Real Talk with RMLS
Real Talk with RMLS
July 2022 Market Action Statistics (Real Talk with RMLS, Episode 61)
/

July is a game of Chutes and Ladders – some stats are climbing up those ladders, and others are tumbling down the chutes. Which direction did inventory head? Tune in to find out!

Our latest podcast covers the July Market Action numbers, trends, and takeaways, and reminds RMLS subscribers to take our Subscriber Satisfaction Survey.

Join Beth Raimer and John Ayers for the best 15 minutes of your work week.

Don’t forget to subscribe to Real Talk with RMLS on Apple Podcasts or Google Podcasts!

Music: “Tropical Summer” by ArtIss (via MelodyLoops.com)

July Statistics

We’re now offering a handy written breakdown of the numbers and trends mentioned in the podcast.

OREGON

  • New Listings: 6,066 (-712)
  • Active Listings: 8,155 (+1,123)
  • Closed Sales: 3,844 (-784)
  • Inventory 2.1 (+0.6)
  • TMT: 24 (+2)
  • Avg Sale Price: $569,700 (-$17,500)
  • Med Sale Price: $515,000 (-$5,000)

WASHINGTON

  • New Listings: 1,284 (-195)
  • Active Listings: 1,786 (+537)
  • Closed Sales: 848 (-105)
  • Inventory 2.1 (+0.4)
  • TMT: 24 (+5)
  • Avg Sale Price: $499,900 (-$78,900)
  • Med Sale Price: $548,700 (+$33,700)

SPIKES

  • Active Listings
    • Portland Metro: 4,739 (+654)
  • New Listings
    • Douglas County: 161 (-70)
    • Union County: 31 (-25)

STREAKS

  • Baker County: fourth month of increased Active listings
  • Columbia Basin: sixth month of increased Active listings
  • Coos County: sixth month of increased Active listings
  • Douglas County: fifth month of increased Active listings
  • Mid-Columbia: fourth month of increased Active listings
  • Polk & Marion: fifth month of increased Active listings
  • Portland Metro: sixth month of increased Active listings
  • Portland Metro: Total Market Time stopped increasing for first time in 6 months
  • SW Washington: sixth month of increased Active listings
  • North Coastal: sixth month of increased Pending Sales
  • North Coastal: New listings stopped increasing for first time since December 2022

    MILESTONES

    • Baker County: Active listings were above 75 for the first time since June 2020
    • Columbia Basin: Highest Active listings since July 2019
    • Coos County: Active listings above 220 for the first time since July 2020
    • Polk & Marion: Active listings above 480 for the first time since May 2020
    • SW Washington: Active listings were above 1,200 for the first time since June 2020

    NEW GROWTH

    • Portland Metro: 323 (+74)
    • SW Washington 108 (-1)
    • Lane County: 17 (flat)

    AFFORDABILITY

    • Lane County: 85%
    • Portland Metro: 86%
    • SW Washington 91%