About Eugene's West Eugene

WEST EUGENE

market area of Eugene, 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 September

2001-2009:

And a decade of Average Price of Closed Sales
for the

Months of September

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. An arithmetic median would make for a better comparison but is unavailable from RMLS.

This daily fluxuation is killing me! I never paid so much attention to the mortgage interest rates until the last 6 months. I watched 700 Club Monday when I was on the treadmill and couldn't believe they were saying the words "depression" and "recession". UGH. Nothing like scaring everyone into their cave so they won't buy a home AT ALL this year!

Why don't they talk about how low the interest rates are comparatively? To get a mortgage interest rate in the 5's has been a rare thing the last 15 years that I have been in real estate. It is a GOOD THING! Every buyer should be jumping on board! (Unless they have lost their job, of course.) *sigh*

On a good note, we had 22 groups through the model home office this last week at Greenbrier Meadows out here in beautiful, quiet West Eugene, OR. So they are looking... but will they buy? Seems like all the home buyers are relocation people.

Hope everyone else has smooth sailing. These rough waters are making me sea sick! =)~

D'arcy Usher Martin, Eugene, Oregon

I am the on-site sales agent for JLS Custom Homes at Greenbrier Meadows in West Eugene, OR. We have 92 home sites that we started building on in June 2006. We are more than half way sold out but still have 41 homes priced from $239,950 - $320,950.