Real Estate Market

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Featured Listing

For Sale: $410,000

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THE CHARITY CROSBY REAL ESTATE TEAM NEWSLETTER

MARKET STATISTICS FOR LANE COUNTY

August Residential Highlights
August brought plenty of accepted offers to Lane County! The 423 pending showed an increase of 14.6% over the offers accepted last August and a 12.8% increase over last month's. In fact, it was the best August for pending sales in Lane County since 2006!

Closed sales (360) fell 7.7% compared to July and 11.8% compared to last August. Likewise, new listings (575) fell 2.7% compared to the same month last year and 11% compared to the previous month.

Inventory in Lane County rose slightly to 5 months in August and total market time increased to 92 days.

Year to Date Summary
In the first eight months of the year, new listings (4,458) have increased 3.1% over the same period in 2013. However, pending sales (2,819) and closed sales (2,470) have decreased 0.3% and 4.2% from the same time last year.

Average & Median Sales Prices
The average price during the first eight months of 2014 was $236,300 up 4% from the same period of 2013, when the average was $227,300.

In the same comparison, the median has risen 4.7% from $202,000 to $211,500.

LIST TO SALES RATIOS IN LANE COUNTY

The list to sales price ratios sellers are getting in Lane County right now make it a great time to sell if you're willing to price it competitively within the market.

Eugene:

Sellers in the Eugene area are getting 97.8% of their list price with an average of 62 days on the market.

Springfield:

Sellers in the Springfield area are getting 98.1% of their list price with an average of 70 days on the market.

Lane County Rural Areas:

Sellers in the rural areas are getting 97.5% of their list price with an average of 73 days on the market.

DID YOU KNOW?

BRIGHTEN YOUR HOME WITH VINEGAR

If you add 1/4 cup of white vinegar to the rinse water the next time you wash your drapes, the color will look bright and fresh.

Small tips can bring big savings over time, and even add value to your home.

Thinking of Buying or Selling? LET ME BE YOUR RESOURCE!

What's your home worth in today's market? Free Equity Report of your home. http://www.LaneCountyHomeValue.com

Free Automated Property Search http://www.LaneCountyHomeSearch.com