Yamhill County Real Estate Sales The Last Three Months

On March 27, 2009 I studied the RMLS to find out exactly what the real estate sales in Yamhill County, Oregon have been for the previous 3 months and this is what I found out:

McMinnville, Oregon Real Estate Sales:

30 Homes have sold in the $1 to $300,000 range

7 Homes have sold in the $301,000 to$600,000 range

2 Homes have sold in the $601,000 to 1,000,000 range

Newberg, Oregon Real Estate Sales:

26 Homes have sold in the $1 to $300,000 range

18 Homes have sold in the $301,000 to 600,000 range

2 Homes have sold in the $601,000 to $1,000,000 range

Lafayette, Oregon Real Estate Sales:

12 Homes have sold in the $1 to $300,000 range

1 Home has sold in the $301,000 to $600,000 range

Willamina, Oregon Real Estate Sales:

10 Homes have sold in the $1 to $300,000 range

1 Home has sold in the $301,000 to $600,000 range

Sheridan, Oregon Real Estate Sales:

5 Homes have sold in the $1 to $300,000 range

1 Home has sold in the $301,000 to $600,000

Dundee, Oregon Real Estate Sales:

4 Homes have sold in the $1 to $300,000 range

Carlton, Oregon Real Estate Sales:

2 Homes have sold in the $1 to $300,000 range

1 Home has sold in the $301,000 to $600,000 range

Dayton, Oregon Real Estate Sales:

1 Home has sold in the $1 to $300,000 range

1 Home has sold in the $301,000 to $600,000

Yamhill, Oregon Real Estate Sales:

1 Home has sold in the $1 to $300,000 range

1 Home has sold in the $301,000 to $600,000 range

To break it down in another way:

McMinnville Sales Total: 39

Newberg Sales Total: 46

Lafayette Sales Total: 13

Willamina Sales Total: 11

Sheridan Sales Total: 6

Dundee Sales Total: 4

Carlton Sales Total: 3

Dayton Sales Total: 2

Yamhill Sales Total: 2

For a Grand Total of 126 sales in the previous 3 months.

It's easy to see most of the sales happened in the $1 to $300,000 range. I expect that sales in that range to rises as first time home buyer's start to take advantage of the$8,000 First Time Home Buyer's Credit. I also expect people who want to take advantage of the low interest rates(4.87 on March 27,2009) to start jumping on the band wagon and move forward, there are so many great deals out there, it is a buyer's market and the savvy investor knows this is a great time to buy.

Feel free to contact me if you have any questions about the market or would like to schedule an appointment to start your search. Sandy@thekellygroup.net or 503-502-6408