Real Estate Talk Market Update For January 2, 2010 (Albany, Lebanon, Corvallis Oregon)

Albany

SOLD (past 90 days) - 148

• Average price - $180,466
• Median Sale Price - $174,000
• Average Days on the Market - 125
• Average Dollar per Square Foot - $117.94

Current Active Listings - 340

• Average Price of Active Listings - $208,263
• Months of Inventory - 6.89

Pending/Contingent Sales - 54 / Value $9.7 million

• Total Contingent- 23
• Total Pending - 31

Corvallis

SOLD (past 90 days) - 107

• Average price - $275,906
• Median Sale Price - $258,000
• Average Days on the Market - 124
• Average Dollar per Square Foot - $162.53

Current Active Listings - 180

• Average Price of Active Listings - $328,509
• Months of Inventory - 5.05

Pending/Contingent Sales - 35 / Value $10.2 million

• Total Contingent- 29
• Total Pending - 6

Lebanon

SOLD (past 90 days) - 64

• Average price - $141,027
• Median Sale Price - $141,000
• Average Days on the Market - 175
• Average Dollar per Square Foot - $104.46

Current Active Listings - 120

• Average Price of Active Listings - $164,066
• Months of Inventory - 5.63

Pending/Contingent Sales - 26 / Value $4.7 million

• Total Contingent- 13
• Total Pending - 13

Upcoming Guests Scheduled:

January Guests:

January 02 - Larry Lundgren, Mortgage Advisor Guide - In depth information on Loan Modifications

January 07 - Kevin Simrin, Owner RE/MAX Integrity - Market Outlook for 2010 - the Big Picture.

January 16 - Real Estate Roundtable - This month's guests include Andrea Beem, Gina Bindel (The Beem and Bindel Team from RE/MAX Integrity), and Dee Robb (Summit Funding)

January 21 - TBD

January 30 - TBD

Are you a First Time Home Buyer?

Do you want to participate in Real Estate Talk? Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process. The person(s) selected will receive some nice gifts as a way of saying "thank you." Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).

For more information, contact Dave at realestatetalk@kgal.com.