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

 What kind of financing is used for the purchase of single family homes in the

 
Is "all-cash" an important factor?  Are most new loans conventional or FHA? How about federal VA?  Do all other financing mechanisms (owner financing, lease-options, etc.) account for many sales?

Here is how the sales for single family homes in this RMLS market area break out for calendar year 2011 - by type of purchase made:

   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 November, Danebo inventory was down while sales were steady,

but average price was still down again.

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 NOVEMBER

   2001 - 2011:

  

 

 And a decade of Average Prices for Closed Sales
for the

  Months of NOVEMBER

   2001 - 2011:

  

 

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 CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 

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 MAY

2001 - 2011:

 

And a decade of Average Prices for Closed Sales
for the

Months of MAY

001 - 2011:

 

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.

(EDITORIAL NOTE:  YES, I KNOW IT'S NOT YET THE END OF THE MONTH.  THIS IS A PROTOTYPE POST.  THE CHARTS WILL BE UPDATED ON OR ABOUT JUNE 1....JIM)

 

What's really happening to homes for sale in Eugene, Oregon's

Just how big a factor are distressed properties?

How much of the "active" inventory is really made up of those confusing "submitted" Short Sales - those that are truly pending but hiding amidst the officially-reported "active" inventory?  Those that have been submitted to the underlying lender for short-sale approval....and which are, for most purposes, not really available for sale?

Here is the hard data from the Regional Multiple Listing Service:

Here are the Closed Sales numbers for the last many months for the

Here's what's reported as "Active":

Here's what's really active:


Currently, Bethel-Danebo has: 

 

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

 IS TO COMPARE

THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 

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 APRIL

2001 - 2011:

 

And a decade of Average Prices for Closed Sales
for the

Months of APRIL

2001 - 2011:

 

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 CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 

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 MARCH

2001 - 2011:

 

And a decade of Average Prices for Closed Sales
for the

Months of MARCH

2001 - 2011:

 

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 CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 

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 DECEMBER

2001 - 2010:

 

And a decade of Average Prices for Closed Sales
for the

Months of DECEMBER

2001 - 2010:

 

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.

Here is the break down for single family (detached) home sales for

DECEMBER, 2010

 

in EUGENE, OR's

BETHEL - DANEBO

 (RMLS Market Area)

 

(SHOWN BY type of sale:  REGULAR SALE, SHORT SALE, or BANK-OWNED SALE)

 

   19  Single Family Homes sold in DECEMBER:

 

 

Here for reference is:

 

 

NOVEMBER, 2010

    19  Single Family Homes sold in NOVEMBER:

 

OCTOBER, 2010

16  Single Family Homes sold in OCTOBER:

 

SEPTEMBER, 2010

  16 Single Family Homes sold in SEPTEMBER:

 

AUGUST, 2010

17 Single Family Homes sold in AUGUST:

 

JULY, 2010

12 Single Family Homes sold in JULY:

 

June, 2010

20 Single Family Homes sold in June:

 

 

MAY, 2010

31 Single Family Homes sold in May:

April, 2010

31 Single Family Homes sold in April:

March, 2010

23 Single Family Homes sold in March:

 

February, 2010

12 Single Family Homes sold in February:

 

January, 2010

14 Single Family Homes sold in January:

 

 December, 2009

18 Single Family Homes sold in December:

 

November, 2009

27 Single Family Homes sold in November:

 

 

October, 2009

29 Single Family Homes sold in October:

 

September, 2009

33  Single Family Homes sold in September:

 

August, 2009

21  Single Family Homes sold in August:

 

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

 IS TO COMPARE

THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 

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 NOVEMBER

2001 - 2010:

 

And a decade of Average Prices for Closed Sales
for the

Months of NOVEMBER

2001 - 2010:

 

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.

Here is the break down for single family (detached) home sales for

NOVEMBER, 2010

 

in EUGENE, OR's

BETHEL - DANEBO

 (RMLS Market Area)

 

(SHOWN BY type of sale:  REGULAR SALE, SHORT SALE, or BANK-OWNED SALE)

 

   19  Single Family Homes sold in NOVEMBER:

 

 

Here for reference is:

 

OCTOBER, 2010

16  Single Family Homes sold in OCTOBER:

 

SEPTEMBER, 2010

  16 Single Family Homes sold in SEPTEMBER:

 

AUGUST, 2010

17 Single Family Homes sold in AUGUST:

 

JULY, 2010

12 Single Family Homes sold in JULY:

 

June, 2010

20 Single Family Homes sold in June:

 

 

MAY, 2010

31 Single Family Homes sold in May:

April, 2010

31 Single Family Homes sold in April:

March, 2010

23 Single Family Homes sold in March:

 

February, 2010

12 Single Family Homes sold in February:

 

January, 2010

14 Single Family Homes sold in January:

 

 December, 2009

18 Single Family Homes sold in December:

 

November, 2009

27 Single Family Homes sold in November:

 

 

October, 2009

29 Single Family Homes sold in October:

 

September, 2009

33  Single Family Homes sold in September:

 

August, 2009

21  Single Family Homes sold in August: