When comparing the week of February 8-14 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox increased 9.9% in Washington and 3.2% in Oregon.
Click the chart for a larger view
Archive
View an archive of the Supra lockbox statistical reports on Flickr.
Despite the fact that closed and pending sales were up significantly when comparing January 2010 to January 2009 in most of our Market Action service areas, inventory also climbed significantly compared to the previous month. This is most likely due to the fact that new listings increased and closed sales decreased in most areas when comparing January 2010 with December 2009.
Portland saw a 34.7% increase in closed sales this month and a 24.3% increase in pending listings, while Clark County closed sales were up 34.8%, and pending sales rose 20.2%. Coos County, Douglas County, Lane County, the Mid-Columbia region and Union County also saw both closed and pending sales increase over last December.
Inventory Increase
Inventory jumped significantly in all areas in January 2010. In many of the areas this may be due to lower sales totals and higher numbers of new listings when compared to last. Portland increased from 7.7 months to 12.6 months. Clark County also entered the double digits, going from 7.6 months to 12.4. In addition, Lane County went from 7.1 months to 14.1 months. Keep in mind that this is pretty typically behavior in January.
Price Change
Average and Median sale prices continue to decline when compared to last year, in Portland, 5% and 4% respectively. But in Clark County prices are actually rose, 4.2% and 5.5% respectively. In addition, Clark County average and median sales prices increased when compared to December 2009, 0.3% and 3.9% respectively
When comparing the week of February 1-7 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox decreased 9.3% in Washington and 1.2% in Oregon.
Click the chart for a larger view
Archive
View an archive of the Supra lockbox statistical reports on Flickr.
The RMLSweb statistical reports have moved from their previous location under Toolkit to a new Statistics menu on the navigation bar between Prospecting and Realtor Info.
In addition we have rewritten the Market Trends, Market Stats and Inventory reports to improve the searching and results of these reports. For example, Market Trends Report will now allow you to search up to 36 months back and will provide you with inventory accumulation and sale price percent change calculations.
Click the following links for more information about our enhancements to RMLSweb Statistics:
Statistics 101 – Establish Yourself As an Expert.
Want a trainer to come out to your office and demonstrate this enhanced functionality? Call your local RMLS™ office or e-mail training@rmls.com.
Keep an eye out for updates to statistical features on RMLSweb. The changes will combine most statistical reports into a new Statistics menu on the RMLSweb Navigation Bar. In addition we have rewritten the Market Trends, Market Stats and Inventory reports to improve the searching and reporting of these reports.
For example, Market Trends Report will now allow you to search up to 36 months back and will provide you with inventory accumulation and sale price percent change calculations.
Want to learn more about these new reports? Call our Training Manager, Kerry Meeuwsen at 503-872-8051.