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Willamette Valley Real Estate Update

August 7, 2015 By Roy Widing

While the real estate market outside greater Portland hasn’t experienced a pronounced ‘boom’ like around the City of Roses, our Willamette Valley housing market to the south is much improved over previous years.

Willamette Valley, Willamette Valley Real Estate, Willamette Valley Oregon, Willamette Valley Homes, Willamette Valley Properties, Willamette Valley Realty, Willamette Valley Real Estate
Some ‘Booms’ Are Quieter Than Others

In A New Market
Given many positive housing market changes, you could say much of the Willamette Valley is now in a ‘new’ market. So while greater Salem’s market improvement hasn’t been ‘flashy,’ it is chugging along. This translates into a lower inventory of homes, generally higher prices and shorter market times. The Salem metro’s 4.4 month backlog of homes isn’t super low, yet within the range for a healthy market and nearly half of where it was last year at this time.

Willamette Valley, Willamette Valley Real Estate, Willamette Valley Oregon, Willamette Valley Homes, Willamette Valley Properties, Willamette Valley Realty, Willamette Valley Real Estate, Willamette Valley Housing Inventory
Salem Area Home Inventory in Months

A Salem-Portland Comparison
In contrast, greater Portland is now experiencing a 1.6 month inventory level, causing home buyers there to act at a frenzied pace, in order to stand much chance of competing for fewer available homes. Around greater Salem, the situation is different. Buyers and sellers are essentially at what Realtors consider to be ‘equilibrium.’ This means that when it comes to supply and demand, neither buyers or sellers have the ‘upper hand’ in a real estate transaction.

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Buyers & Sellers Are Evenly Matched

View The New Report
Click here to view the compete latest report on mid Willamette Valley real estate, or click on the Market Action Image below. Also make sure to check out page 2 for new real estate specifics on your Willamette Valley town or neighborhood.

Willamette Valley, Willamette Valley Real Estate, Willamette Valley Oregon, Willamette Valley Homes, Willamette Valley Properties, Willamette Valley Realty, Willamette Valley Real Estate
Click Image for Report

Thinking of selling your Oregon property? Contact Certified Realty at 503-682-1083 for a FREE report on what your property could sell for in today’s improved market!

Filed Under: 2015 Oregon Real Estate, Oregon Home Supply, Oregon Homes For Sale, Oregon Homeseller, Oregon Homeselling, Oregon Housing, Oregon Housing Data, Oregon Housing Inventory, Oregon Properties, Oregon Property Appreciation, Oregon Propeties, Oregon Real Estate, Oregon Real Estate Market, Oregon Real Estate Market Data, Portland Real Estate, Selling Oregon Real Estate, Selling Your Oregon Home, Willamette Valley, Willamette Valley Homes, Willamette Valley Oregon, Willamette Valley Properties, Willamette Valley Property, Willamette Valley Real Estate, Willamette Valley Real Estate Market, Willamette Valley Realty Tagged With: 2015 Oregon Real Estate, Oregon Homeseller, Oregon Homeselling, Oregon Housing Inventory, Oregon Real Estate Inventory, Salem Home Inventory, Salem Oregon Realty, Salem Real Estate Inventory, Sell My Oregon Home, Selling Oregon Home, Willamette Valley, Willamette Valley Real Estate Inventory

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