Market Statistics Residential Review: Douglas County, Oregon 

December Residential Highlights

There were 109 new listings in December 2019 matched December 2018 (109) and was 30.1% fewer than last month in November 2019 (156).

Pending sales (113) increased 16.5% from December 2018 (97) and fell 13.7% from last month November 2019 when 131 offers were accepted.

Closed sales (110) decreased 12.0% from December 2018 (125) and decreased 16.0% from the 131 closings recorded last month in November 2019.

Inventory and Time on Market

Inventory in December rose slightly to 3.9 months, with total market time increasing to 75 days.

Year to Date Summary

Comparing the twelve months of 2019 to the same period in 2018, new listings (2,259) decreased 5.2%, pending sales (1,734) decreased 1.2% and closed sales (1,664) decreased 6.1%.

 Average and Median Sale Prices

Comparing 2019 to 2018 through December, the average sale price has increased 5.3% from $234,300 to $246,800. In the same comparison, the median sale price has increased 8.3% from $210,000 to $227,500.

For the full scoop click below:

Douglas County Market Action December 2019