Notable metrics include:
The Median Sales Price of $639,900 decreased 5.2% month-over-month.
The number of new listings increased 4.4% from July.
The 3.5 months’ supply of inventory in August remained the same as July and was up 35% from one year ago.
The average Close-to-List Price Ratio in May was 98.3%, meaning that homes sold for about 1.7% less than the asking price.
Days on Market increased 30.2% from July and grew year-over-year by 12 days, from 38 to 50.
Deschutes County MARKET CONDITIONS
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