Southern Oregon Living

Jackson County Oregon Home Sales Rise

Jackson County Oregon Home Sales RiseJackson County Oregon Home Sales Rise.  Existing home sales rose in Jackson County Oregon for the 11th straight month in December.
 
In 2009, 1,800 homes sold in Jackson County Oregon, up from 1,300 the previous year.  The median price for a home in Jackson County fell $39,000 to $186,000, compared to 2008, according to statistics from the Rogue Valley Association of Realtors and Southern Oregon Multiple Listing Service.
 
In January of 2009, distressed homes, which includes Jackson County Oregon foreclosures and short sales, made up half of the market.  Since then, the number has dropped about 10 percent.
 
The good news is, non-distressed home sales are starting to increase, and the First Time Home Buyer Tax Credit, which expires at the end of April, will continue to boost sales for the first quarter of 2010.

1 commentMel Peterson - The Naked Blogger • January 30 2010 10:20PM