{"id":866,"date":"2009-12-15T14:34:03","date_gmt":"2009-12-15T21:34:03","guid":{"rendered":"http:\/\/rmlsweb.wordpress.com\/?p=866"},"modified":"2009-12-15T14:34:03","modified_gmt":"2009-12-15T21:34:03","slug":"rmls-market-action-november-2009","status":"publish","type":"post","link":"https:\/\/rmlscentral.com\/v1\/2009\/12\/15\/rmls-market-action-november-2009\/","title":{"rendered":"November 2009 RMLS Market Action Recap"},"content":{"rendered":"
\"image_pdf\"<\/a>\"image_print\"<\/a><\/div>

Sales up, but in comparison to a dismal month last November<\/font><\/h2>\n

The big highlight this month for many areas is a large jump in closed sales compared to last November. Curry County posted a 141.7% increase and Portland and Clark County set records for percentage increases in same-month sales at 72.4% and 70.5%, respectively.<\/p>\n

\"\"<\/a><\/p>\n

While these stats are obviously a good sign for market activity, continue to keep in mind that last year we were at the height of the economic crisis and we hit some of the lowest points in sales totals in recent years. So, yes, sales are way up compared to last year, but remember that we\u2019re comparing it to unusually low sales totals.<\/p>\n

Has the winter slowdown arrived?<\/strong>
\nClosed sales had been on the rise in many key areas month-to-month through October, but it appears that the winter slowdown has arrived. Compared to this October, pending and closed sales were down in most areas, including Columbia Basin, Douglas County, Lane County, the Mid-Columbia region,\u00a0 Portland and Clark County.<\/p>\n

Inventory up<\/strong>
\nInventory ticked up in every area except Curry County and Union County, however, most areas are well below last year\u2019s inventory levels thanks to fewer listings entering the market and higher sales totals. For example, Portland\u2019s inventory stands at 7.1 months – 53% less than last November\u2019s 15 months of inventory.<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Sales up, but in comparison to a dismal month last November The big highlight this month for many areas is a large jump in closed sales compared to last November. Curry County posted a 141.7% increase and Portland and Clark County set records for percentage increases in same-month sales at 72.4% and 70.5%, respectively. While […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[34,35,36,37,38,39,13,40,19,42,21,43,44,28,31,33],"tags":[176,178,463,209,220,248,270,273,276,469,346],"series":[],"episode_featured_image":false,"episode_player_image":"https:\/\/rmlscentral.com\/v1\/wp-content\/plugins\/seriously-simple-podcasting\/assets\/images\/no-album-art.png","download_link":false,"player_link":false,"audio_player":false,"episode_data":{"playerMode":"dark","subscribeUrls":{"apple_podcasts":{"key":"apple_podcasts","url":"","label":"Apple Podcasts","icon":"apple-podcasts.png"},"google_play":{"key":"google_play","url":"https:\/\/play.google.com\/music\/m\/Iinki5xppiud4zt7r4evlggzzcy?t=Real_Talk_with_RMLS","label":"Google Play","icon":"google-play.png"},"google_podcasts":{"key":"google_podcasts","url":"","label":"Google Podcasts","icon":"google-podcasts.png"}},"rssFeedUrl":"https:\/\/rmlscentral.com\/v1\/feed\/podcast","embedCode":"

November 2009 RMLS Market Action Recap<\/a><\/blockquote>\n