A Publication of RMLS, The Source for Real Estate Statistics in Your Community
Residential Review: Wallowa County, Oregon
December 2021 Reporting Period
Year-To-Date Summary
Comparing the twelve months
of 2021 to the same period in 2020,
new listings (156) increased 7.6%,
pending sales (136) increased
7.9%, and closed sales (142)
increased 20.3%.
Residential Highlights
New listings (3) decreased 57.1%
from the 7 listed in December 2020,
and decreased 50.0% from the 6
listed in November 2021.
Pending sales (6) decreased
25.0% from the 8 offers accepted
in December 2020, and decreased Average and Median Sale Prices
Comparing 2021 to 2020
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through
December, the average
November 2021.
sale price has increased 4.6% from
Closed sales (15) increased 25.0%
$352,700 to $369,100. In the same
from the 12 closings in December
comparison, the median sale price
2020, and increased 36.4% from the
has increased 20.0% from $285,500
11 closings in November 2021.
to $342,500.
Inventory and Total Market Time
Percent Change of 12-Month Sale Price
Inventory decreased to 0.9 months
Compared With The Previous 12 Months
in December. Total market time
Average Sale Price % Change:
+4.6% ($369,100 v. $352,700)
decreased to 33 days.
Median Sale Price % Change:
+20.0% ($342,500 v. $285,500)
Inventory in Months*
2019 2020 2021
January
10.0 7.9 2.3
February
7.0 10.3 3.4
March
11.0 16.3 2.2
April
14.5 29.5 1.9
May
7.8 8.4 2.0
June
6.3 8.4 1.9
July
9.4 6.3 2.4
August
6.7 3.1 1.7
September
5.0 3.2 3.1
October
5.6 1.9 2.4
November
6.2 3.6 2.3
December
5.5 2.4 0.9
*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
Wallowa County
Residential
Highlights
2020
Pending
Sales
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
December
November
December
Prev Mo 2021
Year-To-Date
Year-To-Date
Change
New
Listings
December
Year-To-Date
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