Housing Inventory: Median Days on Market in Oregon
MEDDAYONMAROR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.00
Year-over-Year Change
17.65%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Days on Market in Oregon' trend measures the typical number of days a home for sale remains on the market in Oregon. This metric provides insight into the balance between housing supply and demand in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the median number of days a home listing remains active before being sold in Oregon. It is an important indicator of the tightness of the state's housing market, with lower days on market signaling higher demand relative to available inventory.
Methodology
The data is collected and reported by real estate industry groups.
Historical Context
Policymakers and real estate analysts monitor this trend to gauge housing market conditions and economic activity.
Key Facts
- The median days on market in Oregon was 21 days in January 2023.
- A lower days on market indicates a tight housing market with strong demand.
- This metric has declined from a peak of 57 days in April 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Days on Market in Oregon' trend measures the typical number of days a home for sale remains on the market before being sold in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the balance between housing supply and demand in Oregon, with a lower days on market signaling a tighter market with stronger demand relative to available inventory.
Q: How is this data collected or calculated?
A: The data is collected and reported by real estate industry groups.
Q: How is this trend used in economic policy?
A: Policymakers and real estate analysts monitor this trend to gauge housing market conditions and overall economic activity in Oregon.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, so there may be a brief delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market in Oregon (MEDDAYONMAROR), retrieved from FRED.