by RMLS Communication Department | Jan 26, 2016 | Distressed Properties, Industry News, Market Trends, Statistics
This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the fourth quarter of 2015.
Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (4th Quarter 2015)
• Clark County, WA Distressed Properties (4th Quarter 2015)
• Lane County, OR Distressed Properties (4th Quarter 2015)
• Douglas County, OR Distressed Properties (4th Quarter 2015)
• Coos County, OR Distressed Properties (4th Quarter 2015)
Here are some additional facts about distressed residential properties in the fourth quarter of 2015:
All areas when comparing percentage share of the market, fourth quarter to third quarter 2015:
• When comparing fourth quarter to third quarter 2015, distressed sales as a percentage of new listings increased by 3.7% (10.1 v. 6.4%).
• In a comparison of fourth quarter to third quarter 2015, distressed sales as a percentage of closed sales increased by 0.9% (8.5 v. 7.6%).
• Short sales comprised 2.2% of new listings and 1.7% of sales in the fourth quarter, up 0.7% and down 0.2% from the third quarter of 2015, respectively.
• Bank owned/REO properties comprised 7.9% of new listings and 6.8% of sales in the fourth quarter, up 3.0% and 1.1% from the third quarter of 2015, respectively.
Portland metro when comparing percentage share of the market, fourth quarter to third quarter 2015:
• When comparing fourth quarter to third quarter 2015, distressed sales as a percentage of new listings increased by 3.8% (9.2 v. 5.4%).
• In a comparison of fourth quarter to third quarter 2015, distressed sales as a percentage of closed sales increased by 1.3% (7.7 v. 6.4%).
• Short sales comprised 2.1% of new listings and 1.8% of sales in the fourth quarter, up 0.7% and 0.1% from the third quarter of 2015, respectively.
• Bank owned/REO properties comprised 7.1% of new listings and 5.9% of sales in the fourth quarter, up 3.1% and 1.2% from the third quarter of 2015, respectively.
Clark County when comparing percentage share of the market, fourth quarter 2015 to third quarter 2015:
• When comparing fourth quarter to third quarter 2015, distressed sales as a percentage of new listings increased by 2.0% (7.0 v. 5.0%).
• In a comparison of fourth quarter to third quarter 2015, distressed sales as a percentage of closed sales decreased by 0.3% (6.0 v. 6.3%).
• Short sales comprised 3.4% of new listings and 1.9% of sales in the fourth quarter, up 1.5% for new listings and down 0.7% for sales when compared to the third quarter of 2015, respectively.
• Bank owned/REO properties comprised 3.6% of new listings and 4.1% of sales in the fourth quarter, up 0.5% and 0.4% from the third quarter of 2015, 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.
by RMLS Communication Department | Oct 20, 2015 | Distressed Properties, Industry News, Market Trends, Statistics
This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the third quarter of 2015.
Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (3rd Quarter 2015)
• Clark County, WA Distressed Properties (3rd Quarter 2015)
• Lane County, OR Distressed Properties (3rd Quarter 2015)
• Douglas County, OR Distressed Properties (3rd Quarter 2015)
• Coos County, OR Distressed Properties (3rd Quarter 2015)
Here are some additional facts about distressed residential properties in the third quarter of 2015:
All areas when comparing percentage share of the market, third quarter to second quarter 2015:
• When comparing third quarter to second quarter 2015, distressed sales as a percentage of new listings increased by 0.1% (6.4 v. 6.3%).
• In a comparison of third quarter to second quarter 2015, distressed sales as a percentage of closed sales decreased by 0.7% (7.6 v. 8.3%).
• Short sales comprised 1.5% of new listings and 1.9% of sales in the third quarter, down 0.1% and 0.4% from the second quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.9% of new listings and 5.7% of sales in the third quarter, up 0.2% and down 0.3% from the second quarter of 2015, respectively.
Portland metro when comparing percentage share of the market, third quarter to second quarter 2015:
• When comparing third quarter to second quarter 2015, distressed sales as a percentage of new listings decreased by 0.3% (5.4 v. 5.7%).
• In a comparison of third quarter to second quarter 2015, distressed sales as a percentage of closed sales decreased by 0.3% (6.4 v. 6.7%).
• Short sales comprised 1.4% of new listings and 1.7% of sales in the third quarter, down 0.2% and 0.5% from the second quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.0% of new listings and 4.7% of sales in the third quarter, down 0.1% and up 0.2% from the second quarter of 2015, respectively.
Clark County when comparing percentage share of the market, third quarter 2015 to second quarter 2015:
• When comparing third quarter to second quarter 2015, distressed sales as a percentage of new listings decreased by 0.2% (5.0 v. 5.2%).
• In a comparison of third quarter to second quarter 2015, distressed sales as a percentage of closed sales decreased by 2.6% (6.3 v. 8.9%).
• Short sales comprised 1.9% of new listings and 2.6% of sales in the third quarter, down 0.5% for new listings and 0.7% for sales when compared to the second quarter of 2015, respectively.
• Bank owned/REO properties comprised 3.1% of new listings and 3.7% of sales in the third quarter, up 0.3% and down 1.9% from the second quarter of 2015, 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.
by RMLS Communication Department | Jul 23, 2015 | Distressed Properties, Industry News, Market Trends, Statistics
This chart shows the number of bank owned/REO properties and short sales in all areas of the RMLS™ system during the second quarter of 2015.
Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (2nd Quarter 2015)
• Clark County, WA Distressed Properties (2nd Quarter 2015)
• Lane County, OR Distressed Properties (2nd Quarter 2015)
• Douglas County, OR Distressed Properties (2nd Quarter 2015)
• Coos County, OR Distressed Properties (2nd Quarter 2015)
Here are some additional facts about distressed residential properties in the second quarter of 2015:
All areas when comparing percentage share of the market, second quarter to first quarter 2015:
• When comparing second quarter to first quarter 2015, distressed sales as a percentage of new listings decreased by 2.6% (6.3 v. 8.9%).
• In a comparison of second quarter to first quarter 2015, distressed sales as a percentage of closed sales decreased by 4.0% (8.3 v. 12.3%).
• Short sales comprised 1.6% of new listings and 2.3% of sales in the second quarter, down 1.3% and 1.1% from the first quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.7% of new listings and 6.0% of sales in the second quarter, down 1.4% and 2.9% from the first quarter of 2015, respectively.
Portland metro when comparing percentage share of the market, second quarter to first quarter 2015:
• When comparing second quarter to first quarter 2015, distressed sales as a percentage of new listings decreased by 2.0% (5.7 v. 7.7%).
• In a comparison of second quarter to first quarter 2015, distressed sales as a percentage of closed sales decreased by 3.4% (6.7 v. 10.1%).
• Short sales comprised 1.6% of new listings and 2.2% of sales in the second quarter, down 1.2% and 0.8% from the first quarter of 2015, respectively.
• Bank owned/REO properties comprised 4.1% of new listings and 4.5% of sales in the second quarter, down 0.8% and 2.6% from the first quarter of 2015, respectively.
Clark County when comparing percentage share of the market, second quarter 2015 to first quarter 2015:
• When comparing second quarter to first quarter 2015, distressed sales as a percentage of new listings decreased by 4.1% (5.2 v. 9.3%).
• In a comparison of second quarter to first quarter 2015, distressed sales as a percentage of closed sales decreased by 5.1% (8.9 v. 14.0%).
• Short sales comprised 2.4% of new listings and 3.3% of sales in the second quarter, down 2.0% for new listings and 1.7% for sales when compared to the first quarter of 2015, respectively.
• Bank owned/REO properties comprised 2.8% of new listings and 5.6% of sales in the second quarter, down 2.1% and 3.4% from the first quarter of 2015, 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.
by RMLS Communication Department | Apr 22, 2015 | Distressed Properties, Statistics
Click to enlarge
Ever wonder how distressed properties fare in terms of their cumulative days on market (CDOM) versus traditional listings?
RMLS™ tax data guru Kim Hutchinson has been tracking CDOM on RMLSweb since July 2009 and as a follow-up to last week’s release of the Q1 2015 residential distressed properties infographics, we put his collected monthly records into graph form.
Enjoy!
by RMLS Communication Department | Apr 16, 2015 | Distressed Properties, Industry News, Market Trends, Statistics
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 2015.
Below are links to additional charts for some of our larger areas.
• Portland Metro Area Distressed Properties (1st Quarter 2015)
• Clark County, WA Distressed Properties (1st Quarter 2015)
• Lane County, OR Distressed Properties (1st Quarter 2015)
• Douglas County, OR Distressed Properties (1st Quarter 2015)
• Coos County, OR Distressed Properties (1st Quarter 2015)
Here are some additional facts about distressed residential properties in the first quarter of 2015:
All areas when comparing percentage share of the market, first quarter 2015 to fourth quarter 2014:
• When comparing the first quarter 2015 to fourth quarter 2014, distressed sales as a percentage of new listings decreased by 3.1% (8.9 v. 12.0%).
• In a comparison of the first quarter 2015 to fourth quarter 2014, distressed sales as a percentage of closed sales increased by 2.8% (12.3 v. 9.5%).
• Short sales comprised 2.9% of new listings and 3.4% of sales in the first quarter of 2015, down 0.6% and up 0.4% from the fourth quarter of 2014, respectively.
• Bank owned/REO properties comprised 6.0% of new listings and 8.9% of sales in the first quarter of 2015, down 2.5% and up 2.4% from the fourth quarter of 2014, respectively.
Portland metro when comparing percentage share of the market, first quarter 2015 to fourth quarter 2014:
• When comparing the first quarter 2015 to fourth quarter 2014, distressed sales as a percentage of new listings decreased by 3.0% (7.7 v. 10.7%).
• In a comparison of first quarter 2015 to fourth quarter 2014, distressed sales as a percentage of closed sales increased by 1.9% (10.1 v. 8.2%).
• Short sales comprised 2.8% of new listings and 3.0% of sales in the first quarter of 2015, down 1.0% and up 0.1% from the fourth quarter of 2014, respectively.
• Bank owned/REO properties comprised 4.9% of new listings and 7.1% of sales in the first quarter of 2015, down 2.0% and up 1.8% from the fourth quarter of 2014, respectively.
Clark County when comparing percentage share of the market, first quarter 2015 to fourth quarter 2014:
• When comparing the first quarter 2015 to fourth quarter 2014, distressed sales as a percentage of new listings decreased by 3.4% (9.3 v. 12.7%).
• In a comparison of first quarter 2015 to fourth quarter 2014, distressed sales as a percentage of closed sales increased by 2.5% (14.0 v. 11.5%).
• Short sales comprised 4.4% of new listings and 5.0% of sales in the first quarter of 2015, staying even for new listings and up 0.7% for sales when compared to the fourth quarter of 2014, respectively.
• Bank owned/REO properties comprised 4.9% of new listings and 9.0% of sales in the first quarter of 2015, down 3.4% and up 1.8% from the fourth quarter of 2014, 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.
by RMLS Communication Department | Jan 22, 2015 | Distressed Properties, Statistics
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.