The chart below shows the number of bank owned/REO and short sales in all areas of the RMLS™ system during 2016.

All areas when comparing percentage share of the market 2015 to 2016:
• Comparing 2015 to 2016, distressed sales as a percentage of closed sales decreased from 8.8% to 6.5%.
• New listings increased from 73,624 to 74,253, which is a very slight increase.
• Short sales comprised 1.0% of new listings and 1.2% of sold listings in 2016, each down 1.0% from 2015 respectively as a percentage of the market.
• Bank owned/REO properties comprised 4.0% of new listings and 5.3% of sales in 2016, decreasing 1.6% and 1.3%, respectively, from 2015.

Portland metro when comparing percentage share of the market 2015 to 2016:
• Comparing 2015 to 2016, distressed sales as a percentage of closed sales decreased from 7.4% to 7.3%.
• New listings rose from 40,427 to 40,662, which is a slight increase.
• Short sales comprised 0.9% of new listings and 1.5% of sold listings in 2016, down 1.0% and 0.6% from 2015 respectively as a percentage of the market.
• Bank owned/REO properties comprised 3.0% of new listings and 4.7% of sales in 2016, decreasing 1.8% and 0.6%, respectively, from 2015.

Clark County when comparing percentage share of the market 2015 to 2016:
• Comparing 2015 to 2016, distressed sales as a percentage of closed sales decreased from 8.3% to 4.2%.
• New listings rose from 10,506 to 10,825, which is a slight increase.
• Short sales comprised 1.5% of new listings and 1.6% of sold listings in 2016, down 1.4% and 1.4% from 2015 as a percentage of the market.
• Bank owned/REO properties comprised 2.3% of new listings and 2.6% of sales in 2016, decreasing 1.2% and 2.7% respectively from 2015.

Below are links to additional charts for some of our larger areas:
Portland Metro Area
Clark County, WA
Lane County, OR
Douglas County, OR
Coos County, OR

RMLS™ is pausing its quarterly publication of distressed properties information with the closing of 2016. If distressed properties become a larger portion of residential home sales in the future, distribution of this data may begin again.

If you want information on percentages of distressed sales in other areas not represented by our charts, please contact us at communications@rmls.com.

This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the fourth quarter of 2016.

Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (4th Quarter 2016)
• Clark County, WA Distressed Properties (4th Quarter 2016)
• Lane County, OR Distressed Properties (4th Quarter 2016)
• Douglas County, OR Distressed Properties (4th Quarter 2016)
• Coos County, OR Distressed Properties (4th Quarter 2016)

Here are some additional facts about distressed residential properties in the fourth quarter of 2016:

All areas when comparing percentage share of the market, fourth quarter to third quarter 2016:
• When comparing fourth quarter to third quarter 2016, distressed sales as a percentage of new listings increased by 2.0% (5.9 v. 3.9%).
• In a comparison of fourth quarter to third quarter 2016, distressed sales as a percentage of closed sales decreased by 0.4% (4.7 v. 5.1%).
• Short sales comprised 1.0% of new listings and 0.8% of sales in the fourth quarter, up 0.3% and down 0.2% from the third quarter of 2016, respectively.
• Bank owned/REO properties comprised 4.9% of new listings and 3.9% of sales in the fourth quarter, up 1.7% and down 0.2% from the third quarter of 2016, respectively.

Portland metro when comparing percentage share of the market, fourth quarter to third quarter 2016:
• When comparing fourth quarter to third quarter 2016, distressed sales as a percentage of new listings increased by 1.3% (4.2 v. 2.9%).
• In a comparison of fourth quarter to third quarter 2016, distressed sales as a percentage of closed sales decreased by 2.6% (3.8 v. 6.4%).
• Short sales comprised 1.0% of new listings and 0.9% of sales in the fourth quarter, up 0.4% and down 0.8% from the third quarter of 2016, respectively.
• Bank owned/REO properties comprised 3.2% of new listings and 2.9% of sales in the fourth quarter, up 0.9% and down 1.8% from the third quarter of 2016, respectively.

Clark County when comparing percentage share of the market, fourth quarter to third quarter 2016:
• When comparing fourth quarter to third quarter 2016, distressed sales as a percentage of new listings increased by 0.8% (3.6 v. 2.8%).
• In a comparison of fourth quarter to third quarter 2016, distressed sales as a percentage of closed sales decreased by 0.8% (2.7 v. 3.5%).
• Short sales comprised 0.9% of new listings and 1.0% of sales in the fourth quarter, down 0.4% and unchanged for sales when compared to the third quarter of 2016.
• Bank owned/REO properties comprised 2.7% of new listings and 1.7% of sales in the fourth quarter, up 1.2% and down 0.8% from the third quarter of 2016, respectively.

RMLS™ is pausing its quarterly publication of distressed properties information with the closing of 2016. If distressed properties become a larger portion of residential home sales in the future, distribution of this data may begin again.

If you’d like more information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.

This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the third quarter of 2016.

Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (3rd Quarter 2016)
• Clark County, WA Distressed Properties (3rd Quarter 2016)
• Lane County, OR Distressed Properties (3rd Quarter 2016)
• Douglas County, OR Distressed Properties (3rd Quarter 2016)
• Coos County, OR Distressed Properties (3rd Quarter 2016)

Here are some additional facts about distressed residential properties in the third quarter of 2016:

All areas when comparing percentage share of the market, third quarter to second quarter 2016:
• When comparing third quarter to second quarter 2016, distressed sales as a percentage of new listings decreased by 0.2% (3.9 v. 4.1%).
• In a comparison of third quarter to second quarter 2016, distressed sales as a percentage of closed sales decreased by 1.7% (5.1 v. 6.8%).
• Short sales comprised 0.7% of new listings and 1.0% of sales in the third quarter, down 0.1% and 0.3% from the second quarter of 2016, respectively.
• Bank owned/REO properties comprised 3.2% of new listings and 4.1% of sales in the third quarter, down 0.1% and 1.4% from the second quarter of 2016, respectively.

Portland metro when comparing percentage share of the market, third quarter to second quarter 2016:
• When comparing third quarter to second quarter 2016, distressed sales as a percentage of new listings decreased by 0.4% (2.9 v. 3.3%).
• In a comparison of third quarter to second quarter 2016, distressed sales as a percentage of closed sales increased by 0.9% (6.4 v. 5.5%).
• Short sales comprised 0.6% of new listings and 1.7% of sales in the third quarter, down 0.1% and up 0.5% from the second quarter of 2016, respectively.
• Bank owned/REO properties comprised 2.3% of new listings and 4.7% of sales in the third quarter, down 0.3% and up 0.4% from the second quarter of 2016, respectively.

Clark County when comparing percentage share of the market, third quarter to second quarter 2016:
• When comparing third quarter to second quarter 2016, distressed sales as a percentage of new listings decreased by 0.4% (2.8 v. 3.2%).
• In a comparison of third quarter to second quarter 2016, distressed sales as a percentage of closed sales decreased by 1.7% (3.5 v. 5.2%).
• Short sales comprised 1.3% of new listings and 1.0% of sales in the third quarter, unchanged for new listings and down 1.5% when compared to the second quarter of 2016, respectively.
• Bank owned/REO properties comprised 1.5% of new listings and 2.5% of sales in the third quarter, down 0.4% and 0.2% from the second quarter of 2016, respectively.

If you’d like more information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.

This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the second quarter of 2016.

Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (2nd Quarter 2016)
• Clark County, WA Distressed Properties (2nd Quarter 2016)
• Lane County, OR Distressed Properties (2nd Quarter 2016)
• Douglas County, OR Distressed Properties (2nd Quarter 2016)
• Coos County, OR Distressed Properties (2nd Quarter 2016)

Here are some additional facts about distressed residential properties in the second quarter of 2016:

All areas when comparing percentage share of the market, second quarter to first quarter 2016:
• When comparing second quarter to first quarter 2016, distressed sales as a percentage of new listings decreased by 3.0% (4.1 v. 7.1%).
• In a comparison of second quarter to first quarter 2016, distressed sales as a percentage of closed sales decreased by 3.8% (6.8 v. 10.6%).
• Short sales comprised 0.8% of new listings and 1.3% of sales in the second quarter, down 0.7% and 0.6% from the first quarter of 2016, respectively.
• Bank owned/REO properties comprised 3.3% of new listings and 5.5% of sales in the second quarter, down 2.3% and 3.2% from the first quarter of 2016, respectively.

Portland metro when comparing percentage share of the market, second quarter to first quarter 2016:
• When comparing second quarter to first quarter 2016, distressed sales as a percentage of new listings decreased by 2.7% (3.3 v. 6.0%).
• In a comparison of second quarter to first quarter 2016, distressed sales as a percentage of closed sales decreased by 4.1% (5.5 v. 9.6%).
• Short sales comprised 0.7% of new listings and 1.2% of sales in the second quarter, down 0.7% and 1.0% from the first quarter of 2016, respectively.
• Bank owned/REO properties comprised 2.6% of new listings and 4.3% of sales in the second quarter, down 2.0% and 3.1% from the first quarter of 2016, respectively.

Clark County when comparing percentage share of the market, second quarter to first quarter 2016:
• When comparing second quarter to first quarter 2016, distressed sales as a percentage of new listings decreased by 2.6% (3.2 v. 5.8%).
• In a comparison of second quarter to first quarter 2016, distressed sales as a percentage of closed sales decreased by 0.8% (5.2 v. 6.0%).
• Short sales comprised 1.3% of new listings and 2.5% of sales in the second quarter, down 1.2% for new listings and up 0.6% when compared to the first quarter of 2016, respectively.
• Bank owned/REO properties comprised 1.9% of new listings and 2.7% of sales in the second quarter, down 1.4% and 1.4% from the first quarter of 2016, respectively.

If you’d like more information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.

This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the first quarter of 2016.

Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (1st Quarter 2016)
• Clark County, WA Distressed Properties (1st Quarter 2016)
• Lane County, OR Distressed Properties (1st Quarter 2016)
• Douglas County, OR Distressed Properties (1st Quarter 2016)
• Coos County, OR Distressed Properties (1st Quarter 2016)

Here are some additional facts about distressed residential properties in the first quarter of 2016:

All areas when comparing percentage share of the market, first quarter 2016 to fourth quarter 2015:
• When comparing first quarter 2016 to fourth quarter 2015, distressed sales as a percentage of new listings decreased by 3.0% (7.1 v. 10.1%).
• In a comparison of first quarter 2016 to fourth quarter 2015, distressed sales as a percentage of closed sales decreased by 2.1% (10.6 v. 8.5%).
• Short sales comprised 1.5% of new listings and 1.9% of sales in the first quarter of 2016, down 0.7% and up 0.2% from the fourth quarter of 2015, respectively.
• Bank owned/REO properties comprised 5.6% of new listings and 8.7% of sales in the first quarter of 2016, down 2.3% and up 1.9% from the fourth quarter of 2015, respectively.

Portland metro when comparing percentage share of the market, first quarter 2016 to fourth quarter 2015:
• When comparing first quarter 2016 to fourth quarter 2015, distressed sales as a percentage of new listings decreased by 3.2% (6.0 v. 9.2%).
• In a comparison of first quarter 2016 to fourth quarter 2015, distressed sales as a percentage of closed sales increased by 1.9% (9.6 v. 7.7%).
• Short sales comprised 1.4% of new listings and 2.2% of sales in the first quarter of 2016, down 0.7% and up 0.4% from the fourth quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.6% of new listings and 7.4% of sales in the first quarter of 2016, down 2.5% and up 1.5% from the fourth quarter of 2015, respectively.

Clark County when comparing percentage share of the market, first quarter 2016 to fourth quarter 2015:
• When comparing first quarter 2016 to fourth quarter 2015, distressed sales as a percentage of new listings decreased by 1.2% (5.8 v. 7.0%).
• In a comparison of first quarter 2016 to fourth quarter 2015, distressed sales as a percentage of closed sales remained unchanged (6.0 v. 6.0%).
• Short sales comprised 2.5% of new listings and 1.9% of sales in the first quarter of 2016, down 0.9% for new listings and exactly matching sales when compared to the fourth quarter of 2015, respectively.
• Bank owned/REO properties comprised 3.3% of new listings and 4.1% of sales in the first quarter of 2016, down 0.3% and exactly matching the fourth quarter of 2015, respectively.

If you’d like more information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.

The chart below shows the number of bank owned/REO and short sales in all areas of the RMLS™ system during 2015.

All areas when comparing percentage share of the market 2014 to 2015:
• Comparing 2014 to 2015, distressed sales as a percentage of closed sales decreased from 10.4% to 8.8%.
• New listings increased from 68,291 to 73,624, which is a 7.8% increase.
• Short sales comprised 2.0% of new listings and 2.2% of sold listings in 2015, down 1.3% and 1.9% from 2014 respectively as a percentage of the market.
• Bank owned/REO properties comprised 5.6% of new listings and 6.6% of sales in 2015, increasing from 5.2% and 6.3%, respectively, in 2014.

Portland metro when comparing percentage share of the market 2014 to 2015:
• Comparing 2014 to 2015, distressed sales as a percentage of closed sales decreased from 8.6% to 7.4%.
• New listings rose from 37,283 to 40,427, which is a 8.4% increase.
• Short sales comprised 1.9% of new listings and 2.1% of sold listings in 2015, down 1.4% and 1.8% from 2014 respectively as a percentage of the market.
• Bank owned/REO properties comprised 4.8% of new listings and 5.3% of sales in 2015, increasing from 4.2% and 4.7%, respectively, in 2014.

Clark County when comparing percentage share of the market 2014 to 2015:
• Comparing 2014 to 2015, distressed sales as a percentage of closed sales decreased from 14.6% to 8.3%.
• New listings rose from 9,607 to 10,506, which is a 9.4% increase.
• Short sales comprised 2.9% of new listings and 3.0% of sold listings in 2015, down 1.8% and 3.2% from 2014 as a percentage of the market.
• Bank owned/REO properties comprised 3.5% of new listings and 5.3% of sales in 2015, decreasing from 5.8% and 8.4% respectively in 2014.

Below are links to additional charts for some of our larger areas:
Portland Metro Area
Clark County, WA
Lane County, OR
Douglas County, OR
Coos County, OR

If you want information on percentages of distressed sales in other areas not represented by our charts, please contact us at communications@rmls.com.

This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the fourth quarter of 2015.

Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (4th Quarter 2015)
• Clark County, WA Distressed Properties (4th Quarter 2015)
• Lane County, OR Distressed Properties (4th Quarter 2015)
• Douglas County, OR Distressed Properties (4th Quarter 2015)
• Coos County, OR Distressed Properties (4th Quarter 2015)

Here are some additional facts about distressed residential properties in the fourth quarter of 2015:

All areas when comparing percentage share of the market, fourth quarter to third quarter 2015:
• When comparing fourth quarter to third quarter 2015, distressed sales as a percentage of new listings increased by 3.7% (10.1 v. 6.4%).
• In a comparison of fourth quarter to third quarter 2015, distressed sales as a percentage of closed sales increased by 0.9% (8.5 v. 7.6%).
• Short sales comprised 2.2% of new listings and 1.7% of sales in the fourth quarter, up 0.7% and down 0.2% from the third quarter of 2015, respectively.
• Bank owned/REO properties comprised 7.9% of new listings and 6.8% of sales in the fourth quarter, up 3.0% and 1.1% from the third quarter of 2015, respectively.

Portland metro when comparing percentage share of the market, fourth quarter to third quarter 2015:
• When comparing fourth quarter to third quarter 2015, distressed sales as a percentage of new listings increased by 3.8% (9.2 v. 5.4%).
• In a comparison of fourth quarter to third quarter 2015, distressed sales as a percentage of closed sales increased by 1.3% (7.7 v. 6.4%).
• Short sales comprised 2.1% of new listings and 1.8% of sales in the fourth quarter, up 0.7% and 0.1% from the third quarter of 2015, respectively.
• Bank owned/REO properties comprised 7.1% of new listings and 5.9% of sales in the fourth quarter, up 3.1% and 1.2% from the third quarter of 2015, respectively.

Clark County when comparing percentage share of the market, fourth quarter 2015 to third quarter 2015:
• When comparing fourth quarter to third quarter 2015, distressed sales as a percentage of new listings increased by 2.0% (7.0 v. 5.0%).
• In a comparison of fourth quarter to third quarter 2015, distressed sales as a percentage of closed sales decreased by 0.3% (6.0 v. 6.3%).
• Short sales comprised 3.4% of new listings and 1.9% of sales in the fourth quarter, up 1.5% for new listings and down 0.7% for sales when compared to the third quarter of 2015, respectively.
• Bank owned/REO properties comprised 3.6% of new listings and 4.1% of sales in the fourth quarter, up 0.5% and 0.4% from the third quarter of 2015, respectively.

If you’d like more information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.

This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the third quarter of 2015.

Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (3rd Quarter 2015)
• Clark County, WA Distressed Properties (3rd Quarter 2015)
• Lane County, OR Distressed Properties (3rd Quarter 2015)
• Douglas County, OR Distressed Properties (3rd Quarter 2015)
• Coos County, OR Distressed Properties (3rd Quarter 2015)

Here are some additional facts about distressed residential properties in the third quarter of 2015:

All areas when comparing percentage share of the market, third quarter to second quarter 2015:
• When comparing third quarter to second quarter 2015, distressed sales as a percentage of new listings increased by 0.1% (6.4 v. 6.3%).
• In a comparison of third quarter to second quarter 2015, distressed sales as a percentage of closed sales decreased by 0.7% (7.6 v. 8.3%).
• Short sales comprised 1.5% of new listings and 1.9% of sales in the third quarter, down 0.1% and 0.4% from the second quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.9% of new listings and 5.7% of sales in the third quarter, up 0.2% and down 0.3% from the second quarter of 2015, respectively.

Portland metro when comparing percentage share of the market, third quarter to second quarter 2015:
• When comparing third quarter to second quarter 2015, distressed sales as a percentage of new listings decreased by 0.3% (5.4 v. 5.7%).
• In a comparison of third quarter to second quarter 2015, distressed sales as a percentage of closed sales decreased by 0.3% (6.4 v. 6.7%).
• Short sales comprised 1.4% of new listings and 1.7% of sales in the third quarter, down 0.2% and 0.5% from the second quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.0% of new listings and 4.7% of sales in the third quarter, down 0.1% and up 0.2% from the second quarter of 2015, respectively.

Clark County when comparing percentage share of the market, third quarter 2015 to second quarter 2015:
• When comparing third quarter to second quarter 2015, distressed sales as a percentage of new listings decreased by 0.2% (5.0 v. 5.2%).
• In a comparison of third quarter to second quarter 2015, distressed sales as a percentage of closed sales decreased by 2.6% (6.3 v. 8.9%).
• Short sales comprised 1.9% of new listings and 2.6% of sales in the third quarter, down 0.5% for new listings and 0.7% for sales when compared to the second quarter of 2015, respectively.
• Bank owned/REO properties comprised 3.1% of new listings and 3.7% of sales in the third quarter, up 0.3% and down 1.9% from the second quarter of 2015, respectively.

If you’d like more information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.

This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the second quarter of 2015.

Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (2nd Quarter 2015)
• Clark County, WA Distressed Properties (2nd Quarter 2015)
• Lane County, OR Distressed Properties (2nd Quarter 2015)
• Douglas County, OR Distressed Properties (2nd Quarter 2015)
• Coos County, OR Distressed Properties (2nd Quarter 2015)

Here are some additional facts about distressed residential properties in the second quarter of 2015:

All areas when comparing percentage share of the market, second quarter to first quarter 2015:
• When comparing second quarter to first quarter 2015, distressed sales as a percentage of new listings decreased by 2.6% (6.3 v. 8.9%).
• In a comparison of second quarter to first quarter 2015, distressed sales as a percentage of closed sales decreased by 4.0% (8.3 v. 12.3%).
• Short sales comprised 1.6% of new listings and 2.3% of sales in the second quarter, down 1.3% and 1.1% from the first quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.7% of new listings and 6.0% of sales in the second quarter, down 1.4% and 2.9% from the first quarter of 2015, respectively.

Portland metro when comparing percentage share of the market, second quarter to first quarter 2015:
• When comparing second quarter to first quarter 2015, distressed sales as a percentage of new listings decreased by 2.0% (5.7 v. 7.7%).
• In a comparison of second quarter to first quarter 2015, distressed sales as a percentage of closed sales decreased by 3.4% (6.7 v. 10.1%).
• Short sales comprised 1.6% of new listings and 2.2% of sales in the second quarter, down 1.2% and 0.8% from the first quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.1% of new listings and 4.5% of sales in the second quarter, down 0.8% and 2.6% from the first quarter of 2015, respectively.

Clark County when comparing percentage share of the market, second quarter 2015 to first quarter 2015:
• When comparing second quarter to first quarter 2015, distressed sales as a percentage of new listings decreased by 4.1% (5.2 v. 9.3%).
• In a comparison of second quarter to first quarter 2015, distressed sales as a percentage of closed sales decreased by 5.1% (8.9 v. 14.0%).
• Short sales comprised 2.4% of new listings and 3.3% of sales in the second quarter, down 2.0% for new listings and 1.7% for sales when compared to the first quarter of 2015, respectively.
• Bank owned/REO properties comprised 2.8% of new listings and 5.6% of sales in the second quarter, down 2.1% and 3.4% from the first quarter of 2015, respectively.

If you’d like more information or percentages of distressed residential sales in other areas not represented by our charts, please contact us at communications@rmls.com.

Click to enlarge

Ever wonder how distressed properties fare in terms of their cumulative days on market (CDOM) versus traditional listings?

RMLS™ tax data guru Kim Hutchinson has been tracking CDOM on RMLSweb since July 2009 and as a follow-up to last week’s release of the Q1 2015 residential distressed properties infographics, we put his collected monthly records into graph form.

Enjoy!