Knowing how much inventory is on the market is an important statistic to know when considering the price of your home. These figures are for residential home sales.

The absorption rate is how fast homes are selling on a monthly basis. Inventory is how long it would take homes to sell at that rate.

Salem:
90 day absorption rate: 167
30 day absorption rate: 172
Inventory: 9.8 months

Keizer:
90 day absorption rate: 27.6
30 day absorption rate: 21
Inventory: 12 months

Silverton:
90 day absorption rate: 6.7
30 day absorption rate: 9
Inventory: 16 months

Stayton:
90 day absorption rate: 5
30 day absorption rate: 4
Inventory: 13 months

Aumsville:
90 day absorption rate: 5
30 day absorption rate: 7
Inventory: 4.3 months

Turner:
90 day absorption rate: 5
30 day absorption rate: 1
Inventory: 27 months

Jefferson:
90 day absorption rate: 5
30 day absorption rate: 2
Inventory: 15 months

Independence:
90 day absorption rate: 6.7
30 day absorption rate: 7
Inventory: 7.9 months

Monmouth:
90 day absorption rate: 5.3
30 day absorption rate: 3
Inventory: 17.6 months

Don’t look now, but bucking national trends is little Aumsville, OR. A 4.3 month inventory puts it at the low end of a neutral market.

Related posts:

  1. A look at current Salem inventories
  2. Dallas Oregon Real Estate Market Condition Report
  3. Silverton Oregon Real Estate Market Condition Report
  4. Prepare for the long haul if you own land
  5. Monthly Stats for April for Real Estate in Salem Oregon