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
August, September and October, 2009
to the inventory available in the Bethel-Danebo market area as of
November 13, 2009.
Square-Footage Range |
Active Listings November 10, 2009 |
Closed Sales August, 2009 |
Closed Sales September, 2009 |
Closed Sales October, 2009 |
Three-Month Absorption Rate |
Available Inventory (in months) |
||
| All |
111 |
21 |
33 |
29 |
83/3 = 27.8 |
4.00 |
Square-Footage Range |
Active Listings November 10, 2009 |
Closed Sales August, 2009
|
Closed Sales September, 2009 |
Closed Sales October, 2009 |
Three-Month Absorption Rate |
Available Inventory (in months) |
||
| 3000-over | 1 |
|
|
0 | ∞ | |||
| 2800-2999 |
1 | 0 |
∞ | |||||
| 2600-2799 |
0 |
∞ | ||||||
| 2400-2599 |
2 |
1 |
1/3 = 0.33 | 6.1 | ||||
| 2200-2399 |
2 | 1 |
1 |
2/3 = 0.67 |
3.0 |
|||
| 2000-2199 |
8 | 1 | 1 |
2/3 = 0.67 | 11.9 | |||
| 1800-1999 |
7 | 3 | 1 | 4/3 = 1.33 | 5.3 | |||
| 1600-1799 |
14 | 2 |
4 |
4 | 10/3 = 3.34 |
4.2 | ||
| 1400-1599 |
24 | 2 | 8 | 12 |
22/3 = 7.33 | 3.3 | ||
| 1200-1299 |
24 | 2 | 7 |
5 | 14/3 = 4.67 | 5.1 |
||
| 1000-1199 |
18 | 6 | 9 | 5 | 20/3 = 6.67 | 2.7 | ||
| 0 - 999 |
8 | 5 | 2 | 1 | 8/3 = 2.67 |
3.0 |
Homes below 2000 square feet are selling well!
Homes between 2000 and 2199 have a momentary surplus of available inventory.
The inventory just below 2000 is approaching
a balanced market.
Homes below 1200 square feet show an inventory level that indicates a seller market. What is switch that will be if it holds up through the winter!
are also selling very well.
As elsewhere, the $8000 fully refundable federal tax credit
(for buyers who have not owned a personal residence
in the last three years)
is driving the sale of smaller homes.
It has been extended through April 30.
And effective right now, the new fully refundable
$6500 federal tax credit
(for those buyers who've lived in their personal residence for at least 5 of the last 8 years)
will be driving mid-range sales.
The new tax credit will only be in play for 5 1/2 months and has income limitations. That means it may have
little impact
on the number of sales or prices of homes at the high end.
But the impact in Bethel-Danebo should be significant!
************
Jim Hale
Principal Broker
Graduate, REALTOR Institute e-PRO
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
www.actionagents.net jim@actionagents.net
© 2009 All Rights Reserved
FERRY STREET BRIDGE
market area of EUGENE, Lane County, OR
New Listings may include properties previously listed by the same or a different brokerage.
Cancellations or Expired Listings may, therefore, by duplicated in the active category.
Pending Sales are those subject to a new sale agreement within the month.
Active Listings are those for sale on the last day of the month.
Closed Listings are those that closed in escrow within the report month.
*****
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of October
2001-2009:
And a decade of Average Prices for Closed Sales
for the
Months of October
2001-2009:
These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area. The mix of homes sold varies over time. The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices. An arithmetic median would make for a better comparison but is unavailable from RMLS.
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
August, September and October, 2009
to the inventory available in the Ferry Street Bridge market area as of
November 10, 2009.
Square-Footage Range |
Active Listings November 10, 2009 |
Closed Sales August, 2009 |
Closed Sales September, 2009 |
Closed Sales October, 2009 |
Three-Month Absorption Rate |
Available Inventory (in months) |
||
| All |
103 |
24 |
20 |
28 |
72/3 = 24 |
4.29 |
Square-Footage Range |
Active Listings November 10, 2009 |
Closed Sales August, 2009
|
Closed Sales September, 2009 |
Closed Sales October, 2009 |
Three-Month Absorption Rate |
Available Inventory (in months) |
||
| 3000-over | 16 |
2 |
4 |
6/3 = 2 |
8.0 | |||
| 2800-2999 |
5 | 1 |
1/3 = 0.33 |
15.2 | ||||
| 2600-2799 |
11 |
1 |
1 |
1 |
3/3 = 1 |
11.0 | ||
| 2400-2599 |
5 |
1 |
3 |
1 |
5/3 = 1.67 | 3.0 | ||
| 2200-2399 |
4 | 1 |
3 |
4/3 = 1.34 |
3.0 |
|||
| 2000-2199 |
11 | 1 | 1 | 2 | 4/3 = 1.34 | 8.3 | ||
| 1800-1999 |
15 | 5 | 6 | 5 | 16/3 = 5.33 | 2.8 | ||
| 1600-1799 |
15 | 1 | 1/3 = .34 |
45.5 | ||||
| 1400-1599 |
7 | 6 | 3 | 2 |
11/3 = 3.67 | 1.9 | ||
| 1200-1299 |
7 | 6 | 5 | 11/3 = 3.67 |
1.9 |
|||
| 1000-1199 |
6 | 1 | 3 | 3 | 7/3 = 2.33 | 2.6 | ||
| 0 - 999 |
1 | 1 | 1 | 1 | 3/3 = 1 |
1.0 |
Homes below 1600 square feet are HOT!
Homes between 1800 and 1999
and 2200 and 2599 square feet
are also selling very well.
Inventory levels
(as expressed as Months of Remaining Inventory)
at mid-range and below are at seller-market levels.
But there seems to be a momentary glut of homes between 1600-1799.
Homes over 2600 square feet continue to have
a buyer-market inventory level.
As elsewhere, the $8000 fully refundable federal tax credit
(for buyers who have not owned a personal residence
in the last three years)
is driving the sale of smaller homes.
It has been extended through April 30.
And effective now, the new fully refundable
$6500 federal tax credit
(for those buyers who've lived in their personal residence for at least 5 of the last 8 years)
will be driving mid-range sales.
The new tax credit will only be in play for 5 1/2 months and has income limitations. That means it may have
little impact
on the number of sales or prices of homes at the high end.
************
Jim Hale
Principal Broker
Graduate, REALTOR Institute e-PRO
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
www.actionagents.net jim@actionagents.net
© 2009 All Rights Reserved
Here is the break down for single family home sales for
October, 2009
in EUGENE, OR's
FERRY STREET BRIDGE
(RMLS Market Area)
(SHOWN BY type of sale: REGULAR SALE, SHORT SALE, or BANK-OWNED SALE)
28 Single Family Homes sold in October:
Short Sales: Bank Owned Sales:
3528 Berkshire ST $260,000 1050 Backlund PL $469,000
1855 Brewer AV $262,000
And here, for reference, is:
September, 2009
18 Single Family Homes sold in September:
Short Sales: Bank Owned:
145 N. Garden Way $150,000 2850 Van AV $167,475
405 Spyglass $425,000 1428 Gilham RD $300,000
Here, for reference, are:
August, 2009
24 Single Family Homes sold in August:
July, 2009
26 Single Family Homes sold in July:
June, 2009
31 Single Family Homes sold in June:
************
Jim Hale
Principal Broker
Graduate, REALTOR Institute e-PRO
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
www.actionagents.net jim@actionagents.net
© 2009 All Rights Reserved
Here is the break down for single family home sales for
October, 2009
in Lane County, OR's
VENETA - ELMIRA - NOTI - CROW - LORANE
(West Lane RMLS Market Area)
(SHOWN BY type of sale: REGULAR SALE, SHORT SALE, or BANK-OWNED SALE)
13 Single Family Homes sold in October:
Short Sales: Bank Owned Sales:
None 87980 5th ST $149,900
8590 Placid ST $170,000
91612 NelsonMtn RD $230,000
84700 Arlie RD $235,000
And here, for reference, is:
September, 2009
8 Single Family Homes sold in September:
Short Sales: Bank Owned:
None 88046 6th ST $169,050
Jim Hale
Principal Broker
Graduate, REALTOR Institute e-PRO
actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962
Office: 541-484-0219
Direct: 541-543-9991
Fax: 541-485-8068
www.actionagents.net jim@actionagents.net
(c) 2009 All Rights Reserved
 |
|
|
Principal Broker. Graduate, REALTOR Institute, e-PRO. Twelve years experience in Lane County real estate. Specializing in North Eugene (97401, 97402, 97404, 97408), West Lane and South Lane.
Besides: As a poet, Jim loves alliteration. That and being first in the alphabet.
A broker with over 12 years of real estate experience.
An agent who has personally sold scores of homes in Lane County.
A graduate of the REALTOR Institute.
A holder of the e-PRO REALTOR designation.
(The recognized credential for real estate internet marketing)
Principal Broker / Owner of actionagents.net.
A descendant of Oregon pioneers, Jim grew up on a Century farm near Noti, Oregon.
He served as an officer in the U.S. Army Signal Corps during the Vietnam War.
He has been a manager for Red Lion Hotels & Inns and Albertsons.
Jim is a past member of many local government boards and commissions, including the Eugene School District 4J Budget Committee and the Metropolitan Area Planning Advisory Committee (that wrote the Eugene - Springfield General Plan and it's associated TRANSPLAN (which provided for the Chambers Connector and the extension of Pioneer Parkway & building of the Bob Straub Parkway)).
Jim is: A former PTA President. A Fomer Lane County chair for his political party. A long-time coach and board member for American Youth Soccer Organization (AYSO). A long-time volunteer leader for the Boy Scouts of America.
Matt & Sonja Yokum (Cottage Grove)
Jim has done an amazing job for us with finding us a house and all the (many) hoops that had to be taken. Furthermore. he kept us informed about the progress, was always available when needed, always discussed our possibilities, and kept us sane when things went crazy. We are very happy with all the hard work he has done and the result: a beautiful house that we can call our home. We already recommended him to our family and friends and we are happy to do it here on this website.
We think he is the best you can get.
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