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Housing Stats -8.6% 187,240

-2% 171, 072

-11.5%

67,619

66,300

2.9

2.5

ACTIVE LISTINGS

CLOSED SALES

MONTHS OF INVENTORY

Indicator of housing supply shortage

Peaked in June, but fell off sharply (13%) by December compared to 2016

Peaked in March at 3.34 months; dipped to just 2.0 in December

+7.8%

+8.2%

+4.5% 35%

39.5%

ABSORPTION RATE

(percentage of inventory sold per month)

Peaked in November at 46%, indicating a market for higher-priced homes

$335,437

$361,549

AVERAGE SALES PRICE Indicator of housing supply shortage

$183

$198

AVERAGE PRICE PER SQUARE FOOT Topped $200/square foot in June; ended the year at $202/ square foot

Source: Realtors Property Resource (RPR)

MEMBER SURVEY: What is the primary issue facing Oregon REALTORS® in 2018?

Complete this short online survey and be eligible for a random drawing to win your choice (one) of these semi-fabulous prizes:

• • • •

$30 gift card to the retailer of your choice OAR-logo’d gear E-News profile Free registration for the 2018 OAR Fall Convention

INSTRUCTIONS: • Go here to submit your answer from a menu of options or write-in • Survey closes at midnight, February 9, 2018 • Prizes have no cash value • Three (3) winners will be selected at random from all completed entries • One entry per person, please! WWW.OREGONREALTORS.ORG |

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2017 OAR Impact Report  

Recap of major accomplishments & activities of the Oregon Association of Realtors® in 2017

2017 OAR Impact Report  

Recap of major accomplishments & activities of the Oregon Association of Realtors® in 2017

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