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Salem Market Trends

Today, January 8, 2009

Median Sales Price in Salem

Embed Info
1 yr 5 yr Max
Salem median sales prices
Number of sold homes in Salem
No. BedroomsOct - Dec '08y-o-y3 months prior1 year prior5 years prior
1 bedroom$101,500-30.9%$142,500$146,900$121,500
2 bedrooms$142,000-5.3%$150,000$150,000$103,975
3 bedrooms$185,835-4.7%$195,000$195,000$139,900
4 bedrooms$240,750-3.7%$260,125$250,000$191,450
All bedrooms$193,500-3.2%$198,850$200,000$140,000
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Average Listing Price in Salem

Embed Info
1 yr 5 yr Max
Salem average property price
Salem – number of properties
No. BedroomsWeek ending
Dec 31
w-o-wWeek ending
Dec 24
Week ending
Dec 17
Week ending
Dec 10
1 bedroom$109,383+4.2%$104,957$114,441$137,655
2 bedrooms$166,7490.0%$166,671$166,670$166,110
3 bedrooms$273,130+0.1%$272,906$272,536$272,886
4 bedrooms$388,725-0.4%$390,421$397,846$398,793
All bedrooms$311,951-0.3%$312,794$315,050$314,627
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Average Price Per Sqft for Homes in Salem

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1 yr 5 yr Max
Salem average price per square foot
No. BedroomsOct - Dec '08y-o-y3 months prior1 year prior5 years prior
1 bedroom$96-27.3%$177$132$107
2 bedrooms$118-18.1%$134$144$93
3 bedrooms$127-5.9%$133$135$95
4 bedrooms$119-5.6%$125$126$90
All bedrooms$124-7.5%$132$134$93
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Popular Neighborhoods in Salem

Neighborhoods Week ending
Dec 31
w-o-w Week ending
Dec 24
Week ending
Dec 17
West Salem 1 — 1 1
South Gateway 2 — 2 2
South Salem 3 +5 8 7
Morningside 4 — 4 3
Croisan-Illahe 5 -2 3 4
Grant 6 +5 11 6

Homes for Sale in Salem

703 Sitka Deer Court Northwest, Salem OR
703 Sitka…
$244,350
5 br  2½ ba
3160 Holiday Drive South, Salem OR
3160 Holid…
$299,000
4 br  2½ ba
2785 Upper Breckenridge Loop Northwest, Salem OR
2785 Upper…
$319,900
4 br  3½ ba
745 Engel Avenue NW, Salem OR
745 Engel…
$279,900
3 br  2 ba
4424 Rodeo Drive Northeast, Salem OR
4424 Rodeo…
$164,900
3 br  1½ ba
2244 Hollywood Drive Northeast, Salem OR
2244 Holly…
$159,900
4 br  2 ba
View all Salem Homes for Sale
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Keizer
$198,000
$235,729
Aumsville
$164,950
$255,199
Turner
$106,490
$327,066
Sublimity
$276,900
$295,697
Rickreall
$312,000
$295,389
Independence
$142,328
$215,583

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.