Keizer Oregon Real Estate Market Report Oct 2009

The Keizer Oregon real estate market has been one of the most stable markets in the Salem metro area for most of the year. While it has had it’s woes, really that market seems to have corrected for the most part.

Keizer Oregon real estate inventory

Inventory, which is an important statistic in the world of real estate, is a gauge of the supply and demand in an individual market. The more in line these are, the healthier that real estate market. You can see that the huge spike in inventory at the start of the year has steadily dropped and has hovered in the neutral market range for the past 3 months. I can’t honestly call a stable market or bottom until after the tax credit ends. I think that we need to see what the market can do on it’s own before calling a bottom, but it does appear to be stabilizing for now.

Read about Keizer's home sales volume and median home prices in October.