Good Monday Morning!

It appears that even though we remain in a "HOT" sellers market in the Eugene and Springfield area, things are starting to get even hotter.  April home sales numbers indicate more home listings, more sales and of course a continuation in the amount of money that homes are selling for.  Mortgage interest rates remain favorable and this of course is fueling the strong housing market here.  The inventory of homes on the market remains extremely low and competitive buying situations remain the rule.  Here are the number for Lane County homes sales in April of 2021.

April Residential Highlights

New listings (523) increased 27.3% from the 411 listed in April 2020, and increased 14.4% from the 457 listed in March 2021.

Pending sales (457) increased 29.1% from the 354 offers accepted in April 2020, and increased 5.3% from the 434 offers accepted in March 2021.

Closed sales (370) increased 16.0% from the 319 closings in April 2020, and decreased 4.9% from the 389 closings in March 2021.

Inventory and Market Time

Inventory increased to 0.7 months in April. Total market time decreased to 25 days.

Year-To-Date Summary

Comparing the first four months of 2021 to the same period in 2020, new listings (1,715) decreased 4.6%, pending sales (1,560) increased 12.0%, and closed sales (1,350) increased 10.6%.

Average and Median Sale Prices

Comparing 2021 to 2020 through April, the average sale price has increased 16.8% from $341,300 to $398,800. In the same comparison, the median sale price has increased 15.3% from $320,000 to $369,000.

Have An Awesome Week!

Stay Healthy! Stay Safe! Remain Positive! Trust in God!

THIS WEEKS HOT HOME LISTING!

81 Shady Loop, Springfield, OR 

Price: $325,000    Beds: 3    Baths: 2.0    Sq Ft: 1260

Fabulous Hayden Bridge one level home that is move in ready! Several skylights. Make this home light & welcoming. Lots of storage! Fully fenced back yard with play structure and dog run. Kitchen has newer appliances and hot water heater, roof. This ho...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!