The Numbers are in: October 2013
October continued seeing seasonal cooling to real estate activity in Lane County, but the numbers are strong when compared to last October. New listings (370) decreased 5.4% from the 391 in September, but show an increase of 14.2% compared to the 324 listings from October 2012. Similarly, closed sales (303) dropped when compared to the 354 in September, but have increased 6.3% over the 285 closings from last October. Accepted offers, at 295, are down 5.1% when compared to September’s 311, but also down 9.5% compared to the 326 from October 2012.
Total market time increased by a week to 104 days in October, and inventory increased to 5.2 months.
Year-to-Date Summary
The 5,104 new listings represent a 16.0% increase over the 4,401 entered
in the first ten months of 2012. There have been 3,383 pending and 3,264 closed sales through October 2013, up 14.3% and 17.5%, respectively, from 2,960 pendings and 2,778 closed sales by October 2012.
Average and Median Sale Prices
The average price through October is $227,000, up 13.1% from this time in 2012, when the average was $200,700. In the same comparison, the median price increased 14.1% from $177,000 last year to $202,000 this year.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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88604 Ermi Bee Rd
Wonderful Wooded Retreat! Surrounded by nature, this secluded 5 acre property offers lots of space and options! Granite, tile, skylights, vaulted ceiling, 4 decks, 3 sliders, beautifully landscaped grounds with water feature and pond, walking trails...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
