Medford, OR

NORTHWEST MEDFORD, OREGON

Medford is a city in Jackson County, Oregon, United States. Based on the 2010 US Census, the city had a total population of 74,907 and a metropolitan area population of 207,010, making the Medford 4th largest metro area in Oregon. Medford is located approximately 27 miles (43 km) north of the northern California border at 42.3°N. Medford's climate is considerably warmer, both in summer and winter. Summer often includes as many as ninety days over 32 °C, with temperatures over 38 °C common in July and August. Medford's economy is driven primarily by the health care industry. For recreation and parks Medford have some like the Alba Park, Bear Creek Park, Roxy Ann Peak and Prescott Park, and the Vogel Plaza.

Statistics for November to January 2012

62.5% of the residential properties that sold from November 1 to January 31 this year were "FORECLOSURE (REO’S) sales”, totaling 24 FORECLOSURE (REO’S) houses all over Jackson County.

Total active listings for the Jackson County reached 1,290 houses. 18 were sold in Northwest Medford for an average of 40 days in the market, getting a median price of $107,600 with a 27.5% increase from last years’ quarter period of $84,363.

The number of Northwest Medford foreclosures (reo's) is 12 with a median price of $109,600. The number of Northwest Medford short sales is 5.

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

SOUTHWEST MEDFORD, OREGON

Medford is a city in Jackson County, Oregon, United States. Based on the 2010 US Census, the city had a total population of 74,907 and a metropolitan area population of 207,010, making the Medford 4th largest metro area in Oregon. Medford is located approximately 27 miles (43 km) north of the northern California border at 42.3°N. Medford's climate is considerably warmer, both in summer and winter. Summer often includes as many as ninety days over 32 °C, with temperatures over 38 °C common in July and August. Medford's economy is driven primarily by the health care industry. For recreation and parks Medford have some like the Alba Park, Bear Creek Park, Roxy Ann Peak and Prescott Park, and the Vogel Plaza.

Statistics for November to January 2012

60.0% of the residential properties that sold from November 1 to January 31 this year were "FORECLOSURE (REO’S) sales”, totaling 60 FORECLOSURE (REO’S) houses all over Jackson County.

Total active listings for the Jackson County reached 1,290 houses. 30were sold in Southwest Medford for an average of 45 days in the market, getting a median price of $135,000 with an -11.4% drop from last years’ quarter period of $152,389.

The number of Southwest Medford foreclosures (reo's) is 14 with a median price of $132,450. The number of Southwest Medford short sales is 7 with a median price of $134,250.

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

EAST MEDFORD, OREGON

Medford is a city in Jackson County, Oregon, United States. Based on the 2010 US Census, the city had a total population of 74,907 and a metropolitan area population of 207,010, making the Medford 4th largest metro area in Oregon. Medford is located approximately 27 miles (43 km) north of the northern California border at 42.3°N. Medford's climate is considerably warmer, both in summer and winter. Summer often includes as many as ninety days over 32 °C, with temperatures over 38 °C common in July and August. Medford's economy is driven primarily by the health care industry. For recreation and parks Medford have some like the Alba Park, Bear Creek Park, Roxy Ann Peak and Prescott Park, and the Vogel Plaza.

Statistics for November to January 2012

65.2% of the residential properties that sold from November 1 to January 31 this year were "FORECLOSURE (REO’S) sales”, totaling 256 FORECLOSURE (REO’S) houses all over Jackson County.

Total active listings for the Jackson County reached 1,290houses. 141 were sold in East Medford for an average of 79 days in the market, getting a median price of $169,000 with an 6.5% increase from last years’ quarter period of $159,500.

The number of East Medford foreclosures (reo's) is 52 with a median price of $162,500. The number of East Medford short sales is 30 with a median price of $139,750.

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

The 15 Second Nudge. You receive them all the time whether you notice them or not. They're the little nudges from marketers and advertisers vying for your attention. Some are more clever than others, offering the latest and greatest new thing. Nudges also come in the form of warm and fuzzy encouragement from friends & family who reel you in with glimmers of hope and promise when you need it most.

This morning, I received a nudge from Staples, encouraging me to go to their Staples Facebook Page and hit the 'Like' button. In return, I received an opportunity to win a 15 second spotlight video highlighting my business in one of their commercials. It's a clever marketing idea and of course, I'm game.

We could all use an encouraging nudge every now and then. It's difficult to stay focused and driven in a sea of apathy and despair. The riptides of real estate can knock the wind right out of you, while the waves of discontent continue to crash against you. While the sharks are circling around you, you're feverishly searching for a life preserver. You can see the lighthouse from a distance and it offers a bit of hope in guiding you to shore, but your doubts and fears sometimes prevail, begging the question... can you survive?

Real estate is a sink or swim business. It's cut-throat, dog eat dog, and all about survival of the fittest. It's definitely not for the faint of heart. To swim with the sharks, you must possess guts of gold and nerves of steel. You must rise above your misfortune and continually seek opportunity. At times, you feel like you are spinning your wheels with little to no recognition for your efforts. That's when a little nudge can be a helpful hint to stay on course. Don't give up... hope is on the horizon... just keep on swimming!

That's my 15 second nudge for the day, what's yours?

EAST MEDFORD, OREGON

Medford is a city in Jackson County, Oregon, United States. Based on the 2010 US Census, the city had a total population of 74,907 and a metropolitan area population of 207,010, making the Medford 4th largest metro area in Oregon. Medford is located approximately 27 miles (43 km) north of the northern California border at 42.3°N. Medford's climate is considerably warmer, both in summer and winter. Summer often includes as many as ninety days over 32 °C, with temperatures over 38 °C common in July and August. Medford's economy is driven primarily by the health care industry. For recreation and parks Medford have some like the Alba Park, Bear Creek Park, Roxy Ann Peak and Prescott Park, and the Vogel Plaza.

Statistics from August - October 2011

73.0% of the residential properties that sold from March 1 through May 30 this year were "FORECLOSURE (REO’S) sales”, totaling 293 FORECLOSURE (REO’S) houses all over Jackson County.

Total active listings for the Jackson County reached 1,490 houses. 127 were sold in East Medford for an average of 104 days in the market, getting a median price of $145,500 with an -18.2% drop from last years’ quarter period of $192,000.

The number of East Medford foreclosures (reo's) is 26 with a median price of $147,450. The number of East Medford short sales is 31 with a median price of $145,000.

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