Market Statistics Residential Review: Douglas County, Oregon 

July Residential Highlights

Closed sales saw warm numbers this July in Douglas County. At 177, closings rose 5.4% over July 2018 (168) and 23.8% over last month in June 2019 (143). It was the strongest July for closings in the county at least as far back as 2001!

Pending sales, at 183, showed a 6.4% increase from July 2018 (172) but ended 4.7% under the 192 offers accepted last month in June 2019.

New listings (234) fared similarly, falling 4.9% short of July 2018 (246) but outpacing June 2019 (203) by 15.3%.

Inventory decreased to 2.9 months in July, and total market time rose to 68 days during the same period.

Year to Date Summary

Activity has been cooler in 2019 compared with 2018. Comparing through July of each year, pending sales (1,085) have decreased 4.0%, new listings (1,423) have decreased 8.0%, and closed sales (935) have decreased 9.3%.

Average and Median Sale Prices

Comparing 2019 to 2018 through July, the average sale price has increased 1.4% from $234,600 to $237,800. In the same comparison, the median sale price has increased 5.5% from $208,500 to $220,000.

 For the full scoop click below:

Douglas County Market Action July 2019