Eugene, OR

Which homes are selling best in Lane County, Oregon's

FERRY STREET BRIDGE RMLS Market Area?

The table below compares actual closed sales of single family, detached homes in the months of

August, September and October, 2009

to the inventory available in the Ferry Street Bridge market area as of

November 10, 2009.

Square-Footage Range	Active Listings November 10, 2009		Closed Sales August, 2009	Closed Sales September, 2009	Closed Sales October, 2009		Three-Month Absorption Rate	Available Inventory (in months)
All	103		24	20	28		72/3 = 24	4.29

Square-Footage Range	Active Listings November 10, 2009		Closed Sales August, 2009	Closed Sales September, 2009	Closed Sales October, 2009		Three-Month Absorption Rate	Available Inventory (in months)
3000-over	16		2		4		6/3 = 2	8.0
2800-2999	5			1			1/3 = 0.33	15.2
2600-2799	11		1	1	1		3/3 = 1	11.0
2400-2599	5		1	3	1		5/3 = 1.67	3.0
2200-2399	4			1	3		4/3 = 1.34	3.0
2000-2199	11		1	1	2		4/3 = 1.34	8.3
1800-1999	15		5	6	5		16/3 = 5.33	2.8
1600-1799	15				1		1/3 = .34	45.5
1400-1599	7		6	3	2		11/3 = 3.67	1.9
1200-1299	7		6		5		11/3 = 3.67	1.9
1000-1199	6		1	3	3		7/3 = 2.33	2.6
0 - 999	1		1	1	1		3/3 = 1	1.0

Homes below 1600 square feet are HOT!

Homes between 1800 and 1999

and 2200 and 2599 square feet

are also selling very well.

Inventory levels

(as expressed as Months of Remaining Inventory)

at mid-range and below are at seller-market levels.

But there seems to be a momentary glut of homes between 1600-1799.

Homes over 2600 square feet continue to have

a buyer-market inventory level.

As elsewhere, the $8000 fully refundable federal tax credit

(for buyers who have not owned a personal residence

in the last three years)

is driving the sale of smaller homes.

It has been extended through April 30.

And effective now, the new fully refundable

$6500 federal tax credit

(for those buyers who've lived in their personal residence for at least 5 of the last 8 years)

will be driving mid-range sales.

The new tax credit will only be in play for 5 1/2 months and has income limitations. That means it may have

little impact

on the number of sales or prices of homes at the high end.

************

Jim Hale

Principal Broker

Graduate, REALTOR Institute e-PRO
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962

Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068

www.actionagents.net jim@actionagents.net

© 2009 All Rights Reserved

Here is the break down for single family home sales for

October, 2009

in EUGENE, OR's

FERRY STREET BRIDGE

(RMLS Market Area)

(SHOWN BY type of sale: REGULAR SALE, SHORT SALE, or BANK-OWNED SALE)

28 Single Family Homes sold in October:

Short Sales: Bank Owned Sales:

3528 Berkshire ST $260,000 1050 Backlund PL $469,000

1855 Brewer AV $262,000

And here, for reference, is:

September, 2009

18 Single Family Homes sold in September:

Short Sales: Bank Owned:

145 N. Garden Way $150,000 2850 Van AV $167,475

405 Spyglass $425,000 1428 Gilham RD $300,000

Here, for reference, are:

August, 2009

24 Single Family Homes sold in August:

July, 2009

26 Single Family Homes sold in July:

June, 2009

31 Single Family Homes sold in June:

************

Jim Hale

Principal Broker

Graduate, REALTOR Institute e-PRO
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962

Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068

www.actionagents.net jim@actionagents.net

© 2009 All Rights Reserved

Here is the break down for single family home sales for

September, 2009

in Eugene, OR's

RIVER ROAD RMLS Market Area

SHOWN BY type of sale: REGULAR SALE, SHORT SALE, OR BANK-OWNED SALE

9 Single Family Homes sold in September:

Short Sales: Bank Owned:

1360 Skipper $250,000 None

Here is the break down for single family home sales for

September, 2009

in Eugene, OR's

SANTA CLARA RMLS market area

SHOWN BY type of sale: REGULAR SALE, SHORT SALE, OR BANK-OWNED SALE

24 Single Family Homes sold in September:

Short Sales: Bank Owned:

4325 Berry LN $250,000 3733 Kendra $137,511

3760 Lancaster $180,000 380 Ruby $125,000

583 Clairmont $160,000 4564 Doyle $225,900

4110 Victoria LN $250,000

3719 Julia LP $244,000

2457 Lenore DR $125,000

73 Larksmead $492,500

Here is the break down for single family home sales for

September, 2009

in Eugene, OR's

FERRY STREET BRIDGE RMLS market area

SHOWN BY type of sale: REGULAR SALE, SHORT SALE, OR BANK-OWNED SALE

18 Single Family Homes sold in September:

Short Sales: Bank Owned:

145 N. Garden Way $150,000 2850 Van AV $167,475

405 Spyglass $425,000 1428 Gilham RD $300,000