Good Monday Morning!

The Real Estate market in the Eugene and Springfield area just cannot get any better for home sellers.  In my over 30 years of selling Real Estate in this area, I have never witnessed a sellers market like the one we have right now.  Buyer demand for houses is extremely strong, mortgage interest rates are at historic low levels and the prices homes are selling at are at record highs.  If you want to sell your home, you cannot afford to miss this market. The following are the numbers for homes sales in the Eugene/Springfield area for June 2020.

New listings (512) decreased 17.8% from the 623 listed in June 2019, and increased 5.6% from the 485 listed in May 2020.

Pending sales (554) increased 2.6% from the 540 offers accepted in June 2019, and increased 19.1% from the 465 offers accepted in May 2020.

Closed sales (399) decreased 15.3% from the 471 closings in June 2019, and increased 28.3% from the 311 closings in May 2020.

Inventory and Market Time

Inventory decreased to 1.3 months in June. Total market time decreased to 37 days.

Year-to-Date Summary

Comparing the first six months of 2020 to the same period in 2019, new listings (2,820) decreased 8.4%, pending sales (2,380) decreased 7.0%, and closed sales (1,949) decreased 13.4%.

Average and Median Sale Prices

Comparing 2020 to 2019 through June, the average sale price has increased 8.7% from $316,200 to $343,700. In the same comparison, the median sale price has increased 10.7% from $289,000 to $320,000.

If you are trying to figure out if selling your home is a wise move, contact me.  I can give you information that will help you make your decision.  I can also give you detailed information on your homes current market value.  It's all free and there is abolutely no obligation involved.  You need to check it out.  Call me at 541-349-2620. 

Have An Awesome Week!

Stay Safe, Stay Healthy!!

THIS WEEKS HOT HOME LISTING!

2618 Manor Dr, Springfield, OR 

Price: $315,000    Beds: 3    Baths: 1    Sq Ft: 1266

Absolutely wonderful, extremely well kept home in highly desirable Hayden Bridge neighborhood. 1/4 acre lot with well manicured landscaping, RV parking area, covered back patio and lots of privacy. This home has hardwood floors, newer roof, updated...View this property >> 

AND HERE'S YOUR MONDAY MORNING COFFEE!!