Residential Distressed Properties for April – June 2012

This chart shows the number of Bank Owned and Short Sales in all areas of the RMLS™ system during the second quarter of 2012. To download or print the chart, click here.

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

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

Here are some additional facts about distressed residential properties in the second quarter of 2012:

All Areas when comparing percentage share of the market 2nd quarter of 2012 to 1st quarter of 2012

  • When comparing the second quarter of 2012 to the first quarter, distressed sales as a percentage of new listings decreased by 10.1% (18.8% v. 28.9%).
  • In a comparison of the second quarter of 2012 to the first quarter, distressed sales as a percentage of closed sales decreased by 8.8% (30.1% v. 38.9%).
  • Short Sales comprised 9.9% of new listings and 11.7% of sales in the second quarter of 2012, down 5.1% and 1.3% from the first quarter 2012, respectively.
  • Bank Owned/REO properties comprised 8.9% of new listings and 18.4% of sales in the second quarter of 2012, down 5% and 7.5% from the first quarter of 2012, respectively.

Portland Metro when comparing percentage share of the market 2nd quarter of 2012 to 1st quarter of 2012

  • When comparing the second quarter of 2012 to the first quarter, distressed sales as a percentage of new listings decreased by 11.2% (19.8% v. 31%).
  • In a comparison of the second quarter of 2012 to the first quarter, distressed sales as a percentage of closed sales decreased by 9.7% (29.5% v. 39.2%).
  • Short Sales comprised 10.5% of new listings and 11.4% of sales in the second quarter of 2012, down 5.6% and 2.1% from the first quarter 2012, respectively.
  • Bank Owned/REO properties comprised 9.3% of new listings and 18.1% of sales in first quarter 2012, down 5.6% and 7.6% from the first quarter of 2012, respectively.

Clark County when comparing percentage share of the market 2nd quarter of 2012 to 1st quarter of 2012

  • When comparing the second quarter of 2012 to the first quarter, distressed sales as a percentage of new listings decreased by 10% (25.1 % v. 35.1%).
  • In a comparison of the second quarter of 2012 to the first quarter, distressed sales as a percentage of closed sales increased by 13.1% (35% v. 48.1%).
  • Short Sales comprised 17.3% of new listings and 20.4% of sales in the second quarter of 2012, down 6.5% for new listings and holding steady for sales when compared to first quarter 2012, respectively.
  • Bank Owned/REO properties comprised 7.8% of new listings and 14.6% of sales in 2012, down 3.5% and 13.1% from the first quarter of 2012, respectively.



Supra Lockbox Activity: Updated Through the Week of July 2 – July 8

This Week’s Lockbox Activity Decreases for Oregon and Washington

For the week ending on 7/8/12, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Washington and Oregon. Compared to the previous week, activity decreased  in both Oregon and Washington.

To see larger versions of these charts visit our photostream on flickr.




Supra Lockbox Activity: Updated Through the Week of June 25 – July 1

This Week’s Lockbox Activity is Steady for Oregon and Slightly Lower in Washington

For the week ending on 7/1/12, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Washington and Oregon. Compared to the previous week, activity increased  in both Oregon and Washington.

To see larger versions of these charts visit our photostream on flickr.




Supra Lockbox Activity: Updated Through the Week of June 18 – June 24

This Week’s Lockbox Activity Rises for Oregon and Washington

For the week ending on 6/24/12, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Washington and Oregon. Compared to the previous week, activity increased  in both Oregon and Washington.

To see larger versions of these charts visit our photostream on flickr.




Supra Lockbox Activity: Updated Through the Week of June 10 – June 17

This Week’s Lockbox Activity Decreases for Oregon and Washington

For the week ending on 6/17/12, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Washington and Oregon. Compared to the previous week, activity decreased in Oregon and Washington.

To see larger version of these charts visit our photostream on flickr.




Supra Lockbox Activity: Updated Through the Week of June 4 – June 10

This Week’s Lockbox Activity Rises for Oregon and Dips for Washington

For the week ending on 6/10/12, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Washington and Oregon. Compared to the previous week, activity increased in Oregon and decreased in Washington.

To see larger version of these charts visit our photostream on flickr.




Supra Lockbox Activity: Updated Through the Week of May 28 – June 3

This Week’s Lockbox Activity Rises for Washington and Oregon

For the week ending on 6/3/12, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Washington and Oregon. Compared to the previous week, activity increased in both Oregon and Washington.

To see larger version of these charts visit our photostream on flickr.




Supra Lockbox Activity: Updated Through the Week of May 21 – May 27

This Week’s Lockbox Activity Decreases for Washington and Oregon

For the week ending on 5/27/12, these charts show the number of times RMLS™ subscribers opened Supra lockboxes in Washington and Oregon. Compared to the previous week, activity decreased in both Oregon and Washington. This is due in part to the decreased traffic on the weekend leading up to Memorial Day.

To see larger version of these charts visit our photostream on flickr.




Supra Lockbox Activity: Updated Through the Week of May 14 – 20

This Week’s Lockbox Activity Increases for Washington and Oregon

When comparing the week of May 14 – 20 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox rose 11.9% in Washington and 14.3% in Oregon.

To see larger version of these charts visit our photostream on flickr.




Supra Lockbox Activity: Updated Through the Week of May 7 – May 13

This Week’s Lockbox Activity Decreases for Washington and Oregon

When comparing the week of May 7 – May13 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox declined 11.1% in Washington and 7.4% in Oregon.

To see larger version of these charts visit our photostream on flickr.