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
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