25 20 15 10 5 0

Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341 Douglas County Oregon 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695

2008

DAYS ON MARKET Union County, OR

Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083

2010

This graph shows the average market time for sales in Union County, Oregon. *As of August 2008, graph now reports “Total Days on Market” - for details read footnotes on page 2.

Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657 Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320

2009

Average Market Time 250 200 150 100 50

The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

0

2008 2009 TMT

2008 TMT 2010 TMT

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.

A Publication of RMLS™, The Source for Real Estate Statistics in Your Community Residential Review: Wallowa County, Oregon January 2010 Reporting Period Wallowa County Residential Highlights Inventory in Months* We are happy to announce that we have been tracking market statistics for 2009 2010 January 20.4 99 Wallowa County, Oregon for more than a year now and have historical data and February N/A comparable statistics so we will now include percent changes for all aplicable March 108 categories. When comparing January 2010 with the same month in 2009, the market activity in Wallowa County was mixed. Closed sales dipped 80%, while pending sales increased 33.3% and the number of new listings was exactly the same. At the month’s rate of sales, it would take approximately 99 months to sell the 99 active residential listings. This is the highest inventory since April 2009.

Sale Prices The average sale price for January 2010 increased 34.1% compared with January 2009. Further, median sale price jumped 123.4%. See residential highlights table below.

Percent Change of 12-Month Sale Price Compared With The Previous 12 Months

April May June July August September October November December

125 46 46.7 45 26.6 17.6 23 28.5 15.8

*Inventory in Months is calculated by dividing the Active Listings at the end of the month in question by the number of closed sales for that month.

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

Average Sale Price % Change: -24.1% ($172,100 v. $226,800)* Median Sale Price % Change: -11.3% ($160,000 v. $184,500)*

Change

2009

2010

Wallowa County, Oregon Residential Highlights

New Listings

Pending Sales

Closed Sales

Average Sale Price

Median Sale Price

Total Market Time

January

9

4

1

229,000

229,000

497

Year-to-date

9

4

1

229,000

229,000

497

Janaury

9

3

5

170,800

102,500

186

Year-to-date

9

3

5

170,800

102,500

186

January

0.0%

33.3%

-80.0%

34.1%

123.4%

167.5%

Year-to-date

0.0%

33.3%

-80.0%

34.1%

123.4%

167.5%

© Copyright RMLS™ 2010. All Rights Reserved.

AREa REPORT • 1/2010 RESIDENTIAL

COMMERCIAL

LAND

MULTIFAMILY

Year-To-Date

Year-To-Date

Year-To-Date

Year-To-Date

Closed Sales

New Listings

Pending Sales 2010

Pending Sales 2010 v. 2009

Closed Sales

1

2

-

0

-

-

4

2

-

0

-

-

-31.1%

0

-

0

--

0

-

Lostine

1

0

0

0

-

0

-

-

0

0

-

0

-

-

54.6%

0

-

0

--

0

-

Imnaha

0

0

1

0

-

0

-

-

0

0

-

0

-

-

-57.4%

0

-

0

--

0

-

Joseph

47

2

2

-100.0%

1

229,000

497

2

0 -100.0%

1

229,000

229,000

35.6%

0

-

0

--

0

-

Enterprise Wallowa Co. Total

38

3

2

2

0.0%

0

-

-

3

2

0.0%

0

-

-

17.9%

0

-

0

--

0

-

99

9

6

4

33.3%

1

229,000

497

9

4

33.3%

1

229,000

229,000

0.0%

97828 97846 97842 97857 97885

-

-

-

-

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Average Sale Price

Closed Sales

Avg. Sale Price % Change

Median Sale Price

Average Sale Price

Total Market Time

Average Sale Price

New Listings

2

Pending Sales 2010 v. 2009

4

4

Pending Sales 2010

13

3

Wallowa

Active Listings

Expired.Canceled Listings

1

Current Month

-

-

-

1

Percent change in number of pending sales this year compared to last year. The Current Month section compares January 2010 with January 2009. The Year-ToDate section compares year-to-date statistics from January 2010 with year-to-date statistics from January 2009.

2

% Change is based on a comparison of the rolling average sale price for the last 12 months (2/1/09-1/31/10) with 12 months before (2/1/08-1/31/09).

3

As of October 2007, the way that New Listing data is generated has changed to ensure accuracy.

4

Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.

AVERAGE SALE PRICE

This graph represents the average sale price for all homes sold in Wallowa County, Oregon.

Wallowa County, OR

Average Sale Price $260,000 $240,000

$220,000 $200,000 $180,000 $160,000 $140,000

2

© Copyright RMLS™ 2010. All Rights Reserved.

Jan-10

Dec-09

Oct-09

Nov-09

Sep-09

Aug-09

Jul-09

Jun-09

May-09

Apr-09

Mar-09

Feb-09

Jan-09

Dec-08

Nov-08

Oct-08

Sep-08

Aug-08

Jul-08

Jun-08

May-08

Apr-08

Mar-08

Jan-08

Feb-08

Dec-07

Nov-07

Oct-07

Aug-07

$100,000

Sep-07

$120,000

NEW LISTINGS

New Listings

wallowa County, OR 20 18 16 14 12 10 8 6 4 2 0

This graph shows the new residential listings in Wallowa County, Oregon.

2009

2010

160

ACTIVE RESIDENTIAL LISTINGS

140

wallowa County, OR

120

This graph shows the active

Active Residential Listings

100

residential listings in

80 60

Wallowa County, Oregon.

40 20 0

2009

2010

Pending Sales

PENDING LISTINGS wallowa County, OR

This graph represents monthly accepted offers in Wallowa County, Oregon.

9 8 7 6 5 4 3 2 1 0

2009

2

© Copyright RMLS™ 2010. All Rights Reserved.

2010

MuLTIPLE LISTInG SERVICE

Corporate 825 NE Multnomah, Suite 270 Portland, OR 97232 (503) 236-7657 Fax: (503) 230-0689 Southwest Washington 1514 Broadway, Suite 101 Vancouver, WA 98663 (360) 696-0718 Fax: (360) 696-9342 Salem 2110 Mission St. SE, Suite 305 Salem, OR 97302 (503) 587-8810 Fax: (503) 585-3817 Lane County: Eugene 2139 Centennial Plaza Eugene, OR 97401 (541) 686-2885 Fax: (541) 484-3854 Lane County: Florence PO Box 414 Florence, OR 97439 (541) 902-2560 Fax: (541) 902-1341 Douglas County 3510 NE Edenbower Roseburg, OR 97470 (541) 673-3571 Fax: (541) 673-6581 Curry County PO Box 6307 Brookings, OR 97415 (541) 469-0219 Fax: (541) 469-9695 Mid-Columbia PO Box 1088 Hood River, OR 97031 (541) 436-2956 Fax: (541) 387-6657

CLOSED SALES wallowa County, OR

This graph shows the closed sales in Wallowa County, Oregon. Closed Sales

8 7 6 5 4 3 2 1 0

2009

2010

DAYS ON MARKET This graph shows the average market time for sales in wallowa County, OR

Wallowa County, Oregon. Average Market Time

600

Eastern Oregon PO Box 751 Hermiston, OR 97838 (541) 567-5186 Fax: (541) 289-7320

500

Coos County 1946 Sherman Ave., Suite 101 North Bend, OR 97459 (541) 751-1070 Fax: (541) 751-1083

200

400 300

100 0

The statistics presented in Market Action are compiled monthly based on figures generated by RMLS™. Statistics reflect reported activity for the greater Portland, Oregon metropolitan area, to include Multnomah, Washington, Clackamas, Yamhill, & Columbia counties; Lane, Douglas, Coos & Curry Counties in Oregon; portions of other Oregon Counties; and Clark, Cowlitz & Pacific Counties in Washington. RMLS™ was formed by area Boards and Associations of REALTORS® in 1991. E-mail subscriptions are available for $45 per year by contacting RMLS™, (503) 236-7657. Reproduction of any portion of this copyrighted material is prohibited without prior approval of RMLS™.

2009 TMT

2010 TMT

Gary Whiting, Chairman of the Board Kurt von Wasmuth, President/CEO Natalie Middleton, Editor Kelsey Brunson, Assistant Editor

© Copyright RMLS™ 2010. All Rights Reserved.