Lane County Housing Market August 2015
August brought slightly cooler Real Estate activity to Lane County, but numbers remain strong for the year overall. Pending Sales, Closed Sales & New Listings all fell short of last month (July 2015). However, Pending Sales (511) rose 20.8% ahead of the 423 accepted offers in August 2014. Closed Sales (451), similarly bested last August's 360 closings by 25.3%. New listings (615) were 7.0% ahead of the 575 new listings posted in August 2014.
Total market time decreased by one day in August (79) and inventory increased to 3.2 months.
Comparing 2015 to 2014 through August of each year, the average sale price rose 3.3% ($236,300 to $244,100) and the median sale price rose 4.0% from $211,500 to $220,000.
Feel free to contact me with any questions you might have about the current market. I'd love to discuss it with you.
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