Market Statistics Residential Review: Douglas County, Oregon
August Residential Highlights
New listings (215) increased 12.0% from the 192 listed in August 2020 and decreased 7.3% from the 232 listed in July 2021.
Pending sales (182) decreased 17.6% from the 221 offers accepted in August 2020 and increased 8.3% from the 168 offers accepted in July 2021.
Closed sales (161) decreased 11.0% from the 181 closings in August 2020 and decreased 5.8% from the 171 closings in July 2021.
Inventory and Time on Market
Inventory increased to 1.7 months in August. Total market time decreased to 22 days.
Year-To-Date Summary
Comparing the first eight months of 2021 to the same period in 2020, new listings (1,605) increased 8.7%, pending sales (1,274) decreased 5.0%, and closed sales (1,157) increased 0.7%.
Average and Median Sale Prices
Comparing 2021 to 2020 through August, the average sale price has increased 21.8% from $255,800 to $311,500. In the same comparison, the median sale price has increased 20.9% from $235,000 to $284,000.
