This Week’s Lockbox Activity
For the week of April 29-May 5, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity increased significantly in Washington, but fell slightly in Oregon this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
This Week’s Lockbox Activity
For the week of April 22-28, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity fell slightly in both Oregon and Washington this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
This Week’s Lockbox Activity
For the week of April 15-21, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity rose slightly in Oregon but fell in Washington this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
This Week’s Lockbox Activity
For the week of April 8-14, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity increased in Washington but tapered slightly in Oregon this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
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 2013.
Below are links to additional charts for some of our larger areas.
• Portland Metro Distressed Properties (1st Quarter 2013)
• Clark County, WA Distressed Properties (1st Quarter 2013)
• Lane County, OR Distressed Properties (1st Quarter 2013)
• Douglas County, OR Distressed Properties (1st Quarter 2013)
• Coos County, OR Distressed Properties (1st Quarter 2013)
Here are some additional facts about distressed residential properties in the first quarter of 2013:
All areas when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 6.1% (15.3% v. 21.4%).
• In a comparison of the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales increased by 0.9% (24.5% v. 23.6%).
• Short sales comprised 9.2% of new listings and 11.4% of sales in the first quarter of 2013, down 2.1% and down 0.5% from the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 6.1% of new listings and 13.1% of sales in the first quarter of 2013, down 4.0% and up 1.4% from the fourth quarter of 2012, respectively.
Portland Metro when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 7.2% (13.9% v. 21.1%).
• In a comparison of first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales decreased by 0.6% (22.2% v. 22.8%).
• Short sales comprised 8.7% of new listings and 11.2% of sales in the first quarter of 2013, down 3.3% and 1.1% from the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 5.2% of new listings and 11.0% of sales in the first quarter of 2013, down 3.9% and up 0.5% from the fourth quarter of 2012, respectively.
Clark County when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 3.0% (23.7% v. 26.7%).
• In a comparison of first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales increased by 1.8% (30.6% v. 28.8%).
• Short sales comprised 14.7% of new listings and 18.7% of sales in the first quarter of 2013, down 3.1% for new listings and up 0.1% for sales when compared to the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 9.0% of new listings and 11.9% of sales in the first quarter of 2013, up 0.1% and 1.7% from the fourth quarter of 2012, 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 Week’s Lockbox Activity
For the week of April 1-7, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity in Oregon and Washington increased this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
This Week’s Lockbox Activity
For the week of March 25-31, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity in Oregon and Washington decreased this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
This Week’s Lockbox Activity
For the week of March 18-24, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity in both Oregon and Washington decreased slightly this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
This Week’s Lockbox Activity
For the week of March 11-17, 2013, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Oregon and Washington. Activity in both Oregon and Washington increased by 3.7% this week.
For a larger version of each chart, visit the RMLS™ photostream on Flickr.
The archive of RMLS™ Market Action statistical summaries on RMLSweb has a fresh new look, thanks to RMLS™ Business Analyst/Policy Manager Christina Smestad.
If you have never seen them, statistical summaries compile many years of data from our Market Action newsletter for most areas in the RMLS™ region so readers can compare long-term market movements in key areas.
In order to improve the statistical summaries we standardized the data, added a few numbers not previously compiled, and reworked the layout to be more readable and printer-friendly. Our revised versions combine average and median sales price into one report and add inventory counts to the summary report. We think you’ll like what you see!
Available reports include average sales price, average and median sales price by area, closed sales, market percent and time by price, median sales price, new listings, pending listings, and a summary report. Affordability summaries are available for the Portland metro area, Clark County, and Lane County. Statistical summaries are currently available for those areas as well as Baker County, Columbia Basin, Coos County, Curry County, Douglas County, Mid-Columbia, Union County, and Wallowa County.
The treasury of statistical summaries may be accessed online two ways. Currently, subscribers logged in to RMLSweb may navigate to Toolkit->All Documents, then expand the folder titled “Market Action Statistical Summaries” on the left sidebar to find subgroups of specific geographic regions (see image at left).
As of March 28, a shortcut will be available allowing users to access quick links to statistical summaries directly from the RMLSweb menu. Subscribers logged in to RMLSweb may navigate to Statistics->Statistical Summaries for a more navigable list of geographic areas.
Moving forward, RMLS™ will update the statistical summaries more frequently than the annual updates of the past. We’re also working to expand the reports into other areas: Polk and Marion Counties, Grant County, North Coastal Communities, and Cowlitz County are planned additions for the future!