GERVAIS Home Values
The eppraisal index for GERVAIS, Oregon, which tracks the
median sale price of homes in the area,
states that the median sales price
for single family residences in November 2008 has
increased by 0% to
$189,900 from October
2008.
Gervais, OR
Gervais (pronounced /dE'TrE^ve¦s/) is a city in Marion County Oregon United States. The population was 2 009 at the 2000 census. The 2007 estimate is 2 250 residents.[3],,The city is named for pioneer Joseph Gervais who was one of the first settlers on French Prairie.[4],On October 6 1902 the business district of the city burned and losses were estimated at $100 000. The local fire department's power was insufficient to handle the fire so Portland and Salem were called upon to help. Unfortunat...
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In a year-over-year comparison of median sales price fluctuations of single-family homes, the Salem, OR metro area ranks 2 out of 5 metro areas in Oregon based on decrease of 4.3 % in home values. When compared at a national level, the Salem, OR metro area ranks 45 out of 190.
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The index trending graph reveals the change in the median sales price
during the past 12 months for GERVAIS, Oregon. This graph shows that
in the past 12 months, the median sales price of homes has
decreased overall by $12,100.
The sales price graph displays how real estate sales prices are distributed
in GERVAIS, Oregon.
For example, the highest percentage of homes sold in November 2008
sold for
below
,
of all sales. If you are looking to
purchase a house in a specific price range, this graph can help you determine
what percentage of homes in GERVAIS, Oregon may fall within this range. It
can also be useful if you are a seller and are trying to figure out what price
range most homes are sold for. It can give an indication if the market is receptive to
purchases in the range your home value falls in.
Recent Sales in GERVAIS, Oregon
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This site uses data obtained from numerous public sources. Some areas of the country provide us with different levels of information. It is presented on an 'as is, as available' basis. This site makes no warranties, expressed or implied without limitation, to the information provided, nor is responsible for any errors or omissions. This valuation is NOT an appraisal. User acknowledges that this product is a technology report, a product of an automated valuation technology analysis. This information is compiled from public documents and is not guaranteed. No human interaction or inspection goes into the final results and analysis.