THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN
NORTHERN LANE COUNTY'S JUNCTION CITY SCHOOL DISTRICT
IS TO COMPARE
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
So for the
JUNCTION CITY
RMLS Market Area, HERE ARE:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of OCTOBER
2001 - 2011:
PLEASE NOTE:
The very high average price for 2007 shown below coincides with the very low number of October closed sales shown above. While it might be that October 2007 was the highpoint for the BoomBust, it is unfairly influenced by just a few very expensive sales taking place in the month.
The number of sales continues to be roughly two-thirds that experienced in the five years leading up to the bust. But the 2011 drop in October inventory and the corresponding bump upwards in average price are encouraging.
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
