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What Size Homes Are Selling This Summer in Eugene, Oregon's Bethel - Danebo (multiple listing service) Market Area?

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


But the aggregate Available Inventory for all of Bethel - Danebo
doesn't tell you what you really need to know!

Here is the breakdown by square footage range:


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.


Posted Sunday Sep 06