Statistics for June 2012
Good Monday Morning!
The statistics are in for June 2012 home sale activity in the Eugene and Springfield market areas. June was an interesting month with some mixed signals. New listings were steady at 494 compared to 496 for June of 2011. Pending sales saw the sharpest change with a 27.2% increase over June of 2011 and a .09% increase over May of this year. Oddly, closed sales declined by 10.8% from June of last year and 10.2% from May of this year. There is currently 6.7 months of active home inventory on the market for sale. This is down from 7 months in June of 2011, but up from 5.8 months of inventory in May. We have now crossed the line back into a solid buyers market again. Remember, 6 months of inventory is the division point between a buyers and sellers market. The average sales price in June was $206,000 and the average time it took a home to sell was 135 days.
With the up and down of our local Real Estate market here in the Eugene and Springfield area and with the same situation nationally, it is easy to say that we have really not hit any kind of a true recovering housing market yet. June homes sales nationally were off by 5%.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
1355 N Park Ave
Lots of character! Enjoy the feeling of seclusion in this updated home. Features large sunken family room with fireplace and outside access. Well-sized master bedroom with double closet. Great den/office with closet. Skylights and wood stove in livi...
AND HERE'S YOUR MONDAY MORNING COFFEE!!