Which homes are selling best in Lane County, Oregon's
BETHEL-DANEBO RMLS Market Area?
The table below compares actual closed sales of single family, detached homes in the months of
June, July, and August, 2009
to the inventory available in the Bethel-Danebo market area as of
September 5, 2009.
Square-Footage Range |
Active Listings September 5, 2009 |
Closed Sales June, 2009 |
Closed Sales July, 2009 |
Closed Sales August, 2009 |
Three-Month Absorption Rate |
Available Inventory (in months) |
||
| All |
115 |
23 |
30 |
20 |
73/3 = 24.3 |
4.7 |
Square-Footage Range |
Active Listings September 5, 2009 |
Closed Sales June, 2009 |
Closed Sales July, 2009 |
Closed Sales August, 2009 |
Three-Month Absorption Rate |
Available Inventory (in months) |
||
| 3000-over | 1 |
|
|
|
0/3 = .00 |
∞ | ||
| 2800-2999 |
2 |
0/3 = .00 |
∞ | |||||
| 2600-2799 |
2 |
0/3 = .00 |
∞ | |||||
| 2400-2599 |
3 |
0/3 = .00 | ∞ | |||||
| 2200-2399 |
4 |
1 |
1 |
2/3 = .67 |
6.0 |
|||
| 2000-2199 |
7 |
2 |
1 |
3/3 = 1 |
7.0 | |||
| 1800-1999 |
3 |
1 |
1 |
3 |
5/3 = 1.67 | 1.8 |
||
| 1600-1799 |
18 |
2 |
3 |
2 |
7/3 =2.34 |
7.7 | ||
| 1400-1599 |
17 |
7 |
6 | 2 |
15/3 = 5 |
3.4 | ||
| 1200-1299 |
26 |
5 |
8 |
2 |
15/3 = 5 |
5.2 |
||
| 1000-1199 |
21 |
5 |
6 |
5 |
16/3 = 5.33 |
3.9 | ||
| 0 - 999 |
11 |
2 |
3 |
5 |
10/3 = 3.34 |
3.3 |
Homes from 1800 to 1999 square feet are HOT!
Homes below 1600 square feet are selling well -- approaching a buyer's market.
Homes over 2400 square feet are NOT --
- as in not selling.
None in this range sold in the last three months.
Homes over 2200 square feet have an
aggregate available inventory of
20 months.
The $8000 federal tax credit is driving the sizes at or below
the (1400-1599 square-foot) median home size.
Nothing comparable is driving the sale of large homes.
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