Salem OR Real Estate Sales Statistics - Dec 2009 - Marion and Polk County

According to the National Association of Realtors®, pending home sales nationally are comfortably above year-ago levels, although the Pending Home Sales Index, a forward-looking indicator based on contracts signed in November, fell from October levels. Lawrence Yun, NAR chief economist, said a drop was expected. “It will be at least early spring before we see notable gains in sales activity as home buyers respond to the recently extended and expanded tax credit,” he said. "We expect another surge in the spring as more home buyers take advantage of affordable housing conditions before the tax credit expires.”

Marion County Real Estate Sales - December 2009

Marion County real estate sales (single family) totaled 49 homes in December. This is a 81 percent increase over December 2008. The average sales price of $210,843 is a 1 percent increase from December 2008. Homes were on the market for an average of 151 days.

Polk County Real Estate Sales - December 2009

37 homes sold in Polk County in December, a 54 percent increase over December 2008 numbers. The average sales price of $193,329, a 20 percent decrease from the previous year. Market times decreased 31 percent.

Home sales in Marion and Polk County are on the rebound. Don't miss out on the home buyer tax credit (must qualify) which will expire April 30 2010. Give us a call today to take advantage of your FREE money!!

Contact us for more detailed reports for Keizer, Central Salem, Suburban East Salem, Southeast Salem, South Salem and West Salem.

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