What Size Homes Are Selling This Summer in Eugene, Oregon's FERRY STREET BRIDGE (multiple listing service) Market Area?

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

June, July, and August, 2009

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

September 12, 2009.

Square-Footage Range	Active Listings September 12, 2009		Closed Sales June, 2009	Closed Sales July, 2009	Closed Sales August, 2009		Three-Month Absorption Rate	Available Inventory (in months)
All	114		31	26	24		81/3 = 27	4.2

Square-Footage Range	Active Listings September 12, 2009		Closed Sales June, 2009	Closed Sales July, 2009	Closed Sales August, 2009		Three-Month Absorption Rate	Available Inventory (in months)
3000-over	20		1	4	2		7/3 = 2.3	8.7
2800-2999	8		2	1			3/3 = 1.0	8.0
2600-2799	11		3		1		4/3 = 1.34	8.2
2400-2599	4			1	1		2/3 = .67	6.0
2200-2399	12		3	4			7/3 = 2.34	5.1
2000-2199	9		6	3	1		10/3 = 3.34	2.7
1800-1999	19		1	5	5		11/3 = 3.67	5.2
1600-1799	11		1	3			4/3 = 1.34	8.2
1400-1599	5		3	4	6		13/3 = 4.34	1.2
1200-1299	8		7	1	6		14/3 = 4.67	1.7
1000-1199	7		1		1		2/3 =.67	10.4
0 - 999			3		1		4/3 = 1.34	0.0

Homes from 1200 to 1600 square feet are HOT!

Homes between 2000 and 2199 square feet are selling well.

Homes over 2200 square feet are less in demand but the available inventory is lower than in other local RMLS areas.

The high inventory at the low end is surprising.

As elsewhere, the $8000 fully refundable federal tax credit

(for buyers who have not owned a home

in the last three years)

is driving the sale of smaller homes.

Nothing similar is driving sales at the high end.