A Publication of RMLS, The Source for Real Estate Statistics in Your Community Residential Review: Grant County, Oregon December 2021 Reporting Period Residential Highlights Inventory and Total Market Time New listings (9) matched the 9 listed in December 2020, and increased 28.6% from the 7 listed in November 2021. Inventory decreased to 2.4 months in December. Total market time decreased to 34 days. Pending sales (9) decreased 30.8% ȱȱŗřȱěȱȱȱȱ 2020, and increased 50.0% from the 6 ěȱȱȱȱŘŖŘŗǯ Year-To-Date Summary ȱȱ ȱȱ ȱŘŖŘŗȱȱȱȱȱȱŘŖŘŖǰȱ new listings (143) increased 33.6%, ȱȱǻŗŗŚǼȱȱŝǯśƖǰȱ and closed sales (119) increased 24.0%. Closed sales (10) increased 150.0% from the 4 closings in December 2020, and increased 66.7% from the 6 closings in November 2021. Average and Median Sales Prices ȱ Ř Ŗ Ř ŗ ȱ ȱ Ř Ŗ Ř Ŗȱ through December, the average ȱȱȱȱŜǯŖƖȱȱ $250,400 to $265,400. In the same ǰȱȱȱȱȱ has increased 45.1% from $172,000 to $249,500. Percent Change of 12-Month Sale Price Compared With The Previous 12 Months Average Sale Price % Change: +8.1% ($267,200 v. $247,100) Median Sale Price % Change: +45.1% ($249,500 v. $172,000) Inventory in Months* 2019 2020 2021 January 22.0 4.8 2.5 February 18.7 14.0 1.2 March 5.1 9.8 1.8 April 5.6 15.7 1.3 May 10.2 11.3 2.3 June 4.9 4.3 0.8 July 6.0 4.1 1.7 August 4.1 2.0 2.2 September 18.7 1.9 2.9 October 5.5 2.1 2.3 November 4.3 1.7 4.0 December 14.7 4.0 2.4 *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 number includes proposed and under construction homes. For further explanation of this measure, see the second footnote on page 2. 2021 Grant County Residential Highlights 2020 Pending Sales Closed Sales Average Sale Price Median Sale Price Total Market Time December November Prev Mo 2021 Year-To-Date Year-To-Date Change New Listings December Year-To-Date December © Copyright RMLS 2022. All Rights Reserved. FEBRUARY/MARCH 2022 // Eastern Oregon Real Estate & Homebuilders Guide • eastoregonrealestate.com // 9