THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN SPRINGFIELD, OR
IS TO COMPARE
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
So for the
THURSTON
RMLS Market Area, HERE ARE:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of OCTOBER
2001 - 2011:

Great News: Listing inventory and number of closed sales during the month for Thurston now stand where thery were ten years ago - in advance of the BOOM-THEN-BUST. Getting supply back into closer balance with demand is a prerequisite for arresting price decline.
And a decade of Average Prices for Closed Sales
for the
Months of OCTOBER
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.
***********************
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

Hi, Jim. Just stopped by to say that I hope you had a happy Thanksgiving!
Prices seem to be taking an upward click since last year and hopefully that means sales are also starting to pick up. Glad to see you back in the rain, have missed you the last couple months as I'm sure so have your other readers.
Looks like your inventory is creeping downward ever so slightly!
Thanks, Gang.
Yes, the inventory is slowly declining. This RMLS area has sales and inventory about where they were ten years ago.
Hey, things are not quite as good as '08 but much better than '090 and '10. I loe the charts, Jim.