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Active Listings - Homes for Sale - Closed Sales - Months of Inventory - Average Sale Prices for RMLS market areas in Eugene - Springfield - Lane County. OR - July, 2009

The Portland Regional Multiple Listing Service has posted the
MARKET ACTION
report for Lane County, OR
for JULY, 2009.


The summary of that RMLS report says the

MONTHS OF AVAILABLE INVENTORY


dropped to 6.3 months.

The MONTHS OF INVENTORY ratio is computed by dividing the number of active listings at the end of the reported month by the number of closed sales during that calendar month.
For areas with no closed sales during the month, the ratio is shown as infinity.




Unmentioned in the RMLS MARKET ACTION summary is the fact the report's aggregate numbers do not include the coastal portion of Lane County (including Florence, Dunes City, Mapleton). The current inventory is much higher in Coastal Lane County due to a sharp decline in the number of retires coming from out-of-state.

As usual, that published county-wide number tells little about what's happening with homes for sale in any specific neighborhoods of Eugene, Springfield and Lane County, OR that might interest you.

As usual, the MONTHS OF INVENTORY is much less in Eugene-Springfield than in more outlying areas.



Here is the MONTHS OF REMAINING INVENTORY and other important numbers for each RMLS market area within Lane county:


RMLS #
Market Area
Active Listings
Closed Sales		 Months of Inventory
Average Sales Price






241
 North Gilham
 75
 15
 5.0
 $310,500
242
 Ferry St. Bridge
 140
 30
 4.7
 $313,400
248
 Santa Clara
 129
 26
 5.0
 $244,200
247
 River Road
 35
 13
 2.7
 $211,800
246
 Bethel Danebo
 144
 33
 4.4
 $164,000
243
 East Eugene
 131
 27
 4.9
 333,100
244
 SW Eugene
 222
 33
 6.7
 352,800
245
 West Eugene
 54
 10
 5.4
 159,800

Eugene Totals:
 930
 187
 5.0
 $274,375

Last Month:
 917
 162
 5.5
 $246,170






232
 Hayden Bridge
 58
 8
 7.3
 237,600
249
 (SW) Springfield
 130
 26
 5.0
 161,600
239
 Thurston
 142
 21
 6.8
 170,500

Springfield Totals:
 330
 55
 6.0
 $175,071

Last Month:
 314
 60
 5.2
 $192,950







METRO
TOTALS:
 1260
 242
 5.2 Months
 $252,029

Last Month:
 1231
 222
 5.4
 $231,780

Best in
metro:
 River
Road
Worst in metro:
 Hayden Bridge






241
 Coburg-Harrisburg
 43
 6
 7.2
 207,000
250
 Mohawk Valley
 32
 1
 32.0
 340,000
233
 McKenzie Valley
 107
 6
 17.8
 150,600
234
 Pleasant Hill - Oakridge
 126
 14
 9.0
 196,500
235
 Creswell -
Cottage Grove
 267
 33
 8.1
 190,200
236
 West Lane
 121
 16
 7.6
 224,200
237
 Junction City
 118
 14
 8.4
 237,800







SUBURBAN
TOTALS:
 814
 90
 9.0 Months
 $204,773

Last Month:
 707
 71
 10.8
 $218,170

Best
Outlying:
 Coburg-
Harrisburg
Worst Outlying:
 Mohawk Valley






225
 Flor Coast Village
 22
 2
 11.0
 82,000
226
 Flor Green Trees
 42
 0
 ∞ NA
227
 Flor Florentine
 24
 0
 ∞ NA
228
 Florence Town
 148
 3
 49.3
 118,300
229
 Florence Beach
 60
 4
 15.0
 294,300
230
 Florence North
 55
 2
 27.5
 217,500
231
 Florence South
- Dunes City
 73
 2
 36.5
 168,000
238
 Forence East
- Mapleton
 31
 0
 ∞ NA







COASTAL
TOTALS:
 455
 13
 35.0 Months
 189,800

Last Month:
 459
 18
 25.5
 $191,900

Best
coastal:
 Flor Coast Village
Worst coastal:
 A 3-way tie



Miscellaneeous Exceptions to the Rule:

Eugene active listings were up overall but down in Ferry Street Bridge, River Road and Bethel-Danebo.
Eugene months of inventory was down overall but up in Ferry Street Bridge, Santa Clara and West Eugene.

Springfield active listings were up overall but down in Hayden Bridge.

Suburban active listings were up overall but down in Pleasant Hill-Oakridge.
Suburban months of inventory was down overall but up in the Mohawk Valley, West Lane and Junction City.

Posted Wednesday Aug 19