By the numbers–short sales and REO’s
In the last 3 months in Jackson County
- 384 total sold residential properties
- 125 sold REO properties
- 35 sold Short Sale properties
- Median price of REO/short sale properties is 20% lower than non-duress properties
Total 42% of the sold market is REO/Short sale
In the last 3 months in Ashland
- 39 total sold residential properties
- 4 sold REO properties
- 2 sold Short Sale properties
Total 15% of the Ashland real estate sold market is REO/Short sale
In the last 3 months in East Medford
- 91 total sold residential properties
- 27 sold REO properties
- 7 sold Short Sale properties
Total 37% of the East Medford real estate sold market is REO/Short sale
In the last 3 months in West Medford
- 60 total sold residential properties
- 19 sold REO properties
- 4 sold Short Sale properties
Total 38% of the West Medford real estate sold market is REO/Short sale
In the last 3 months in Central Point
- 65 total sold residential properties
- 28 sold REO properties
- 11 sold Short Sale properties
Total 60% of the Central Point real estate sold market is REO/Short sale
In the last 3 months in Eagle Point
- 34 total sold residential properties
- 15 sold REO properties
- 3 sold Short Sale properties
Total 53% of the Eagle Point real estate sold market is REO/Short sale
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