by Heather Andrews | Apr 19, 2013 | 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 2013.
Below are links to additional charts for some of our larger areas.
• Portland Metro Distressed Properties (1st Quarter 2013)
• Clark County, WA Distressed Properties (1st Quarter 2013)
• Lane County, OR Distressed Properties (1st Quarter 2013)
• Douglas County, OR Distressed Properties (1st Quarter 2013)
• Coos County, OR Distressed Properties (1st Quarter 2013)
Here are some additional facts about distressed residential properties in the first quarter of 2013:
All areas when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 6.1% (15.3% v. 21.4%).
• In a comparison of the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales increased by 0.9% (24.5% v. 23.6%).
• Short sales comprised 9.2% of new listings and 11.4% of sales in the first quarter of 2013, down 2.1% and down 0.5% from the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 6.1% of new listings and 13.1% of sales in the first quarter of 2013, down 4.0% and up 1.4% from the fourth quarter of 2012, respectively.
Portland Metro when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 7.2% (13.9% v. 21.1%).
• In a comparison of first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales decreased by 0.6% (22.2% v. 22.8%).
• Short sales comprised 8.7% of new listings and 11.2% of sales in the first quarter of 2013, down 3.3% and 1.1% from the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 5.2% of new listings and 11.0% of sales in the first quarter of 2013, down 3.9% and up 0.5% from the fourth quarter of 2012, respectively.
Clark County when comparing percentage share of the market, first quarter 2013 to fourth quarter 2012:
• When comparing the first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of new listings decreased by 3.0% (23.7% v. 26.7%).
• In a comparison of first quarter 2013 to fourth quarter 2012, distressed sales as a percentage of closed sales increased by 1.8% (30.6% v. 28.8%).
• Short sales comprised 14.7% of new listings and 18.7% of sales in the first quarter of 2013, down 3.1% for new listings and up 0.1% for sales when compared to the fourth quarter of 2012, respectively.
• Bank owned/REO properties comprised 9.0% of new listings and 11.9% of sales in the first quarter of 2013, up 0.1% and 1.7% from the fourth 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.
by Heather Andrews | Jan 18, 2013 | Distressed Properties, Industry News, Market Trends, Statistics
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.
by Heather Andrews | Oct 24, 2012 | Distressed Properties, Industry News, Market Trends, Statistics
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.
by RMLS Communication Department | Oct 31, 2011 | RMLS News, RMLSweb
A new User Interface and updated reports are now available
The previous Home Sales Report feature on RMLSweb was known to be slow and sometimes inefficient. Therefore, in February 2011, the RMLS™ Board of Directors voted to approve a project for 2011 that would involve rewriting the Home Sales Report feature. This rewrite included redesigning the User Interface, as well as the generated reports themselves.
Now, the updated Home Sales Reports, in addition to the new User Interface, are available for subscribers’ use! To access the Home Sales Reports, go to the RMLSweb Desktop page. Next, locate the “Statistics” menu at the top of the screen and select “Home Sales Report” from the menu options. The new Home Sales Report feature utilizes dropdown and multiple-select fields to allow for a quicker and easier user experience. View our new tutorial, Utilizing Home Sales Reports to learn more.
Here is an example of the new User Interface for the Home Sales Report feature (feel free to click on it for a larger view):
Notice the four new report options under the Generate Report column. Part of our redesign included adding the option of viewing four separate reports for the following:
- New Residential (Year Built Description is New, Proposed or Under Construction)
- Existing Residential (Year Built Description is not New, not Proposed or not Under Construction)
- Total Residential (Total of New and Existing listings)
- Active/Pending Residential (Pending Calculation is New!)
NOTE: For reports prior to July 2011, you will not be able to view the four different report options. All reports through June 2011 will stay in the old one-page format.
The new User Interface allows for a maximum of 35 area reports to be selected. Also, users can select multiple regions or reports by using the Ctrl or Shift keys.
In addition to the new User Interface and additional report options, we also revised the generated reports to more closely resemble data collected by the National Association of Realtors®. For example, we added additional price classes to better portray the market (this change will only affect the newly created reports from July 2011 on). The highest price class that the old reports offered was for listings that were “Over 500,000” (in dollars). With the new report, we have added the following options for Type Price Class:
- $500,000 to 749,999
- $750,000 to 999,999
- $1 million to 1,249,999
- $1.25 million to 1,499,999
- $1.5 million to 1,999,999
- $2 million to 2,999,999
- $3 million and over
View our brand new tutorial, Utilizing Home Sales Reports, to learn more about the new functionality and report options.
Still need help? Feel free to call the RMLS™ Help Desk at 503-872-8002 or toll-free at 877-256-2169.
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.