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

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Active Listings - Homes for Sale - Closed Sales - Months of Inventory - Average Sale Prices for RMLS market areas in Eugene - Springfield - Lane County. OR - August, 2009

 

The Portland Regional Multiple Listing Service has posted the
MARKET ACTION
 report for Lane County, OR
for AUGUST, 2009.


The summary of that RMLS report says the

 MONTHS OF AVAILABLE INVENTORY


  moved back up to 7.8 after being at 6.3 months in July.

The MONTHS OF INVENTORY ratio is computed by dividing the number of active listings at the end of the reported month by the number of closed sales during that calendar month.
For areas with no closed sales during the month, the ratio is shown as infinity.




Unmentioned in the RMLS  MARKET ACTION summary is the fact the report's aggregate numbers do not include the coastal portion of Lane County (including Florence, Dunes City, Mapleton).  The current inventory is much higher in Coastal Lane County due to a sharp decline in the number of retires coming from out-of-state.

As usual, that published county-wide number tells little about what's happening with homes for sale in any specific neighborhoods of Eugene, Springfield and Lane County, OR that might interest you.

As usual, the MONTHS OF INVENTORY is much less in Eugene-Springfield than in more outlying areas.



Here is the MONTHS OF REMAINING INVENTORY and other important numbers for each RMLS market area within Lane county:

 


RMLS #
Market Area
Active Listings
Closed Sales		  Months of     Inventory  
Average Sales Price






241
 North Gilham
 72
 11
 6.5
 $299,700
242
 Ferry St. Bridge
 135
 31
 4.4
 $248,400
248
 Santa Clara
 121
 17
 7.1
 $235,400
247
 River Road
 37
 10
 3.7
 $194,000
246
 Bethel Danebo
 145
 24
 6.0
 $161,000
243
 East Eugene
 147
 24
 6.1
 $284,600
244
 SW Eugene
 208
 32
 6.5
 $290,700
245
 West Eugene
 46
 10
 4.6
 $176,800

Eugene Totals:
 911
 159 5.3
 $243,419

Last Month:
 930
 187 5.0
 $274,375






232
 Hayden Bridge
 52
 11
 4.7
 $206,100
249
 (SW) Springfield
 143
 25
 5.7
 $170,600
239
 Thurston
 136
 15
 9.1
 $177,400

Springfield Totals:
 331
 51
 6.1
 $180,257

Last Month:
 330
 55
 6.0
 $175,071







METRO
TOTALS:
 1242
 210
 5.9 Months
 $228,080

Last Month:
 1260
 242
 5.2
 $252,029

Best area in
metro:
 River
Road
Worst area in metro:
 Santa Clara






241
 Coburg-Harrisburg
 37
 5
 7.4
 $170,100
250
 Mohawk Valley
 30
 2
 15.0
 $154,000
233
 McKenzie Valley
 109
 3
 36.3
 $201,700
234
 Pleasant Hill - Oakridge
 136
 7
 19.4
 $146,700
235
 Creswell -
Cottage Grove
 249
 17
 14.6
 $239,000
236
 West Lane
 125
 14
 8.9
 $291,700
237
 Junction City
 137
 8
 17.1
 $232,100







SUBURBAN
TOTALS:
 823
 56
 14.7 Months
 $228,466

Last Month:
 814
 90
 9.0
 $204,773

Best
outlying area:
 Coburg-
Harrisburg
Worst outlying area:
 McKenzie Valley






225
 Flor Coast Village
 22
 1
 22.0
 $67,000
226
 Flor Green Trees
 38
 2
 19.0 $151,500
227
 Flor Florentine
 20
 6
 3.3 $194,300
228
 Florence Town
 177
 8
 22.1
 $308,500
229
 Florence Beach
 55
 4
 13.8
 $262,900
230
 Florence North
 55
 1
 55.0
 $330,000
231
 Florence South
 - Dunes City
 69
 3
 23.0
 $45,200
238
 Forence East
- Mapleton
 31
 2
 15.5 $211,800







COASTAL
 TOTALS:
 467
 27
 17.3 Months
 $220,200

Last Month:
 455
 13
 35.0
 $189,900

Best
coastal area:
 Florence Florentine

Worst coastal area:

Florence North



Miscellaneeous Exceptions to the Rule:

Eugene active listings were down overall but up in East Eugene, River Road and Bethel-Danebo.
Eugene months of inventory was up overall but down in Ferry Street Bridge, SW Eugene, and West Eugene.

Springfield active listings were up just one overall but down in Hayden Bridge.

Suburban active listings were up overall but down in Coburg-Harrisburg, Creswell - Cottage Grove and Mohawk Valley.
Suburban months of inventory was up substantially overall but down in the Mohawk Valley.

 ***********************

 

Jim Hale

Principal Broker / Owner

Graduate, REALTOR Institute             e-PRO

2012 Member, Million Dollar Club of Lane County

2012 Member, Real Estate Brokers Million Dollar Club


actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962

Office:  541-484-0219
Direct:  541-543-9991
Fax:      541-485-8068

Eugene Oregon Homes / Real Estate               jim@actionagents.net

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All statistical market data is based on information from the RMLS of Oregon for the dates indicated.
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8 comments • Jim Hale - On the MOVE for You! Eugene - Springfield Oregon Real Estate • September 18 2009 01:20AM