Real Estate Information Archive

Blog

Displaying blog entries 1-7 of 7

This Month In Real Estate August 2018

Monday, August 6, 2018
by Galand Haas

Good Morning!

Nationally, homes sales dipped slightly in July, but home prices continue their upward trend.  It is my guess that we may have reached the peak in home prices and home prices will either remain flat, or possibly even start a decline soon.  Both locally and nationally, homes are becoming less affordable with higher prices and higher mortgage interest rates.  There is a point where the market will flatten due to this and home prices will begin the decline.  We are either there or it is close.

View video here

Have an awesome week!

 

THIS WEEK'S HOME HOME LISTING!

 

253 WEDGEWOOD DR

Price: $320,000    Beds: 3    Baths: 2.5    Sq Ft: 1855

Fabulous one-level home in desirable Santa Clara neighborhood! Spacious 0.22 acre lot on lovely low-traffic street. Living room w/ fireplace. Large galley kitchen w/ pantry. Dining/Family room combination w/ fireplace. Large private master suite w/ ... View this property

 

AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Add Comment

Latest Market Activity For June 2018

Tuesday, July 17, 2018
by Galand Haas

Good Morning!

The numbers are in and Lane County had another strong month of home sales for June of 2018.  The primary thing to note is that the average home sales price continues to increase and is now over $300,000 as you will see.  One has to wonder how long this trend can continue in a market with a wage scale that does not support this high of an average home price? Here are the numbers for June of 2018.

 

June Residential Highlights

 

Lane County had mostly positive activity this June, with accepted offers leading the way. At 561, pending sales outpaced June 2017 (544) by 3.1% and May 2018 (521) by 7.7%. The last June when pendings ended stronger was in 2004, when 588 offers were accepted.

 

New listings, at 733, fared well in June. At 733, new listings rose 2.8% ahead of June 2017 (713) and 7.8% ahead of May 2018 (680). This was the strongest June for new listings since 2007, when 902 were listed.

 

Closed sales, at 479, dipped 6.1% under the 510 closings recorded in June 2017 but fared 6.2% better than last month in May 2018.

 

Inventory rose upward slightly in June to end at 1.7 months, with total market time holding steady at 38 days.

 

Year to Date Summary

 

Comparing the first six months of 2018 to 2017, closed sales (2,439) have increased 5.7% and pending sales (2,786) have increased 1.7%. New listings (3,370) have decreased 0.4%.

Average and Median Sale Prices

 

Comparing 2018 to 2017 through June of each year, the average sale price has increased 7.3% from $281,900 to $302,500. In the same comparison, the median sale price rose 9.1% from $254,000 to $277,000.

Have An Awesome Week!

 

THIS WEEK'S HOT HOME LISTING!

6997 Glacier Drive
Price: $375,000 Beds: 4 Baths: 2.1 Sq. Ft.: 2,406

Completely remodeled! Fresh interior & exterior paint. All new carpet, vinyl wood floors, LED lights w/ Decora switches, heat pump, furnace, hot water heater. Large lower level bonus space (not included in SF) w/ lots of potential; could make a grea...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!

Add Comment

Latest Market Activity for December 2017

Monday, January 15, 2018
by Galand Haas

Good Monday Morning,

As you can see from the following statistics, the Real Estate market in the Eugene and Springfield area remains very strong.  The largest obstacle at this time is that there is only 1.7 months of active inventory of homes for sale. This is critically low number and it is creating a shortage of affordable homes for would-be buyers.  For anyone considering the sale of their home, there just could not be a better market.  If you are considering the sale of your home, don't wait, get your home on the market "NOW" and take advantage of this very strong sellers market. Here are December's Lane County home sales numbers.

December Residential Highlights

Lane County saw increases across the board this December compared to 2016 despite some cooling from last month. New listings (223) ended 3.7% ahead of December 2016 (215) but fell 35.4% sort of the 345 new listings o ered last month in November 2017.

Pending sales (309) fared similarly, increasing 24.1% from the accepted o ers recorded in December 2016 (249) but falling 15.6% short of the 366 offers accepted last month in November 2017.

Closed sales (371) ended one ahead of the 370 sales recorded last year in December 2016 (0.3%) but were 5.8% short of the 394 closings recorded last month in November 2017.

Year to Date Summary

Activity ended slightly ahead in 2017 compared to 2016. Comparing the entirety of each year, new listings (6,390) increased 3.5%, closed sales (5,204) increased 0.8%, and pending sales (5,254) increased 0.2%.

Average and Median Sale Prices

Comparing all of 2017 to 2016, the average sale price rose 9.2% from $263,700 to $287,900. In the same comparison, the median sale price rose 9.7% from $237,000 to $260,000.


Have An Awesome Week!


AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Add Comment

Latest Market Activity for November 2017

Monday, December 18, 2017
by Galand Haas

Good Monday Morning!

The month of November saw another strong showing for home sales in the Eugene and Springfield area.  The inventory of homes for sale remained very low with just two months of inventory.  Remember, 6 months of inventory is considered a very healthy market situation.  Here are the November 2017 home sales statistics for Lane County from RMLS.

November Residential Highlights

Lane County saw gains this November compared to November 2016, despite some cooling from last month. New listings, at 345, ended 25.0% ahead of November 2016 (276) and were the best November for new listings in the county since 2009, when 355 were recorded.


Pending sales, at 366, outpaced November 2016 (327) by 11.9% despite a 23.3% decrease from October 2017 (477). Similarly, closed sales (394) saw a 4.8% increase over November 2016 (376) but a 7.9% decrease compared to last month in October 2017 (428).

Inventory in Lane County held steady in November at 2.0 months, with total market time increasing slightly to 45 days.

Year to Date Summary

Comparing the first eleven months in 2017 to the same period in 2016, new listings (6,142) have increased 3.4% and closed sales (4,808) have increased 0.8%, while pending sales (4,968) have decreased 0.9%.

Average and Median Sale Prices

Comparing 2017 to 2016 through November of each year, the average sale price rose 9.4% from $263,500 to $288,300. In the same comparison, the median sale price rose 9.9% from $236,500 to $260,000. 


Have An Awesome Week!

THIS WEEK'S HOT HOME LISTING!

Image Unavailable
Price: $379,000 Beds: 3 Baths: 1 ½ Baths: 1 Sq Ft: 1890
Rustic Tuscan country-style charm! Terra Cotta tile, wood flr, rustic dr & window wood trim, steel beams, large windows. Remodeled kitchen w/ ship lap feature wall, galvanized metal backsplash, butchers block countertop & eating bar. Kitchen opens t...View this property >>


AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Add Comment

Latest Market Activity for October 2017

Monday, November 20, 2017
by Galand Haas

Good Monday Morning!

October home sales in the Eugene and Springfield are were down seasonally, but remain strong and above October 2016 home sales.  Here are the October 2017 statistics.

October Residential Highlights

Lane County saw some mixed activity in October, but numbers are up across the board compared to October 2016. Pending sales (477) showed a 14.4% increase over October 2016 (417) and a 3.7% increase compared to last month in September 2017 (460). It was the strongest October for pending sales in Lane County since at least 2001!

New listings, at 446, increased 23.5% compared to October 2016 (361) but fell 14.9% short of the 524 new listings entered just last month in September 2017.

Closed sales fared similarly—at 428 in October, closings increased 6.5% from October 2016 but decreased 7.6% from last month in September 2017.

Year to Date Summary

Comparing the first ten months in 2017 to the same period in 2016, new listings (5,782) have increased 2.3%, closed sales (4,368) have remained steady, and pending sales (4,629) have decreased 1.9%.

Average and Median Sale Prices

Comparing 2017 to 2016 through October of each year, the average sale price rose 9.5% from $263,200 to $288,200. In the same comparison, the median sale price rose 10.6% from $235,000 to $260,000. 


HAVE AN AWESOME WEEK!

Image Unavailable
Price: $595,000 Beds: 3 Baths: 2 Sq Ft: 2000
Horse property only 5 mins from town! Nearly 6 level acres, backs up to canal & great for trail riding along Amazon. Wonderfully updated home with 2-car garage. 1 bedroom guest house w/ carport has income producing potential. 2 barns w/ 11 stalls, i...View this property >>


AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Add Comment

Latest Market Activity for September 2017

Monday, October 16, 2017
by Galand Haas

Good Monday Morning!

September home sales in the Eugene and Springfield market area cooled slightly, but the overall home sale market remains good.  The inventory of homes for sales remains low at just 2.1 months of inventory.  Even with the onset of Fall, the Real Estate market remains favorable for sellers and maybe slightly improved for homebuyers.  Here are the statistics for September 2017.

Lane County saw some cooler numbers this September, but new listings did gain compared to last year. At 524, new listings rose 7.4% compared to September 2016 (488) despite cooling 22.9% compared to last month in August 2017 (680).

Pending sales, at 460, decreased 2.1% compared with the accepted o ers recorded last year in September 2016 (470) and 12.4% compared with accepted offers recorded last month in August 2017 (525).

Closed sales, at 463 in September, ended 5.1% below the 488 closings in September 2016 and 10.8% below the 519 closings last month in August 2017.

Inventory rose slightly to 2.2 months in September, and total market time rose to 50 days in the same period.

Year to Date Summary

Comparing the first nine months in 2017 to the same period in 2016, new listings (5,321) have increased 1.0%, closed sales (3,917) have remained steady, and pending sales (4,179) have decreased 3.5%.

Average and Median Sale Prices

Comparing 2017 to 2016 through September of each year, the average sale price rose 10.3% from $261,300 to $288,300. In the same comparison, the median sale price rose 10.6% from $235,000 to $260,000. 

Have An Awesome Week!

THIS WEEK'S HOT HOME LISTING!

Image Unavailable
927 S. 58th Street
Price: $325,000 Beds: 3 Baths: 2 Sq Ft: 1522
Beautiful brand new home from builder Gary Konold. One level home features CORETec floors, granite counters, vaulted/high ceilings, gas fireplace & Great Room. Dining area w/ slider, kitchen w/ SS appliances, recessed lighting & peninsula with eatin...View this property >>

 


AND HERE'S YOUR MONDAY MORNING COFFEE!! 

Add Comment

Latest Market Activity for May 2017

Friday, June 23, 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!! 

Add Comment

Displaying blog entries 1-7 of 7

Syndication

Categories

Archives

Contact Information

Photo of Haas Real Estate Team Real Estate
Haas Real Estate Team
Keller Williams Realty Eugene and Springfield
2645 Suzanne Way Suite 2A
Eugene OR 97408
Direct: (541) 349-2620
Fax: 541-687-6411
Send an Email

Share This Page

Find Your Next Home

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

Show me Homes!