Market Statistics Residential Review: Douglas County, Oregon 

October Residential Highlights

New listings (187) increased 20.6% from the 155 listed in October 2019 and increased 8.7% from the 172 listed in September 2020.

Pending sales (193) increased 26.1% from the 153 offers accepted in October 2019 and increased 9.0% from the 177 offers accepted in September 2020.

Closed sales (187) increased 38.5% from the 135 closings in October 2019 and increased 11.3% from the 168 closings in September 2020.

Inventory and Time on Market

Inventory decreased to 1.3 months in October, the lowest on RMLS™ record. Total market time held steady at 63 days.

Year-to-Date Summary

Comparing the first ten months of 2020 to the same period in 2019, new listings (1,850) decreased 6.9%, pending sales (1,682) increased 10.4%, and closed sales (1,515) increased 6.9%.

Average and Median Sale Prices

Comparing 2020 to 2019 through October, the average sale price has increased 9.5% from $244,600 to $267,800. In the same comparison, the median sale price has increased 8.9% from $225,000 to $245,000.

Douglas County Market Action October 2020