Area Activity & Short Sale Report - August 2011

Marion County
Short Sales

Sales By Type

Avg. Sold Price

Avg. Prior 1st Mtg Amt
Avg. % Sold Price/Prior 1st Mtg.

2% 1%
21%

REO Sales

SFR Full Sale (168)

SFR Short Sales (26)
SFR REO Sale (55)

10%

$ 131,972
$ 182,367
72%

Avg. Sales Price

Median Sales Price

Condo/TwnHm Full Sale (4)

$ 122,576
$ 112,000

REO Sales Average Timeline (Days)

Condo/ TwnHm Short Sales (3)

1st NOD to Trustees Deed (to

66%

Trustees Deed to REO Sale

1st NOD-REO Sale

Median Sold Price Per Sq. Foot

90.00
80.00
70.00
60.00
50.00
40.00
30.00
20.00
10.00
0.00

$80.86
$68.57

$75.43
$64.36
$54.29
Median Sold Price Per Sq.
Foot

SFR Median Price Per SFR Short Sales Median SFR REO Sale Median Condo/TwnHm Median Condo/TwnHm Short
SqFt
Price Per SqFt
Price Per SqFt
Price Per SqFt
Sales Median Price Per
SqFt

286
187
490

Area Activity & Short Sale Report - August 2011

Zipcode

0
97002
97020
97026
97032
97071
97137
97301
97302
97303
97305
97306
97307
97308
97309
97310
97311
97312
97314
97317
97325
97342
97346
97350
97352
97358
97362
97373
97375
97381
97383
97384
97385
97392

City

AURORA
DONALD
GERVAIS
HUBBARD
WOODBURN
SAINT PAUL
SALEM
SALEM
SALEM
SALEM
SALEM
KEIZER
SALEM
SALEM
SALEM
SALEM
SALEM
SALEM
SALEM
AUMSVILLE
DETROIT
GATES
IDANHA
JEFFERSON
LYONS
MOUNT
SAINT ANGEL
BENEDICT
SCOTTS MILLS
SILVERTON
STAYTON
MEHAMA
SUBLIMITY
TURNER
Total

NOD

NOT

REO

Auction
Purchase

SFR
SFR Full Median
Sale
Price Per
(168)
SqFt

SFR Short
Sales
Median
Price Per
SqFt

SFR
Short
Sales
(26)

SFR REO
Sale
Median
Price Per
SqFt

SFR
REO
Sale
(55)

Condo/ Condo/TwnH
TwnHm m Median
Full
Price Per
Sale (4)
SqFt

Condo/
TwnHm
Short
Sales (3)

Condo/TwnH
m Short
Sales Median
Price Per
SqFt

0
2
1
3
0
8
0
17
6
19
19
14
0
0
0
0
0
0
0
13
3
0
0
0
1
0
3
0
0
2
0
0
0
4

0
0
0
2
0
12
0
25
10
10
16
11
0
0
0
0
0
0
0
14
4
0
0
0
2
1
1
0
0
4
5
0
0
2

0
1
0
1
0
6
0
9
10
5
7
7
0
0
0
0
0
0
0
5
0
0
0
0
0
0
0
0
0
2
2
0
0
4

0
0
0
0
0
0
0
1
2
0
1
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0

2
3
0
1
2
15
2
18
30
29
13
26
0
0
0
0
0
0
0
5
2
0
0
0
3
0
0
0
0
3
6
0
3
5

53.32
79.03
0.00
60.88
79.93
66.21
81.79
69.70
76.92
83.85
78.04
87.54
0.00
0.00
0.00
0.00
0.00
0.00
0.00
90.51
99.64
0.00
0.00
0.00
93.23
0.00
0.00
0.00
0.00
108.88
75.93
0.00
93.50
86.76

0
0
0
0
0
3
0
3
2
5
5
0
0
0
0
0
0
0
0
2
0
0
0
0
1
0
1
0
0
3
1
0
0
0

0.00
0.00
0.00
0.00
0.00
45.80
0.00
68.57
95.22
72.56
59.32
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
60.19
0.00
0.00
0.00
0.00
47.41
0.00
84.55
0.00
0.00
90.99
85.39
0.00
0.00
0.00

1
0
0
0
1
7
0
8
5
5
9
3
0
0
0
0
0
0
0
3
2
0
0
0
1
0
1
0
0
3
3
0
0
3

107.72
0.00
0.00
0.00
78.54
45.06
0.00
52.07
62.61
76.31
65.06
60.47
0.00
0.00
0.00
0.00
0.00
0.00
0.00
63.64
74.73
0.00
0.00
0.00
0.00
0.00
81.97
0.00
0.00
77.19
62.42
0.00
0.00
77.43

0
0
0
0
0
0
0
1
0
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.00
0.00
0.00
0.00
0.00
0.00
0.00
195.48
0.00
86.02
75.43
74.11
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0
0
0
0
0
1
0
1
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

0.00
0.00
0.00
0.00
0.00
54.29
0.00
41.67
0.00
0.00
0.00
62.72
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

115

119

59

168

80.86

26

68.57

55

64.36

75.43

54.29

Short Sale Analysis- Demand for this report originated from Real Estate Professionals working Short Sale Transactions. Many found the short sale process varied
widely from lender to lender. The principle question asked: "which lenders are opting for a short sale instead of foreclosure". Knowing which lender(s) are approving
Short Sales, real estate professionals now can focus on working opportunities with lenders which are more likely to approve a short sale and in a reasonable
timeframe.
REO Sales Analysis- In many markets there are more Bank Owned properties currently not listed for sale, not listed on the MLS or actively marketed. While there
are several reasons for this, both investors and real estate professionals are seeking to identify which lenders are selling their REO assets which represent new
sales and investment opportunities.
Investor Auction Purchases- Our report separates Trustee Deeds conveyed to investors and REO properties going back to the bank. In addition the report
reveals the ratio between auction sales to investors and the assumption rate for banks taking on REO assets.

Market Summary by ZIP Code- Published monthly by County, the first pages are a summary by ZIP code, by SFR and Condo/Townhomes.
# NOD- Count of Notices of Default filed in the period
# NOT- Count of Notices of Trustee Sale filed in the period
# REO- Count of Trustee Deeds that failed to sell at Auction and now Bank REO
# Auction Purchase- Cash Sales at bank auction typically to investors
*Information deemed reliable but not guaranteed