Junction City, OR

What kind of financing is used for the purchase of single family homes in the

JUNCTION CITY

RMLS market area in LANE COUNTY, Oregon?

Is "all-cash" an important factor? Are most new loans conventional or FHA? How about federal VA? Do all other financing mechanisms (owner financing, lease-options, etc.) account for many sales?

Here is how the sales for single family homes in this RMLS market area break out for calendar year 2011 - by type of purchase made:

THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN

NORTHERN LANE COUNTY'S JUNCTION CITY SCHOOL DISTRICT

IS TO COMPARE

THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

In November, inventory in the JUNCTION CITY area headed down

(for the first time since the boom/bust)

while sales headed up.

Now if we can just get price to head up, we might be feeling good.

Here, for the

JUNCTION CITY

RMLS Market Area, are:

A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

Months of NOVEMBER

2001 - 2011:

And a decade of Average Prices for Closed Sales
for the

Months of NOVEMBER

2001 - 2011:

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. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.

THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN

NORTHERN LANE COUNTY'S JUNCTION CITY SCHOOL DISTRICT

IS TO COMPARE

THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

So for the

JUNCTION CITY

RMLS Market Area, HERE ARE:

A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

Months of OCTOBER

2001 - 2011:

PLEASE NOTE:

The very high average price for 2007 shown below coincides with the very low number of October closed sales shown above. While it might be that October 2007 was the highpoint for the BoomBust, it is unfairly influenced by just a few very expensive sales taking place in the month.

The number of sales continues to be roughly two-thirds that experienced in the five years leading up to the bust. But the 2011 drop in October inventory and the corresponding bump upwards in average price are encouraging.

And a decade of Average Prices for Closed Sales
for the

Months of OCTOBER

2001 - 2011:

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. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.

THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN LANE COUNTY, OR

IS TO COMPARE

THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

So for the

JUNCTION CITY

RMLS Market Area, HERE ARE:

A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

Months of APRIL

2001 - 2010:

And a decade of Average Prices for Closed Sales
for the

Months of APRIL

2001 - 2010:

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. A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.