The Numbers are in: September 2013
Good Monday Morning!
September brought seasonal cooling to real estate activity in Lane County, but all measures were up over the comparable month in 2012. Pending sales, at 311, decreased 15.7% compared to August, but are 20.5% higher than September 2012. It was also the strongest September for pending sales since 2009, when there were 357. Closed sales (354) bested last September (303) by 16.8% but cooled from the 408 posted the previous month. Similarly, the 391 new listings decreased 33.8% from August’s 591, but showed a 15.0% increase over the 340 new listings from September 2012.
Inventory increased slightly in September to 4.7 months. We still reamin in a sellers market.
Year-to-Date Summary
The 4,721 new listings represent a 16.0% increase over the 4,069 entered
in the first nine months of 2012. There have been 3,121 pending and 2,951 closed sales through September 2013, up 17.4% and 19.1%, respectively, from 2,658 pendings and 2,477 closed sales by September 2012.
Average and Median Sale Prices
The average price through September is $228,000, up 13.7% from this time in 2012, when the average was $200,600. In the same comparison, the median price increased 15.0% from $176,500 last year to $203,000 this year.
Have An Awesome Week!
THIS WEEKS HOT HOME LISTING!
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4056 Camellia St
Unexpected and Delightful Attributes! Features oak, birch and bamboo wood floors, tile floors in kitchen, bonus room, workbench in garage, tool shed plus an outbuilding. Living room with fireplace & window seat, opens to dining area w/ access to bac...
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AND HERE'S YOUR MONDAY MORNING COFFEE!!
Sincerely,
Galand
