Is now a good time to sell in Salem?

Probably not, unless you need to move. The Sold Score for Salem is 35/100 in August 2026 (Challenging Market Conditions) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago. Pending ratio is 0.34 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +21.1% year over year, expanding the pool you're competing in. Median days on market sit at 59. 46.4% of active listings have already reduced asking price. — Live indicators (August 2026): Sold Score: 35/100 (Challenging Market Conditions) · Pending ratio: 0.34 · Inventory YoY: +21.1% · Median days on market: 59 · Sellers cutting price: 46.4% · Median listing price: $525,000 (-2.8% YoY)