Life & Real Estate in Eugene, Springfield & Lane County, Oregon

  THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN SPRINGFIELD, OR

     IS TO COMPARE

     THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

This JANUARY, the THURSTON inventory went down considerably for a second straight year -

to a match the level immediately prior to the boom/bust.

The great news:  the number of sales shot up to a similar pre-boom level.

But bad news is the average price still declined...indicating the upper price ranges are still not selling.

 For the

    THURSTON

     RMLS Market Area, HERE ARE:

  A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

     Months of JANUARY

     2002 - 2012:

 And a decade of Average Prices for Closed Sales
for the

    Months of JANUARY

     2002 - 2012:

These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices.  A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.

    THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN

     NORTHERN LANE COUNTY'S JUNCTION CITY SCHOOL DISTRICT

          IS TO COMPARE

          THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

In DECEMBER,  inventory in the JUNCTION CITY area headed down

 (following recent months) from a decade high alst year.

  The BEST NEWS:  the number of closed sales was at a six-year high.

 Now if we can just get price to head up again next month, we might be feeling good.

      Here, for the

       JUNCTION CITY

          RMLS Market Area, are:

   A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

 Months of JANUARY

 2002 - 2012:

 And a decade of Average Prices for Closed Sales
for the

Months of JANUARY

2002 - 2012:

 These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices.  A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.

 THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR

  IS TO COMPARE THE REAL ESTATE NUMBERS FOR

 THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 For the last four years, JANUARY has found West Eugene with sales MUCH lower than during the boom.  But this year inventory jumped down drastically.

 That should have made average price hold steady.  Instead it dropped again.

 Here for the

 WEST EUGENE

 RMLS Market Area, are:

 A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

 Months of JANUARY

 2002 - 2012:

  PLEASE NOTE:  The 30 closed sales in 2007 look like a data error.  It isn't.  But 14 were sales of condo's sold in the converted Lincoln School building.

And a decade of Average Prices for Closed Sales
for Homes in Eugene, Oregon for the

 Months of JANUARY

 2002 - 2012:

These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices.  A history of the variation in the statistical median for homes sold would make for a better comparison but is unavailable from RMLS.

THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR

    THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OREGON

     IS TO COMPARE

     THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

This JANUARY, East Eugene inventory dipped downward for the second year in a row.  

That followed November and December's trend.

   But closed sales were only holding roughly stable after being up in December

for the third year in a row.

  December average price has been up and down but essentially stable for five years.

East Eugene benefits from having very low distressed property sales due to relatively little development during the boom/bust.

Now for the

     EAST EUGENE

     RMLS Market Area, HERE ARE:

      A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

   Months of JANUARY

     2002 - 2012:

And a decade of Average Prices for Closed Sales
for the

   Months of JANUARY

     2002 - 2012:

These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices.  A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.

  THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR

   IS TO COMPARE THE REAL ESTATE NUMBERS FOR

  THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 This January, River Road inventory was happily down dramatically - to near pre-boom/bust levels. 

And closed sales did nearly the same.

Average price continues to bounce up and down, year-on-year.

So for the

  RIVER ROAD

  RMLS Market Area, HERE ARE:

A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

   Months of JANUARY

 2002 - 2012:

 And a decade of Average Prices for Closed Sales
for the

  Months of JANUARY

   2002 - 2012:

These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices.  A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.

  THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR

    IS TO COMPARE THE REAL ESTATE NUMBERS

   THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

In November, 2011, the number of closed sales in Santa Clara reached at least an eleven-year low. The December number was not that dramatically low....but was among the worst of the decade.  Now JANUARY looks about the same.

The inventory level is also at a FIVE-year, post-bust low.

In JANUARY, average price was down slighly year-on-year.  Average price was also down seasonally in December, but was up November.

Here for the

    SANTA CLARA

    RMLS Market Area are:

   A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

    Months of JANUARY

 2002 - 2012:

And a decade of Average Prices for Closed Sales
for the

     Months of JANUARY

   2002 - 2012:

These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices.  A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS for invivdual market areas.

  THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OR

    IS TO COMPARE THE REAL ESTATE NUMBERS FOR

  THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

In January, the number of  closed sales in North Gilham reached at decade-long high.  What  a way to start our new year!

 Inventory sits at a four-year low - still painfully high compared to the years of the boom, but improving.

Despite those positives, average price was down in January.  But it was up in December.  Perhaps the February number will be better.

For the

    NORTH GILHAM

    RMLS Market Area, HERE ARE:

A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

  Months of JANUARY

    2002 - 2012:

 And a decade of Average Prices for Closed Sales
for the

    Months of JANUARY

   2002 - 2012:

   THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN EUGENE, OREGON

     IS TO COMPARE

    THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

This JANUARY, Danebo inventory was down to a SIX-year low

 while sales were steady year-on-year.

 Average price was down from a year ago, but the three-year trend suggests prices are steady.

 "Distressed properties" (short sales and forclosures) continue to distress Danebo prices.

So for the

    BETHEL - DANEBO

    RMLS Market Area, HERE ARE:

  A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

   Months of JANUARY

    2001 - 2012:

 And a decade of Average Prices for Closed Sales
for the

   Months of JANUARY

    2001 - 2012:

These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area.   The mix of homes sold varies over time.  The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices.  A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.