319 Berkley Ave. Mollala - Homebook

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Deschutes County Title has provided this information as a courtesy and assumes no liability for the accuracy of the data and does not warranty the fitness of this product for any particular purpose. 319 Berkley Ave |Mollala|Oregon|97038 Bend 397 SW Upper Terrace Dr Bend, Oregon 97702 Office: 541.389.2120 Fax: 541.389.2180 Redmond 845 SW Veterans Way Redmond, Oregon 97756 Office: 541.527.1274 Fax: 541.527.1281 La Pine 51515 Huntington Rd La Pine, Oregon 97739 Office: 541.876.6990 Fax: 541.876.2740 St Helens 240 South First Street St. Helens, Oregon 97051 Office: 503.397.2587 Fax: 503.366.1708 HOMEBOOK www.deschutestitle.com

*Customary for Seller to Pay

RealEstateAgentCommissions

Reconveyance/ReleaseFees

PrepaymentPenalties(IfApplicable)

Owner'sTitleInsurance

EscrowFee

TaxProrations

LienSearch(ifapplicable)

Mortgages&Encumbrances

AnyPropertyTaxDue

LoanOriginationFee/Discount

CreditFee

MortgageInsurance(ifapplicable)

ReserveSetUpFee(ifapllicable)

FireInsurance1year(homeownerspolicy)

Floodinsurance(ifapplicable)

FloodandTaxCertifications

PrepaidInterest

HomeOwnersAssociationFees(ifapplicable)

VAFundingFee

TaxProration

EscrowFee

RecordingFee LendersTitleInsurance

* Items listed are intended to represent only what may be customarily charged and may not reflect actual charges at closing. Consult with your real estate professional or title company representtaive for actual charges specific to your transaction.

Seller to pay full escrow fee (includes buyer escrow fee)

ConventionalFHA VA ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ConventionalFHA VA ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ●
GUIDE TO CLOSING COSTS
Buyer'sLenderFees(variesbylender)
AppraisalFee
TypeofFinancing TypeofFinancing
for Buyer to Pay Cash (no loan) Cash (no loan)
*Customary
Deschutes Title Market Report Molalla, OR 97038 REPORT FOR 7/17/2023 Single-Family Homes Presented by Kevin White 541-389-2120 kwhite@titlemanagement.org www.deschutestitle.com

This week the median list price for Molalla, OR 97038 is $779,999 with the market action index hovering around 42. This is less than last month's market action index of 44 Inventory has held steady at or around 26.

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Molalla, OR 97038

Real-Time Market Profile

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Single-Family Homes
Median List Price $779,999 Median Price of New Listings $475,000 Per Square Foot $336 Average Days on Market 94 Median Days on Market 63 Price Decreased 54% Price Increased 0% Relisted 8% Inventory 26 Median Rent $600 Market Action 42 Slight Seller's Advantage Deschutes Title Market Report deschutestitle.com
Buyer's Market Seller's Market 0 10 20 30 40 50 60 70 80 90 100 Tod a y LastMonth 42
Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM $1,062,000 2,596 5 - 10 acres 3 2 5 26 0 1 269 $827,000 2,601 5 - 10 acres 4 2.5 52 0 0 84 $597,000 2,240 0 5 - 1 acre 4 2 23 2 1 42 $430,000 1,288 6,500 - 8,000 sqft 3 2 49 2 0 7 2 of 6 Mon Jul 17 2023 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2023 Altos Research, Inc.

Median List Price

Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

Average

Segments

In the quartile market segments, we see the upper end of the market in this zip code showing weakness. While there is enough demand in the low end (Quartiles 3 and 4) to keep prices flat, unless there is a persistent up-shift in the Market Action Index, the entire market may resume a down trend soon.

Single-Family Homes Molalla, OR 97038 Deschutes Title Market Report deschutestitle.com
90-Day
Jul 2018 Feb 2019 Aug 2019 Feb 2020 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 $200K $400K $600K $800K $1.0M $1.2M
7-Day Average
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day Jul 2018 Feb 2019 Aug 2019 Feb 2020 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 $0 $1.0M $2.0M $3.0M $4.0M 3 of 6 Mon Jul 17 2023 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2023 Altos Research, Inc.

Price Per Square Foot

While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money.

7-Day Average

Average

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

Single-Family Homes Molalla, OR 97038 Deschutes Title Market Report deschutestitle.com
90-Day
Jul 2018 Feb 2019 Aug 2019 Feb 2020 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 $150 $200 $250 $300 $350 $400 $450 $500 Inventory
7-Day
90-Day
Jul 2018 Feb 2019 Aug 2019 Feb 2020 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 0 20 40 60 80 100 4 of 6 Mon Jul 17 2023 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2023 Altos Research, Inc.
Average
Average

Market Action Index

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Market Action Segments

Not surprisingly, all segments in this zip code are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.

Single-Family Homes Molalla, OR 97038 Deschutes Title Market Report deschutestitle.com
7-Day Average 90-Day Average Jul 2018 Feb 2019 Aug 2019 Feb 2020 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 0 100 25 50 75 125
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day Jul 2018 Feb 2019 Aug 2019 Feb 2020 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 0 100 25 50 75 125 5 of 6 Mon Jul 17 2023 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2023 Altos Research, Inc.

Median Days on Market (DOM)

The properties have been on the market for an average of 99 days. Half of the listings have come newly on the market in the past 43 or so days. Watch the 90-day DOM trend for signals of a changing market.

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

Single-Family Homes
97038 Deschutes Title Market Report deschutestitle.com
Molalla, OR
7-Day Average 90-Day Average Jul 2018 Feb 2019 Aug 2019 Feb 2020 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 0 50 100 150 200
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day Jul 2018 Feb 2019 Aug 2019 Feb 2020 Aug 2020 Feb 2021 Aug 2021 Feb 2022 Aug 2022 Feb 2023 0 50 100 150 200 250 6 of 6 Mon Jul 17 2023 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2023 Altos Research, Inc.

Navigating through a Real Estate transaction can be an exciting and also a stressful time. We respect you for your decision to hire a Real Estate Agent to assist with the process. Included in this book are details about this home and information about the local neighborhood, including:

4 Property Information

4 School Information

4 Neighborhood Profile

4 Area Information

4 Title & Escrow

DISCLAIMER:

This report is provided " as is" without warranty of any kind, either express or implied, including without limitations any warrantees of merchantability or fitness for a particular purpose There is no representation of warranty that this information is complete or free from error, and the provider does not assume, and expressly disclaims, any liability to any person or entity for loss or damage caused by errors or omissions in this report. The information contained in the report is delivered to you from Ticor Title Company and is obtained from sources deemed reliable, but is not guaranteed and is subject to verification by consumer.

TICOR TITLE CUSTOMER RESOURCE CENTER 503.219.1000 │ ticor.resource@ticortitle.com │ ww.ticortitleportland.com

Covenants, Conditions and Restrictions

No CC&R’s Plat Map included on next page

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.
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MOLALLA SCHOOLS

WEBSITE www.molallariv.k12.or.us

SCHOOL INFORMATION DEEMED RELIABLE, BUT IS NOT GUARANTEED AND IS SUBJECT TO OVERCROWDING AND BOUNDARY REALIGNMENT TO CONFIRM SCHOOLS FOR THIS PROPERTY, PLEASE CONTACT THE SCHOOL DISTRICT DIRECTLY

Molalla Elementary School 503-829-2359 MIDDLE SCHOOL Molalla River Middle School 503-829-6133 HIGH SCHOOL Molalla High School 503-829-6382 ADMINISTRATION Molalla River School District 503-829-2359
ELEMENTARY
POWER Portland General Electric 503-228-6322 Pacific Power 888-221-7070 GAS Northwest Natural Gas 800-422-4012 GARBAGE & RECYCLING Molalla Sanitary Service 503-829-6183 WATER & SEWER City of Molalla 503-829-5600 POLICE Molalla 503-829-8817 CABLE, INTERNET & PHONE Comcast 877-868-7641 Verizon 888-553-1555 DirectTV 888-238-7177 Dish Network 800-284-7116 Qwest 800-244-1111 Clear 877-536-7773 NEWSPAPER The Oregonian 503-221-8240 Willamee Week 503-243-2122 Business Journal 800-486-3289 MOTOR VEHICLES ODOT 503-299-9999 PUBLIC TRANSPORTATION Tri-Met 503-962-7505 www.trimet.org Compliments of Ticor Title Company & Your Real Estate Professional MOLALLA AREA UTILITIES,WATER, GARBAGE & RECYCLING, POLICE AND
HELPFUL CONTACTS
OTHER

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