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

What's really happening with the inventory of single family homes for sale in Eugene, Oregon's

RIVER ROAD

  RMLS market area?

 

Just how big a factor are distressed properties?

   How much of the available inventory

 is made up of Bank-Owned (i.e. foreclosed) homes for sale?

   
Here is the hard data for active listings from the Regional Multiple Listing Service:

 

 

What's really happening with the inventory of single family homes for sale in Eugene, Oregon's

SANTA CLARA

  RMLS market area?

 

Just how big a factor are distressed properties?

  How much of the available inventory

 is made up of Bank-Owned (i.e. foreclosed) homes for sale?

  
Here is the hard data for active listings from the Regional Multiple Listing Service:

 

 

  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.

 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, OR

   IS TO COMPARE

  THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 

 This November, River Road inventory was happily down dramatically - to 2001 levels. 

But sales were disappointing even as average price ticked up for the first December since the bust.

 

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 DECEMBER

 2001 - 2011:

 

 

 And a decade of Average Prices for Closed Sales
for the

  Months of DECEMBER

   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

 

 This November, River Road inventory was happily down while sales at a decade low. Unfortunately, average price was down again.

 

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 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

RIVER ROAD

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

RIVER ROAD

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

RIVER ROAD

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 home sales for

DECEMBER, 2010

in EUGENE, OR's

 

RIVER ROAD

 (RMLS Market Area)

 

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

 

   11 Single Family Homes sold in DECEMBER:

 

Here, for reference, is

 

   7 Single Family Homes sold in NOVEMBER:

 

OCTOBER, 2010

5 Single Family Homes sold in OCTOBER:

 

SEPTEMBER, 2010

9 Single Family Homes sold in SEPTEMBER:

 

AUGUST, 2010

7 Single Family Homes sold in AUGUST:

 

JULY, 2010

10 Single Family Homes sold in JULY:

 

June, 2010

15 Single Family Homes sold in June:

May, 2010

  10 Single Family Homes sold in May:

April, 2010

13 Single Family Homes sold in April:

March, 2010

7 Single Family Homes sold in MARCH:

 

February, 2010

7 Single Family Homes sold in February: 

 

January, 2010

7 Single Family Homes sold in January: