Marion County Oregon Acreage Property Report for August 2010
Property continues to sit on the market in Marion County Oregon. The average Days on Market for acreage property in Marion county reached 147 days in August, 14 % longer that properties that sold in July. The good news for sellers is that they sold at 96% of their asking price, not bad.
However, only 8 acreage homes sold in August (outside of Salem and Keizer Oregon) with an average sold price of just $243,162. This is mostly due to foreclosed properties and short sales, creating a very competitive market for sellers.