Vida, OR

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

MCKENZIE RIVER VALLEY

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

NORTHEASTERN LANE COUNTY'S MCKENZIE RIVER VALLEY

IS TO COMPARE

THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

The McKenzie Valley continues to be a severe buyer's market.
The single home sold in the MLS this December matched the dismal number from 2008.

The average sales price is down drastically.

But the killer stat is still inventory - which continues at a high level.
Even worse: only the low end is selling.

So for the

MCKENZIE RIVER VALLEY

RMLS Market Area, HERE ARE:

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

Months of DECEMBER

2001 - 2011:

And a decade of Average Prices for Closed Sales
for the

Months of DECEMBER

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

NORTHEASTERN LANE COUNTY'S MCKENZIE RIVER VALLEY

IS TO COMPARE

THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

The McKenzie Valley continues to be a severe buyer's market.
Sales are at half that during the boom, the number remaining flat for the sixth straight year.

But the killer stat is inventory - which continues to climb.
Even worse: only the low end is selling.

So for the

MCKENZIE RIVER VALLEY

RMLS Market Area, HERE 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.