The Numbers are in: July 2013
Good Monday Morning,
Here are the statistics for the Eugene and Springfield Real Estate market for the month of July 2013.
Real estate activity cooled slightly this month compared to June, but was up across all categories compared to July 2012. Pending sales (450) increased 27.5% over the 353 in June, and 23.3% over the 365 from July 2012.
New listings (592) dropped 1.7% from the 602 listings posted in June, but represent a 14.5% increase compared to last July. Similarly, closed sales dropped to 360 in July, a 4.0% drop over the 375 in June but a 14.6% increase over last July’s 314 sales.
Average total market time decreased this month to 76 days, and inventory increased slightly to 4.7 months.
Year-to-Date Summary
The 3,725 new listings represent a 14.5% increase over the 3,252 entered in the first seven months of 2012. There have been 2,485 pending and 2,150 closed sales through July 2013, up 19.8% and 20.1%, respectively, from 2,074 pendings and 1,790 closed sales by July 2012.
Average and Median Sale Prices
The average price through July is $226,800, up 15.2% from this time in 2012, when the average was $196,800. In the same comparison, the median price increased 15.7% from $172,800 last year to $199,900 this year.
THIS WEEKS HOT HOME LISTING!
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89025 Sky High Dr
Beautiful Sanctuary with Pristine Views! In a gated community offering privacy and seclusion, this 30 acre property is one of a kind! Open floor plan, walls of windows, granite counters, tile floors, high ceilings, gourmet kitchen, office and bonus/...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
