2019 Year End Statistics

Dated: January 21 2020

Views: 215

Time for the annual state of the real estate market analysis. 

2019 was another strong year for real estate in the Rogue Valley. Not as strong as 2018 in terms of appreciation of housing prices. But it was just as strong in the total number of homes sold. There was a decline of 2.5% in the total number of homes sold, which considering how hot the market was in 2018 is a solid market. 

The overall market was up 4.5% over the year. This was a sharper decline in appreciaton compared to 2018 which had a year end appreciation of 6.1%. That is a difference of 26% less heat. But it still showed a price gain over the course of the year. 

11 of 13 areas showed price gains, with the 2 holdouts being Talent and Jacksonville, each of which showed a 6% decline in median sales price. Jacksonville typically fluctuates year to year based on what kind of houses sell. There are high end and low end houses, and not many of them. There were 61 sales in Jacksonville, and 71 total sales in Talent. It is a fair number of sales to draw conclusions on, but the trends are less reliable than areas like Ashland (341 sales), West Medford (216 sales) or East Medford (903 sales) which have more sales to draw more reliable trends off. 

Ashland showed a 9.8% increase year over year, while West Medford saw 9.7% and East Medford at a modest 1.7%. 

If you have questions about the value of your particular area, drop us a line or visit www.AgentInAKilt.com

Latest Blog Posts

2019 Year End Statistics

Time for the annual state of the real estate market analysis. 2019 was another strong year for real estate in the Rogue Valley. Not as strong as 2018 in terms of appreciation of housing prices.

Read More

Stats for May are Out

I'm not going to go too deep into it this time. However, Ashland Oregon listings are up 58.9% from last year. That is CRAZY!Sales are steady, prices pretty steady. But man, inventory is way up.

Read More

Contingent Offers. Do they Work? Part 2

So you have to sell your house before you can buy a new one. That's a scary prospect. But one that has been done thousands of time. And you only want to move once. Here's how to do it. 1.

Read More

Contingent Offers. Do they Work? Part 1

So you are thinking you want a new house, but you have to sell your place first. What can you do?First, give up on getting a great deal. I'm sorry to be so blunt, but a contingent offer is a sure

Read More