A Publication of RMLS, The Source for Real Estate Statistics in Your Community Residential Review: Baker County, Oregon December 2021 Reporting Period Residential Highlights Inventory in Months* Inventory and Time on Market New listings (17) decreased 10.5% 2019 2020 2021 Inventory increased to 2.0 from the 19 listed in December 2020, January 6.1 4.5 2.6 months in December. Total market February 7.4 4.6 2.3 and increased 6.3% from the 16 listed time increased to 42 days. March 6.4 4.8 1.8 in November 2021. Average and Median Sale Prices Pending sales (21) increased Co mpa r i n g 2021 t o 2020 5.0% from the 20 offers accepted through December, the average in December 2020, and increased śŖǯŖƖȱȱȱŗŚȱěȱȱȱ sale price has increased 34.4% from $226,400 to $304,300. In the November 2021. Closed sales (19) matched the 19 closings in December 2020, and decreased 29.6% from the 27 closings in November 2021. Baker County Residential Highlights New Listings 2021 December November 2020 Year-To-Date Change Pending Sales December same comparison, the median sale price has increased 23.2% from $178,500 to $220,000. Closed Sales Average Sale Price Median Sale Price Total Market Time April May June July August September October November December 7.8 3.7 5.4 3.5 2.5 3.8 3.3 3.0 3.0 6.3 4.5 4.2 2.6 2.0 2.0 1.1 1.5 2.3 1.7 2.8 1.8 1.9 2.1 2.5 1.6 1.6 2.0 *Inventory in Months is calculated by dividing the Active Residential Listings at the end of the month in question by the number of closed sales for that month. This includes proposed and under construction homes. Percent Change of 12-Month Sale Price Compared With The Previous 12 Months Average Sale Price % Change: +34.4% ($304,300 v. $226,400) Median Sale Price % Change: +23.2% ($220,000 v. $178,500) Prev Mo 2021 Year-To-Date Year-To-Date December ACTIVE RESIDENTIAL LISTINGS Active Residential Listings 120 110 100 BAKER COUNTY, OR 90 This graph shows the active 80 70 residential listings over the 60 past three calendar years in 50 40 30 2019 2020 2021 For further explanation of this measure, see the second footnote on page 2. Baker County, Oregon. JAN 91 63 46 FEB 81 65 39 MAR 90 76 39 APR 102 75 37 MAY 107 77 51 JUN 108 71 52 JUL 104 73 52 AUG 91 59 54 SEP 88 61 47 OCT 92 42 41 NOV 70 45 44 DEC 60 43 38 © Copyright RMLS 2022. All Rights Reserved. 8 // Eastern Oregon Real Estate & Homebuilders Guide • eastoregonrealestate.com // FEBRUARY/MARCH 2022