Eugene / Southern Oregon: Q2 – 2020 Market Report

Eugene / Springfield 2020

367,436

Average Sold Price

29

Average Days on Market

587

Closed Units

Eugene/ Springfield 2019

$338,823

Average Sale Price

31

Average Days on Market

811

Closed Units

DAYS ON MARKET

Average days on market increased 5% in the same time period last year. Despite the modest uptick in time on market, Eugene picked up pace as days on market fell by 6%.

CLOSED UNITS

Closed transactions in Q2 2020 saw an overall dip
of 17% from last year’s second quarter figures. Most cities in the region experienced a drop in closed units, however, Lebanon realized a 1% rise from year-ago figures.

AVERAGE SALES PRICE

Comparing 2020 to 2019, average sales price increased 7%. Average prices were virtually up across the board in Eugene and Southern Oregon, rising the most from year-ago figures in Sweet Home (38%).

NEW LISTINGS AND PENDING SALES

Throughout Eugene and Southern Oregon, new listings slid 27% as active listings declined 19% and pending sales realized an 8% decrease from year-ago figures.

Click below for the full Pacific Northwest Report including the rest of Oregon, SW Washington and Puget Sound.