Our Real Talk team hosts a far-ranging discussion that touches on the annual real estate activity cycle, the comfort of predictable results, the drop in foreign investment in U.S. homes, and how July stats stack up against the previous year.
Come to learn why Baker County broke a record for their average sale price and stick around to learn about the RMLS Subscriber Satisfaction Survey and the upcoming Remine-focused Lunch & Learn. We look forward to you joining us!
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REAL TALK WITH RMLS – JULY 2023 STATISTICAL HIGHLIGHTS
OREGON
- New Listings: 4,806 (-676)
- Active Listings: 8,338 (+464)
- Pending Sales: 3,672 (-96)
- Closed Sales: 3,114 (-346)
- Inventory: 2.7 (+0.4)
- TMT: 37 (-5)
- Avg Sale Price: $560,900 (+$700)
- Median Sale Price: $495,000 (-$4,900)
WASHINGTON
- New Listings: 969 (-151)
- Active Listings: 1,543 (+59)
- Pending Sales: 843 (+42)
- Closed Sales: 696 (+20)
- Inventory 2.2 (+0.3)
- TMT: 38 (+2)
- Avg Sale Price: $571,800 (-$17,200)
- Med Sale Price: $531,900 (+$1,900)
SPIKES
- Baker
- Days on Market spiked upward from 95 in June to 197 in July 2023
- North Coastal
- Days on Market spiked downward from 62 in June to 31 in July 2023
STREAKS
- Coos County
- Active Counts are on a 4-month upward streak, reaching 301 in July 2023
- Days On Market are on a 4-month downward streak, hitting 43 in July 2023
- Curry County
- Active Counts are on a 6-month upward streak, reaching 214 in July 2023
- Douglas County
- Active Counts are on a 4-month upward streak, hitting 362 in July 2023
- Pending Counts are on a 5-month upward streak, reaching 156 in July 2023
- Lane county
- Active Counts are on a 5-month upward streak, hitting 648 in July 2023
- Mid-Columbia
- Active Counts are on a 5-month upward streak, reaching 272 in July 2023
- North Coastal
- Active Counts are on a 5-month upward streak, hitting 588 in July 2023
- Portland Metro
- Active Counts are on a 5-month upward streak, reaching 4,550 in July 2023
- SW Washington
- Active Counts are on a 4-month upward streak, hitting 1,054 in July 2023
MILESTONES
- Columbia Basin
- Active Counts are at the highest point (245) since September 2018
- Curry County
- Active Counts are at the highest point (214) since December 2019
- Portland Metro
- Days on Market stopped decreasing (33) for the first time since February 2023
- SW Washington
- Days on Market stopped decreasing (34) for the first time since February 2023
RECORD BREAKERS
- Baker
- Baker reached their all-time highest Average Sale Price of $820,400. This is due to a residential property selling for $7,400,000 in July.
NEW GROWTH
- Portland Metro: 317 (-4)
- SW Washington 105 (+3)
- Lane County: 22 (-1)
AFFORDABILITY
- Portland Metro: 84%
- SW Washington: 85%
- Lane County: 83%