Southern Oregon continues moving towards being a seller’s market. The month recent 90-day report running from February 1 through April 30 shows a slight uptick in the sales price in Jackson County, with the median at $190-thousand. Meanwhile, sales are down slightly at 5.8 percent.
Homes are also moving faster than they were a year ago, with an average of 50 days on the market. There’s good news in that normal transactions made up 82-percent of all transactions in the new report from the Rogue Valley Association of Realtors.
Josephine County is reporting similar numbers. The median sales price has pushed upward during the same period to $179-thousand. Sales are also down by 11-percent. So-called normal transactions represent 80-percent of the sales total.