The second quarter of the year marked a healthy springtime market for Eugene and Southern Oregon. New listings and
active listings surged, the average for days on market narrowed in most cities and even if closed transactions inched
downward, pending transactions for the second quarter showed signs of seasonal promise.
DAYS ON MARKET
Average days on market in the second quarter of 2019 was 42 days, a 6.7% decrease from year-ago figures. In Sweet
Home, days on market surged 44% to 46 days, while year-over-year averages fell in Albany, Lebanon and Roseburg.
CLOSED TRANSACTIONS AND PENDING SALES
The number of closed units dropped 6% this quarter from 2018. Pending sales fared better this quarter, jumping 18.4%
from the same time period in 2018. Closed transactions fell year-over-year in Albany, Roseburg Sweet Home and Leb-
anon, with the latter city experiencing a 21% dip in closed sales from year-ago figures. Pending sales fared better this
quarter, jumping 18.4% from the same time period in 2018.
AVERAGE SALES PRICE
Average sales price posted a moderate first quarter, up 2.6% year-over-year in the region to $300,783. Prices for homes in
Corvallis were up 10% this quarter, landing at $408,960, the highest average price in the region.
As with most markets this quarter, Eugene and Southern Oregon saw a boost in both new and active listings. New listings soared year-over-year by 63.5% to end the quarter at 1,442.
It’s simple math… the more people who see your listing, the greater the chances for a fair and timely sale of your property.
At Berkshire Hathaway HomeServices we have one of the industry’s most comprehensive strategies for ensuring maximum exposure of a property to buyers searching in your area.
We also keep our sellers informed about current market trends by providing them with an overview of the competitive selling landscape. This helps you, the seller, make strategic pricing decisions to quickly sell your home at an agreeable price.
Here is what you get with our Seller Advantage:
Listing Presentation Report
Our Seller Advantage program gives you the information and decision-making tools throughout the home sale process. Here’s how… Our Listing Presentation Report will show you exactly how many potential buyers are searching a specific neighborhood for homes similar to yours.
Listing Activity Report
Then, once you’ve listed with me, a Berkshire Hathaway HomeServices network agent, you will get our Listing Activity Report. This details how many times your home has appeared in potential buyers’ search results and how many times your listing has been viewed.
Market Activity Report
Last, but not least, we offer a market activity report. Perhaps your not ready to sell, but would like a sense of buyer interest in your neighborhood and in homes like yours. The Market Activity Report will show you just how many people are searching in your neighborhood for a home like yours. You’ll gain specific market updates including new listings, price changes and status changes.
Such comprehensive information, combined with the global reach that only Berkshire Hathaway HomeServices can offer, will give you unmatched advantages when you list and sell your home.
Contact me to set up your free home evaluation now. Let me help you get the most money for your investment!
A home is one of the most important assets that a person
will ever buy. For most, it’s their largest investment. No two people have the
same lifestyle needs or financial situation. That’s why we’ve created a comprehensive
workbook to help you determine your lifestyle needs and goals, review your
lifestyle options and develop a lifestyle plan. Think of this as the first step
on your homeownership journey.
From Fixer Upper to Fabulous! We’ve all seen the shows on HGTV. It’s trending nationwide and there’s a reason for it. Home buyers get the customized home they want for less and typically have thousands of dollars in built-in equity by the time the deal closes.
In Lane County, 80% of the homes on the market are 15 years or older. With a lack of housing, and a lack of affordable housing in general, renovation loans are a perfect option for buyers who want more bang for their buck.
“Putting families in, with an equity base, is a great place to start for them.”
Did you know there are loans out there that allow home buyers to couple the purchase of their fixer upper with a renovation budget to customize it into their dream home? Well, there are!!! These programs have been around for a long time, they’ve just been under utilized.
What if you could take a house from this…
The first step is to find a real estate broker, like myself, who can help you find a great deal on a home that needs some work, or even A LOT of work. With the current loans available, no job is too BIG, so long as the house appraises. Depending on the scope of the project you could walk away with anywhere from $10k to $100k in built-in equity by the time it’s completed.
Unfortunately, in this market, getting into a starter home can cost you $250k, but what if you found a fixer upper for $150k and put $100k in renovations into it to create your dream home? It’s possible. I have a network of lenders and potential contractors that can turn a fixer upper into your dream house before you ever move in.
And, you have to admit… the before and afters are amazing!
If this is something you’re interested in learning more about give me a ring or drop me an email and we can chat about your options and getting you into your dream home.
I’m a graduate of the University of Oregon School of Journalism with an extensive background in Digital Marketing and Strategy. The Willamette Valley has always been my home. The daughter of a military officer, I’ve traveled the world most of my life, but spent my summers on my family’s ranch in rural Lane County. Whether you’re buying or selling, my unique knowledge and passion for real estate will help you find exactly what you’re looking for.