Residential Statistics: Home Sales for Jacksonville November to January 2012, OR

JACKSONVILLE, OREGON

Jacksonville, is located just over the California and Oregon border of I-5. Jacksonville is an 11 hour drive north from Los Angeles and 5 hour drive north from San Francisco and Sacramento. Portland is located 4 1/2 hours north on I-5 and Seattle is 7 hours north of Jacksonville. The temperature is moderate and the seasons gloriously distinctive. Early spring is a show of wildflowers, pear and cherry blossoms with lots of sun and rainbows and occasional light showers. Summers are warm, and sunny. Winterbrings sporadic showers and an occasional dusting of snow.

Statistics for November to January 2012

90.8% of the residential properties that sold from November 1 to January 31 this year were "FORECLOSURE (REO’S) sales”, totaling 76 FORECLOSURE (REO’S) houses all over Jackson County.

Total active listings for the Jackson County reached 1,290 houses. 8 were sold in Jacksonville for an average of 136 days in the market, getting a median price of $260,750 with a -1.6% drop from last years’ quarter period of $265,000.

The number of Jacksonville foreclosures (reo's) is 0. The number of Jacksonville short sales is 1.

If you or someone you know is looking to buy or sell in Southern Oregon, contact JARED HOKANSON for a free consultation.

Median Price means the midpoint, with half of the sales being above and half below the listed number; it is not the same as average. Median prices reflect overall market trends and are not a measure of pricing for individual properties. Small sampling sizes can lead to wide variances in year to year comparisons. “REO” means Real Estate Owned, indicating bank or mortgage company ownership. “Short” stands for Short Sale, where third party approval is required for the transaction.

Statistics are based on reporting by REALTORS® to the Southern Oregon Multiple Listing