The Numbers are in: March 2013
Good Monday Morning,
The statistics are in and March of 2013 contiued to see increased sales activity for homes in the Eugene and Springfield area.
Lane County added another good month to its 2013 streak, with all measures of activity rising. There were 470 new listings, a 19.9% increase over the 392 entered in March 2012. The increase in new listings did not have the effect of increasing inventory, however. At 4.6 months at the current rate of sale, inventory in months is at a low level not seen since June 2007.
Closed sales reached 278, a 12.1% increase over last March’s 248 transactions, and a 28.7% increase over 216 in February. The 357 pending sales rose 18.6% over 301 in March 2012 and topped the 336 in the prior month by 6.3%. The average sales price for a home in Mrch of 2013 was $196,400 in comparison to $195,300 for March of 2012.
With homes sales contiuing to rebound and home inventories contiuing to decrease the market has become even more of a sellers market. In many areas homes priced below $200,000 are rare and when listed don't stay on the market long. Again, if you are considering the sale of your home, don't wait. Get your home on the market now. This is clearly the best environment that we have seen in years for sellers. The future for home sales is unclear, but we do know that right now homes are selling.
THIS WEEKS HOT HOME LISTING!
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6557 E Street
Gorgeous Home with lots of options! Wood flrs, granite counters, recessed lighting, lots of storage, plus a sauna! Lower level bonus area could be a master suite with jetted tub and 2 sinks, a great rec room, or perfect for a home-based business wit...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
