October 19, 2021
Real Estate

Local real estate market sees some shifts in trends – Medford News, Weather, Sports, Breaking News

The number of houses on the market Sept. 30 was 22% higher than a year earlier. Listings have been increasing slowly since a low of 117 in November 2020, although the 551 homes available last week were only 47% of the 1,169 on the market in September 2019.

A hot real estate market with fewer listing may have moderated slightly, according to figures from the Rogue Valley Association of Realtors for September and the third quarter of 2021.

The number of houses on the market Sept. 30 was 22% higher than a year earlier. Listings have been increasing slowly since a low of 117 in November 2020, although the 551 homes available last week were only 47% of the 1,169 on the market in September 2019.

In September new listings went up 51% compared to September 2020, while sales figures as a percentage of listing prices…

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