by RMLS Communication Department | Feb 11, 2010 | Market Trends, Oregon Real Estate, RMLS News, RMLSweb, Statistics, Tips & Tricks, Washington Real Estate
New statistics menu makes spotting market trends easier
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.
RMLSweb Statistical Calculations Definitions – The RMLS™ Guide to what statistics are captured and how they’re defined.
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.
by RMLS Communication Department | Feb 9, 2010 | Market Trends, RMLSweb, Statistics, Tips & Tricks, Videos
New statistics menu makes spotting market trends easier
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.
by RMLS Communication Department | Feb 8, 2010 | Lockbox, Market Trends, Oregon Real Estate, Statistics, Supra, Washington Real Estate
Activity rises in Oregon & Washington for fifth straight week
When comparing the week of January 25-31 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox increased 9% in Washington and 1.6% in Oregon.
Click the chart for a larger view
Archive
View an archive of the Supra lockbox statistical reports on Flickr.
by RMLS Communication Department | Feb 1, 2010 | Lockbox, Market Trends, Oregon Real Estate, Statistics, Supra, Washington Real Estate
Activity rises in Oregon & Washington for fourth straight week
When comparing the week of January 18-24 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox increased 2.1% in Washington and 6.1% in Oregon.
Click the chart for a larger view
Archive
View an archive of the Supra lockbox statistical reports on Flickr.
by RMLS Communication Department | Jan 25, 2010 | Lockbox, Market Trends, Oregon Real Estate, Statistics, Washington Real Estate
Up again slightly in Oregon and Washington
When comparing the week of January 11-17 with the week prior, the number of times an RMLS™ subscriber opened a Supra lockbox increased 0.5% in Washington and 4.8% in Oregon.
Click the chart for a larger view
Archive
View an archive of the Supra lockbox statistical reports on Flickr.
by RMLS Communication Department | Jan 22, 2010 | Industry News, Market Trends, Oregon Real Estate, Statistics, Washington Real Estate
Average square footage of sold homes increases in most RMLS areas
There’s been a lot of talk lately about the size of homes being built and purchased getting smaller. The National Association of Home Builders reported that the “the average size of a new home that was completed in 2009 fell to 2,480 square feet from 2,520 square feet in 2008,” according to the Wall Street Journal. The median home purchase shrank from 1,825 square feet in 2008 to 1,800 square feet in 2009, according to the National Association of Realtors®.
I wanted to find out if the same would hold true in RMLS™ coverage areas, though, and here’s what I found:
As you can see, only three areas that we cover in Oregon & Washington dropped (Columbia Basin, Douglas County & Union County). In Portland it grew 1.52% and it was up 1.37% in Clark County. Coos County posted the largest increase at 4.85%.
I found our numbers a bit surprising. One school of thought is that the square footage would drop because first-time buyers have dominated the market in 2009, which you would think would mean smaller houses. That would make sense to me; I was a first-time buyer in 2009 and my house is 1,088 square feet.
On the other hand, what may have actually happened is that prices on homes with large square footage dropped so much that buyers have been snapping up more space for less money.
What do you think? Is the square footage of homes you’re working with shrinking? Are buyers more interested in smaller homes now? Or are they looking to grab more space while prices are low?
