Welcome to the LaneCountyHomes.net Blog

2014-01-15 23:23:38
Lane County Homes Sales Report- December 2013

Here's a quick nutshell of what's going on in our local Lane County real estate market. October & November pending sales hit with strength & closed in strong numbers in December. December new listings were considerably low when compared to last month & last December. The result of these two factors have left a very low inventory level in the housing market.

As the new year takes off, we are seeing a lot of prospective buyers enter the market. We believe all of this will cause a demand for homes as they get listed on the market. This demand should cause homes to continue to appreciate- which is great for sellers, but can be frustrating for buyers. Especially first time home buyers who tend to buy starter homes (which has the most activity), and tend to be gun-shy when it comes to competing offers.

- Average home sales values are up 11.9% and end 2013 at $224,900
- Total home sales are up 14.9% & end the year at 3,792
- Total average time it takes for a home to sell is better at 115 days, a 16.1% improvement

Click here to view the full report.

Please contact us with any real estate questions you have!

Heather Romito, 541-554-4590, heather@teamromito.com

John Romito, 541-554-7918, john@teamromito.com




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2014-01-15 23:23:38
Lane County Homes Sales Report- December 2013

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Click here to see ALL articles.

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