New figures from the Regional Multiple Listing Service (RMLS) show Keizer area home prices remain up nicely for the year. North Keizer properties have a year-to-date average price increase of 7.6%, with South Keizer properties up by 7.5%.
One driving force for the upswing is a declining backlog of competing homes for sale. Less supply routinely raises prices. The current inventory level is 5.7, the second lowest all year. This means it will now take 5.7 months before our area ‘runs out of homes.’
View the complete free Keizer area real estate report here. Make sure to also check out page 2, which features specifics on many nearby towns and neighborhoods.
Thinking about buying or selling a Keizer area home? Contact our sponsor, Certified Realty using the handy contact form below.