Talent Oregon - Not So Hidden Gem Anymore

Dated: 07/06/2018

Views: 165

Use to be that when one couldn't afford Ashland, that they went to Talent...so they were close to Ashland. While it is cheaper, it is hard to find a house there. And anymore, it just isn't that much cheaper. 

Looking at statistics in Talent, Oregon. There are currently 13 houses for sale with a median asking price of $335,000. 19 houses are under contract with a median price of $298,500. And in the last year, 76 houses have sold with a median sales price of $289,000. 

My interpretation of those number is a market that is rapidly appreciating. Or that sellers are feeling the market is hot, and testing the prices.  When you have a day on market of less than one month, and only 2 months worth of housing stock available, it is the logical conclusion to see what the market will really bear. 

Those ratios show a market that is short on listings.

Of the 13 houses on the market, over half of them have been on less than a month. So it is a little early to tell if the sellers will be getting their increased asking prices or not. 

This is just one of the many micro-economic areas in the Rogue Valley. 

I specialize in analyzing property values.

So right now if you are looking to sell a home, if it is priced right we should be able to sell it pretty quickly for a fair market price. 

Anywhere in Jackson County, send me your address and I will get back to you and help you determine the value of your home. 

Latest Blog Posts

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

Inventory Is Going Up

Very interesting stats just came out about available homes on the market per buyer. Which could speak to what will be happening in 2019.  Whether it is attributed to the general economy, or the

Read More

Sellers Home During Showings

I have been showing houses for years, and have shown hundreds of people thousands of house. And in that time, I have learned and observed many things.There are a number of things a seller can do to

Read More