Good Monday Morning!

The numbers are in for August home sales in the Eugene and Springfield area.

Real estate in Lane County posted healthy numbers in August. Closed sales remained strong at 408, an increase of 13.3% over the 360 in July and 14.9% over the 355 from August 2012. It was the best August for closed sales since 2007, when there were 446. New listings (591) were nearly equal with the 592 in July and showed an increase of 32.5% over last August. Pending sales (369) dropped 18.0% this month compared to July’s 450, but bested August 2012 by one sale, or 0.3%.

Average total market time increased this month to 83 days, and inventory decreased slightly to 4.3 months.

Year-to-Date Summary

The 4,322 new listings represent a 16.5% increase over the 3,711 entered in the first eight months of 2012.

There have been 2,827 pending and 2,579 closed sales through August 2013, up 17.5% and 19.5%, respec- tively, from 2,406 pendings and 2,159 closed sales by August 2012.

Average and Median Sale Prices

The average price through August is $227,300, up 14.3% from this time in 2012, when the average was $198,800. In the same comparison, the median price increased 15.4% from $175,000 last year to $202,000 this year. 

Have An Awesome Week!

THIS WEEKS HOT HOME LISTING!

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2750 Grand Cayman Dr
Price: $440,000 Beds: 3 Baths: 2 ½ Baths: 1 Sq Ft: 3068
Gorgeous Home with Lots of Options! High ceilings, recessed lighting, lots of storage throughout, bonus room, office, library, formal dining room, plus well-sized laundry/mud room. Great room with living room, fireplace, built-ins, kitchen with larg...



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Galand

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