Real Estate Information Archive

Blog

Displaying blog entries 1-2 of 2

This Month in Real Estate June 2017

by Galand Haas

Good Monday Morning!

The national home market has slowed slightly as home prices continue to rise.  The question both locally and nationally is whether the fast rising home prices have now started to effect sales.  Home affordability has certainly become an issue with double digit home price increases over the past year.  The question at this time is not if the market will slow due to rising prices, but when.  The next few months should be interesting!

Video Link: http://eugeneoregonhomesforsale.com/video/This-Month-in-Real-Estate-June-2017

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!


Image Unavailable
56324 MCKENZIE HWY
Price: $425,000 Beds: 3 Baths: 2 Sq Ft: 2070
Riverfront Retreat on 2.48 Acres! Enjoy river views spanning south end of property. Unwind in hot tub, walk short trail for easy river access & relax on large deck. Beautiful park-like yard w/ horseshoe pit, sand volleyball ct, garden & mature trees...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Latest Market Activity for May 2017

by Galand Haas

Good Morning!

May of 2017 showed as a very strong month for the Eugene and Springfield area housing market.  Home sale were up and home price continued to increase.  With home pricing up at near 10% over the last year, home affordability may be a huge factor in the coming months.  Here is the May 2017 home sales report for Lane County.

Lane County had strong activity across the board this May. New listings (752) outpaced May 2016 (657) by 14.5% and April 2017 (577) by 30.3%. The last May that saw new listings as strong was in 2007, when 804 new listings were offered for the month. 

Pending sales (638) bested May 2016 (567) by 12.5% and April 2017 (488) by 30.7%.—the strongest May on the RMLS record, which dates to 2001. 

Closed sales (444) were less strong, but still edged 0.7% over the 441 closings from May 2016 and 23.0% over the 361 closings recorded last month in April 2017. 

Total market time decreased to 51 days in May, with inventory slimming slightly to 1.6 months. 


Year to Date Summary 

Comparing the first five months in 2017 to the same period in 2016, new listings (2,642) have decreased 2.0%, closed sales (1,765) have decreased 3.1%, and pending sales (2,220) have decreased 4.4%. 

Average and Median Sale Prices 

Comparing 2017 to 2016 through May of each year, the average sale price rose 9.7% from $252,800 to $277,300. In the same comparison, the median sale price rose 8.7% from $229,900 to $250,000. 


Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

Image Unavailable
2698 SUNCREST AVE
Price: $659,000 Beds: 4 Baths: 3 Sq Ft: 4509
Spectacular hilltop haven with valley view! Natural light floods in from custom windows/skylights presenting breath-taking views & sunsets. Cathedral ceiling & gas fireplace in living rm. Family rm with 2 sliding doors leading to large patio. Contem...



AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Displaying blog entries 1-2 of 2

Syndication

Categories

Archives

Contact Information

Photo of Galand Haas Team  Real Estate
Galand Haas Team
Keller Williams Realty Eugene and Springfield
2644 Suzanne Way
Eugene OR 97408
Direct: (541) 349-2620
Fax: 541-687-6411

Share This Page

Find Your Next Home

Homes for sale in the Eugene area are only a click away!