**Last month sold data is not available in Realtor, Homes and Trulia
Sales rate = no of properties sold/avg no of properties listed
Sold Highlights
| Website | Sold |
|---|---|
 Redfin |
39 -15% WoW 0% MoM |
 Zillow |
35 -20% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Homes.com |
48 -20% WoW 0% MoM |
 Realtor.com |
80 -24% WoW 0% MoM |
| Redfin |
44 -23% WoW 0% MoM |
 Trulia |
39 -29% WoW 0% MoM |
| Zillow |
39 -29% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
128 22% WoW 0% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | 59 | 57 | 56 | – | – | ||||||||||
| Median sale price | $471,161 | $420,000 | $425,000 | – | $421,617 | ||||||||||
| Median list price | $449,995 | $485,000 | – | – | $484,783 | ||||||||||
| Median price per sqft | $273 | $269 | $263 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 38.2% | ||||||||||
| Percent sales over list price | – | – | 26.9% | – | 29.58% | ||||||||||
| Percent homes with price drop | – | – | 40.0% | – | – | ||||||||||
WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.
MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.
Medain days on market: The median number of days that homes in Salem, OR remain listed before being sold.
Medain sale price: The median price at which homes across Salem, OR were sold.
Medain list price: The median price at which homes across Salem, OR were listed.
Medain price per sqft: The median sale price per square foot in Salem, OR.
Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.
Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.
