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What size home is selling best in Eugene, OR's Bethel-Danebo market area?

Which homes are selling best in Eugene, Oregon's

DANEBO RMLS Market Area?

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

in the month of June, 2009

to the inventory available in the Danebo area as of today,

July 10, 2009.



Square-Footage Range Closed Sales
June, 2009
Active Listings
July 10,2009
Available Inventory
(in months)
All
 22
 124
 5.6

The overall ratio of active listing divided by closed sales in June yields 5.6 months of available inventory.


3000 plus
1
 ∞
2500-2999
10
 ∞
2000-2499
 1
 16
 16.0
1800-1999
 1
 11
 11.0
1600-1799
 2
 15
 7.5
1500-1599
 4
 8
 2.0
1400-1499
 3
 11
 3.7
1300-1399
 1
 6
 6.0
1200-1299
 3
 6
 2.0
1100-1199
 3
 8
 2.6
1000-1099
 2
 17
 8.5
900-999 2
 6
 3.0
Below 900
9
 ∞


Starter homes

(near the median size)

(1100 - 1599 square feet and usually having 3 bedrooms, 2 baths, a family room and a 2-car garage)

are selling well, with a combined available inventory of

2.8 months.


1100-1599
14
39
2.8

As shown below, there exists an over-supply (27 months of available inventory) of the largest homes

(those with over 2000 square feet).


2000 plus
1
27
27.0


There is also an above-average supply of smaller homes, probably because the bulk of buyers using the

$8000 refundable federal tax credit

are buying at a higher level.


900 minus
2
15
7.5

Data compiled from RMLS data by Jim Hale, Principal Broker, ACTIONAGENTS.NET.

Copyright, 2009

Posted Friday Jul 10