While 2020 was a year like we've never experienced before, the real estate market saw an increase in most areas.
The Willamette Valley Multiple Listing Service (WVMLS) gathered and shared some impressive statistics. The Median Sold Price was $329,9000, which is up 10.4% from 2019. Another impressive number are the units sold at 7,310, which is 5.3% up from the previous year.
Other statistics shared:
Median Sold $/SQFT | $202, up 7.4%
Median Days on the Market | 55, down 8.3%
New Listings | 8,081, down 10.5%
Parameters for these figures are residences under .5 acres, 60 cities within four counties Marion, Linn, Benton, and Polk.
Thank you WVMLS for gathering this information.