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.

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.

The chart below shows the number of bank owned/REO and short sales in all areas of the RMLS™ system during 2014.

All areas when comparing percentage share of the market 2013 to 2014:
• Comparing 2013 to 2014, distressed sales as a percentage of closed sales decreased from 15.1% to 10.4%.
• New listings increased from 65,206 to 68,291, which is a 4.7% increase.
• Short sales comprised 3.3% of new listings and 4.1% of sold listings in 2014, down 3.1% and 4.0% from 2013 respectively as a percentage of the market.
• Bank owned/REO properties comprised 5.2% of new listings and 6.3% of sales in 2014, increasing from 4.5% and decreasing from 7.0%, respectively, in 2013.

Portland metro when comparing percentage share of the market 2013 to 2014:
• Comparing 2013 to 2014, distressed sales as a percentage of closed sales decreased from 13.2% to 8.6%.
• New listings rose from 35,524 to 37,283, which is a 4.9% increase.
• Short sales comprised 3.3% of new listings and 3.9% of sold listings in 2014, down 3.1% and 4.1% from 2013 respectively as a percentage of the market.
• Bank owned/REO properties comprised 4.2% of new listings and 4.7% of sales in 2014, increasing from 3.3% and decreasing from 5.2%, respectively, in 2013.

Clark County when comparing percentage share of the market 2013 to 2014:
• Comparing 2013 to 2014, distressed sales as a percentage of closed sales decreased from 22.4% to 14.6%.
• New listings rose from 9,079 to 9,607, which is a 5.8% increase.
• Short sales comprised 4.7% of new listings and 6.2% of sold listings in 2014, down 5.3% and 6.5% from 2013 as a percentage of the market.
• Bank owned/REO properties comprised 5.8% of new listings and 8.4% of sales in 2014, decreasing from 7.8% and 9.7% respectively in 2013.

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.

RMLS™ knows just how popular our quarterly distressed properties infographics are. We often get an inquiry or two before the end of each quarter—and once they’re released, we hear from others looking for information for their part of the RMLS™ region, or sometimes a particular town inside a larger area.

Subscribers can pull their own data using RMLSweb for whatever county, city, ZIP, or area number they’d like. Here’s how.

On RMLSweb, hover over the Statistics menu and select “Market Stats” (above). You’ll be running a total of six searches using this feature to recreate the information RMLS™ provides on our distressed infographics.

SEARCH #1: Finding All Listed Properties

In the “Report” drop down menu, select “Dollar Value by Area.” Check whichever property categories you’re interested in finding (most subscribers will want “Residential”), and check all the statuses in the “Status” box.

Here’s where each search will be different depending on what you’re looking for. You can search using the area box (or type in a range, such as 145-148); select a county; select a city; or type in a ZIP code.

Narrow the search by typing dates into List Date. We generated first quarter data by asking for 1/1/2014 through 3/31/2014, but you might want to pull numbers for a different time frame.

Press on the Search button in the upper right of the window, and look at the summary row under “Total Props.” In our example (above), this gives you all properties listed in Lake Oswego during the first quarter of 2014.

SEARCH #2: Finding All Listed Short Sales

Follow the steps above, but check “Yes” on the Short Sale drop-down menu. Press on the Search button in the upper right of the window, and look at the summary row under “Total Props.” In our example, this gives you all short sale properties listed in Lake Oswego during the first quarter of 2014.

SEARCH #3: Finding All Listed Bank-Owned/REO Properties

Follow the steps in Search #1, but check “Yes” on the Bank Owned/REO drop-down menu. (If you did Search #2, don’t forget to clear out the Short Sale field!) Press on the Search button in the upper right of the window, and look at the summary row under “Total Props.” In our example, this gives you all Bank Owned/REO properties listed in Lake Oswego during the first quarter of 2014.

SEARCH #4: Finding All Sold Properties

In the “Report” drop down menu, select “Dollar Value by Area.” Check whichever property categories you’re interested in finding (most subscribers will want “Residential”), and check SLD and SNL in the “Status” box.

Here’s where each search will be different depending on what you’re looking for. You can search using the area box (or type in a range, such as 145-148); select a county; select a city; or type in a ZIP code.

Narrow the search by typing dates into Sold Date. We generated first quarter data by asking for 1/1/2014 through 3/31/2014, but you might want to pull numbers for a different time frame.

Press on the Search button in the upper right of the window, and look at the summary row under “Total Props.” In our example (above), this gives you all properties sold in Lake Oswego during the first quarter of 2014.

SEARCH #5: Finding All Sold Short Sales

Follow the steps in Search #4, but check “Yes” on the Short Sale drop-down menu. Press on the Search button in the upper right of the window, and look at the summary row under “Total Props.” In our example, this gives you all short sale properties sold in Lake Oswego during the first quarter of 2014.

SEARCH #6: Finding All Sold Bank-Owned/REO Properties

Follow the steps in Search #4, but check “Yes” on the Bank Owned/REO drop-down menu. (If you did Search #5, don’t forget to clear out the Short Sale field!) Press on the Search button in the upper right of the window, and look at the summary row under “Total Props.” In our example, this gives you all Bank Owned/REO properties sold in Lake Oswego during the first quarter of 2014.

That’s it!

If you have access to graphics software, you can use your custom searches to develop graphics for distribution to clients. As always, all we ask is that you cite RMLS™ as the source of your data.

The chart below shows the number of bank owned/REO and short sales in all areas of the RMLS™ system during 2013.

All areas when comparing percentage share of the market 2012 to 2013:
• Comparing 2012 to 2013, distressed sales as a percentage of closed sales decreased from 28.6% to 15.1%.
• New listings rose from 58,280 to 65,206 which is a 11.8% increase.
• Short sales comprised 6.4% of new listings and 8.1% of sold listings in 2013, down 4.9% and 4.0% from 2012 respectively as a percentage of the market.
• Bank owned/REO properties comprised 4.5% of new listings and 7.0% of sales in 2013, decreasing slightly from 10.3% and 16.5% respectively in 2012.

Portland metro when comparing percentage share of the market 2012 to 2013:
• Comparing 2012 to 2013, distressed sales as a percentage of closed sales decreased from 28.2% to 13.2%.
• New listings rose from 32,011 to 35,524 which is a 11.0% increase.
• Short sales comprised 6.4% of new listings and 8.0% of sold listings in 2013, down 5.7% and 4.3% from 2012 respectively as a percentage of the market.
• Bank owned/REO properties comprised 3.3% of new listings and 5.2% of sales in 2013, decreasing from 10.4% and 15.9% respectively in 2012.

Clark County when comparing percentage share of the market 2012 to 2013:
• Comparing 2012 to 2013, distressed sales as a percentage of closed sales decreased from 32.2% to 22.4%.
• New listings rose from 7,280 to 9,079 which is a 24.7% increase.
• Short sales comprised 10.0% of new listings and 12.7% of sold listings in 2013, down 9.1% and 5.8% from 2012 respectively as a percentage of the market.
• Bank owned/REO properties comprised 7.8% of new listings and 9.7% of sales in 2013, decreasing from 8.8% and 13.7% respectively in 2012.

Below are links to additional charts for some of our larger areas:
Portland Metro
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 properties and short sales in all areas of the RMLS™ system during the fourth quarter of 2012.

Below are links to additional charts for some of our larger areas.
• Portland Metro Distressed Properties (4th Quarter 2012)
• Clark County, WA Distressed Properties (4th Quarter 2012)
• Lane County, OR Distressed Properties (4th Quarter 2012)
• Douglas County, OR Distressed Properties (4th Quarter 2012)
• Coos County, OR Distressed Properties (4th Quarter 2012)

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

All areas when comparing percentage share of the market, fourth quarter 2012 to third quarter 2012:
• When comparing the fourth quarter of 2012 to the third quarter, distressed sales as a percentage of new listings increased by 3.2% (21.4% v. 18.2%).
• In a comparison of the fourth quarter of 2012 to the third quarter, distressed sales as a percentage of closed sales decreased by 1.2% (23.6% v. 24.8%).
• Short sales comprised 11.3% of new listings and 11.9% of sales in the fourth quarter of 2012, up 1.5% and down .3% from the third quarter of 2012, respectively.
• Bank owned/REO properties comprised 10.1% of new listings and 11.7% of sales in the fourth quarter of 2012, up 1.7% and down .9% from the third quarter of 2012, respectively.

Portland Metro when comparing percentage share of the market, fourth quarter 2012 to third quarter 2012:
• When comparing the fourth quarter of 2012 to the third quarter, distressed sales as a percentage of new listings increased by 2.6% (21.1% v. 18.5%).
• In a comparison of fourth quarter 2012 to third quarter, distressed sales as a percentage of closed sales decreased by 1.4% (22.8% v. 24.2%).
• Short sales comprised 12.0% of new listings and 12.3% of sales in the fourth quarter of 2012, up 1.8% and down .2% from the third quarter of 2012, respectively.
• Bank owned/REO properties comprised 9.1% of new listings and 10.5% of sales in the fourth quarter of 2012, up .8% and down 1.2% from the third quarter of 2012, respectively.

Clark County when comparing percentage share of the market, fourth quarter 2012 to third quarter 2012:
• When comparing the fourth quarter of 2012 to the third quarter, distressed sales as a percentage of new listings increased by 2.1% (26.7% v. 24.6%).
• In a comparison of fourth quarter 2012 to third quarter 2012, distressed sales as a percentage of closed sales decreased by 1.0% (28.8% v. 29.8%).
• Short sales comprised 17.8% of new listings and 18.6% of sales in the fourth quarter of 2012, up .6% for new listings and down 1.5% for sales when compared to the third quarter of 2012, respectively.
• Bank owned/REO properties comprised 8.9% of new listings and 10.2% of sales in the fourth quarter of 2012, up 1.5% and .5% from the third 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 chart shows the number of bank owned properties and short sales in all areas of the RMLS™ system during the third quarter of 2012.

Below are links to additional charts for some of our larger areas.
• Portland Metro Distressed Properties (3rd Quarter 2012)
• Clark County, WA Distressed Properties (3rd Quarter 2012)
• Lane County, OR Distressed Properties (3rd Quarter 2012)
• Douglas County, OR Distressed Properties (3rd Quarter 2012)
• Coos County, OR Distressed Properties (3rd Quarter 2012)

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

All areas when comparing percentage share of the market, third quarter 2012 to second quarter 2012:
• When comparing the third quarter of 2012 to the second quarter, distressed sales as a percentage of new listings decreased by .6% (18.2% v. 18.8%).
• In a comparison of the third quarter of 2012 to the second quarter, distressed sales as a percentage of closed sales decreased by 5.3% (24.8% v. 30.1%).
• Short sales comprised 9.8% of new listings and 12.2% of sales in the third quarter of 2012, down .1% and up .5% from the second quarter of 2012, respectively.
• Bank owned/REO properties comprised 8.4% of new listings and 12.6% of sales in the third quarter of 2012, down .5% and 5.8% from the second quarter of 2012, respectively.

Portland Metro when comparing percentage share of the market, third quarter 2012 to second quarter 2012:
• When comparing the third quarter of 2012 to the second quarter, distressed sales as a percentage of new listings decreased by 1.4% (18.5% v. 19.9%).
• In a comparison of 3Q 2012 to 2Q, distressed sales as a percentage of closed sales decreased by 5.3% (24.2% v. 29.5%).
• Short sales comprised 10.2% of new listings and 12.5% of sales in 3Q 2012, down .3% and up 1.1% from 2Q 2012, respectively.
• Bank owned/REO properties comprised 8.3% of new listings and 11.7% of sales in 3Q 2012, down 1% and 6.4% from 2Q 2012, respectively.

Clark County when comparing percentage share of the market, third quarter 2012 to second quarter 2012:
• When comparing the third quarter of 2012 to the second quarter, distressed sales as a percentage of new listings decreased by .4% (24.6% v. 25.0%).
• In a comparison of 3Q 2012 to 2Q 2012, distressed sales as a percentage of closed sales decreased by 5.3% (29.7% v. 35%).
• Short sales comprised 17.2% of new listings and 20.1% of sales in the third quarter of 2012, down .1% for new listings and down .3% for sales when compared to the second quarter of 2012, respectively.
• Bank owned/REO properties comprised 7.4% of new listings and 9.7% of sales in the third quarter of 2012, down .4% and 4.9% from the second 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.