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
SANTA CLARA
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.
***********************
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
If you take away the years 2005-2007 in your graph, years where those liar’s loans and ARMs, among other things, were creating false value, the graph doesn’t look all that bad. Makes a great case for holding on to real estate over the long term and not trying to play it like the stock market.
Hi Jim, I'm positive that your graphs for 2011 are going to have the sale prices pointing northward again. There seems to be some excitement in many markets these days.
Hi Jim, great stats as always...
I am back after a short trip to Vegas...
Rusel -
I agree fully.
Jenny -
I think you are right.
Josh -
Have a great trip.