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About Eugene's Danebo

Residential Market Data for the Bethel - Danebo RMLS market area of Eugene, OR for July, August and September, 2009

Jim Hale - On the MOVE for You! Eugene - Springfield Oregon Real Estate: Real Estate Agent in Eugene, OR
Here's the basic residential listing data for the months of
July, August and September, 2009
for the

BETHEL - DANEBO

market area of Eugene, OR
as reported by the Portland Regional Multiple Listing Service (RMLS):

Basic Residential Sales Data - Bethel-Danebo RMLS area - Jyly, August, September 2009

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.

Residential Listing Data for the Bethel- Danebo RMLS market area of Eugene, OR for August, 2009

Jim Hale - On the MOVE for You! Eugene - Springfield Oregon Real Estate: Real Estate Agent in Eugene, OR

Here's the basic residential listing data for the month of
August, 2009
for the

BETHEL - DANEBO

market area of Eugene, OR
as reported by the Portland Regional Multiple Listing Service (RMLS):

Listing Market Data - Bethel - Danebo - Eugene, OR - August, 2009

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.

What Size Homes Are Selling This Summer in Eugene, Oregon's Bethel - Danebo (multiple listing service) Market Area?

Jim Hale - On the MOVE for You! Eugene - Springfield Oregon Real Estate: Real Estate Agent in Eugene, OR

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

June, July, and August, 2009

to the inventory available in the Bethel-Danebo market area as of

September 5, 2009.




Square-Footage
Range
Active Listings
September 5, 2009

Closed Sales
June, 2009
Closed Sales
July, 2009
Closed Sales
August, 2009


Three-Month

Absorption Rate

Available Inventory
(in months)
All
115

23
30
20

73/3 = 24.3
4.7


But the aggregate Available Inventory for all of Bethel - Danebo
doesn't tell you what you really need to know!

Here is the breakdown by square footage range:


Square-Footage
Range
Active Listings
September 5, 2009

Closed Sales
June, 2009
Closed Sales
July, 2009
Closed Sales
August, 2009


Three-Month

Absorption Rate

Available Inventory
(in months)
3000-over 1





0/3 = .00
2800-2999

2





0/3 = .00
2600-2799

2





0/3 = .00
2400-2599

3





0/3 = .00
2200-2399

4

1
1


2/3 = .67
6.0
2000-2199

7


2
1

3/3 = 1
7.0
1800-1999

3

1
1
3

5/3 = 1.67 1.8
1600-1799

18

2
3
2

7/3 =2.34
7.7
1400-1599

17

7
6 2

15/3 = 5
3.4
1200-1299

26

5
8
2

15/3 = 5
5.2
1000-1199

21

5
6
5

16/3 = 5.33
3.9
0 - 999

11

2
3
5

10/3 = 3.34
3.3

Homes from 1800 to 1999 square feet are HOT!

Homes below 1600 square feet are selling well -- approaching a buyer's market.

Homes over 2400 square feet are NOT --

- as in not selling.

None in this range sold in the last three months.

Homes over 2200 square feet have an

aggregate available inventory of

20 months.

The $8000 federal tax credit is driving the sizes at or below
the (1400-1599 square-foot) median home size.

Nothing comparable is driving the sale of large homes.


Speechless Sunday - Dusk to Sunset - August - Eugene, OR

Jim Hale - On the MOVE for You! Eugene - Springfield Oregon Real Estate: Real Estate Agent in Eugene, OR

Moon and Pink Clouds

What size home is selling best in Eugene, OR's Bethel-Danebo market area?

Jim Hale - On the MOVE for You! Eugene - Springfield Oregon Real Estate: Real Estate Agent in Eugene, OR

Which homes are selling best in Eugene, Oregon's

DANEBO RMLS Market Area?

The table below compares actual closed sales of single family, detached homes

in the month of June, 2009

to the inventory available in the Danebo area as of today,

July 10, 2009.



Square-Footage Range Closed Sales
June, 2009
Active Listings
July 10,2009
Available Inventory
(in months)
All
22
124
5.6

The overall ratio of active listing divided by closed sales in June yields 5.6 months of available inventory.


3000 plus

1
2500-2999

10
2000-2499
1
16
16.0
1800-1999
1
11
11.0
1600-1799
2
15
7.5
1500-1599
4
8
2.0
1400-1499
3
11
3.7
1300-1399
1
6
6.0
1200-1299
3
6
2.0
1100-1199
3
8
2.6
1000-1099
2
17
8.5
900-999 2
6
3.0
Below 900

9


Starter homes

(near the median size)

(1100 - 1599 square feet and usually having 3 bedrooms, 2 baths, a family room and a 2-car garage)

are selling well, with a combined available inventory of

2.8 months.


1100-1599


14

39

2.8

As shown below, there exists an over-supply (27 months of available inventory) of the largest homes

(those with over 2000 square feet).


2000 plus


1

27

27.0


There is also an above-average supply of smaller homes, probably because the bulk of buyers using the

$8000 refundable federal tax credit

are buying at a higher level.


900 minus


2

15

7.5

Data compiled from RMLS data by Jim Hale, Principal Broker, ACTIONAGENTS.NET.

Copyright, 2009