Which homes are selling best in Lane County, Oregon's
BETHEL-DANEBO RMLS Market Area?
The table below compares actual closed sales of single family, detached homes in the months of
June, July, and August, 2009
to the inventory available in the Bethel-Danebo market area as of
September 5, 2009.
Square-Footage Range |
Active Listings September 5, 2009 |
Closed Sales June, 2009 |
Closed Sales July, 2009 |
Closed Sales August, 2009 |
Three-Month Absorption Rate |
Available Inventory (in months) |
||
| All |
115 |
23 |
30 |
20 |
73/3 = 24.3 |
4.7 |
But the aggregate Available Inventory for all of Bethel - Danebo
Here is the breakdown by square footage range:
Square-Footage Range |
Active Listings September 5, 2009 |
Closed Sales June, 2009 |
Closed Sales July, 2009 |
Closed Sales August, 2009 |
Three-Month Absorption Rate |
Available Inventory (in months) |
||
| 3000-over | 1 |
|
|
|
0/3 = .00 |
∞ | ||
| 2800-2999 |
2 |
0/3 = .00 |
∞ | |||||
| 2600-2799 |
2 |
0/3 = .00 |
∞ | |||||
| 2400-2599 |
3 |
0/3 = .00 | ∞ | |||||
| 2200-2399 |
4 |
1 |
1 |
2/3 = .67 |
6.0 |
|||
| 2000-2199 |
7 |
2 |
1 |
3/3 = 1 |
7.0 | |||
| 1800-1999 |
3 |
1 |
1 |
3 |
5/3 = 1.67 | 1.8 |
||
| 1600-1799 |
18 |
2 |
3 |
2 |
7/3 =2.34 |
7.7 | ||
| 1400-1599 |
17 |
7 |
6 | 2 |
15/3 = 5 |
3.4 | ||
| 1200-1299 |
26 |
5 |
8 |
2 |
15/3 = 5 |
5.2 |
||
| 1000-1199 |
21 |
5 |
6 |
5 |
16/3 = 5.33 |
3.9 | ||
| 0 - 999 |
11 |
2 |
3 |
5 |
10/3 = 3.34 |
3.3 |
Homes from 1800 to 1999 square feet are HOT!
Homes below 1600 square feet are selling well -- approaching a buyer's market.
Homes over 2400 square feet are NOT --
- as in not selling.
None in this range sold in the last three months.
Homes over 2200 square feet have an
aggregate available inventory of
20 months.
The $8000 federal tax credit is driving the sizes at or below
the (1400-1599 square-foot) median home size.
Nothing comparable is driving the sale of large homes.
***********************
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
All statistical market data is based on information from the RMLS of Oregon for the dates indicated.
© 2012 All Rights Reserved / Licensed in the State of OREGON
