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
In November, 2011, the number of closed sales in North Gilham reached at least an seven-year low, tying 2004 for the worst in the eleven years shown. But in December, it nearly reached the high for the boom.
But inventory remains unusually high. Despite that, average price was up in December.
Here for the
NORTH GILHAM
RMLS Market Area, HERE ARE:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of DECEMBER
2O01 - 2011:
And a decade of Average Prices for Closed Sales
for the
Months of DECEMBER
2O01 - 2011:
The average November price in North Gilham bumped up this year. But that is likely a just an example of a much smaller number of sales being impacted by one or two unusually high sales.
***********************
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
Jim. looks to me that your area was hit pretty hard, and still has a way to go to catch up.
One of the things I do to remind myself of how bad it really is, is to think not of numbers, but of people. So, millions of people no longer have their home, millions of people have no job. Makes me mad and humble.
HRG -
You are right. About my local numbers....and about being humble ....and about being mad ....and about people being the significance of the numbers.