Since You Asked: Rural property values are all over the board - News - MailTribune.com - Medford, OR

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0 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED   » NEWS NOW   Work expected to begin by summer on Highway 62 bypass       ...       Josephine County man arrested on drug, child neglect charges       ...       Lowriding for a higher cause       ...       Work expected to begin by summer on Highway 62 bypass       ...       Josephine County man arrested on drug, child neglect charges       ...       Lowriding for a higher cause       ...           SINCE YOU ASKED Since You Asked: Rural property values are all over the board Comment MailTribune.com Writer Posted Feb. 10, 2016 at 12:01 AM Posted Feb. 10, 2016 at 12:01 AM »  Social News The housing price data the Tribune published many years ago included the Applegate Valley, and it hasn't lately. Since a large portion of it is in Jackson County, why isn't it included anymore? — Gary C., Ruch We're glad our readers pay close attention. Better yet, it's good to know your memories are better than ours. We had to seek out the help of Southern Oregon Multiple Listing Service's data masters to dig up an answer for your query, Gary. SOMLS last published statistics for the Applegate Valley a decade ago, about the time the real estate organization introduced its present statistics model in late 2006. Colin Mullane, spokesman for Rogue Valley Association of Realtors and SOMLS, told us the present compilation is much more comprehensive and consistent approach to data than previously published statistics. "Our older way was inconsistent at best and prone to errors and misinterpretation, so the shift was necessary in our opinion," Mullane said. If one looks at the areas SOMLS publishes, it is for all the urban areas, which have consistencies that make statistics more accurate and reflective of market conditions, Mullane said. "Rural property is a truly challenging market to generate statistics accurately," he said. "Primarily due to the vast inconsistencies from one property to another, beyond just size of house, age, quality, et cetera." Those inconsistencies extend to size of land, irrigation and usability of the land — for instance, hillside or forest compared with flat irrigated land. Zoning also impacts value more on rural than urban properties. In recognition of the rural market, Mullane said, sales for the whole county were added about two years ago. "To boil down specific rural markets gets difficult," Mullane said, primarily because a small sampling size leads to misleading results. —Send questions to “Since You Asked,” Mail Tribune Newsroom, P.O. Box 1108, Medford, OR 97501; by fax to 541-776-4376; or by email to [email protected]. To see a collection of columns, go to mailtribune.com/youasked . We’re sorry, but the volume of questions received prevents us from answering all of them. MailTribune.com Writer Posted Feb. 10, 2016 at 12:01 AM » Comment or view comments   Reader Reaction »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Southern Oregon Directory Featured Businesses Loading... Business Name address Location, ST | website.com Find Southern Oregon Attractions Bars Restaurants Beauty Salons Entertainment Doctors Medical Specialists Contractors Education Lawn Services Lawyers Shopping Travel Tanning Used Cars Wedding Services ▼ Add your business here + Events Calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2016 Local Media Group, Inc. All Rights Reserved.    Privacy Policy  |  Terms of Service  |  Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501