2020-07-09
Lane County Market Action June 2020

New listings (512) decreased 17.8% from the 623 listed in June 2019, and increased 5.6% from the 485 listed in May 2020. Pending sales (554) increased 2.6% from the 540 offers accepted in June 2019, and increased 19.1% from the 465 offers accepted in May 2020. Closed sales (399) decreased 15.3% from the 471 closings in June 2019, and increased 28.3% from the 311 closings in May 2020.

Inventory decreased to 1.3 months in June. Total market time decreased to 37 days.

Year-to-Date Summary Comparing the first six months of 2020 to the same period in 2019, new listings (2,820) decreased 8.4%, pending sales (2,380) decreased 7.0%, and closed sales (1,949) decreased 13.4%. Average and Median Sale Prices Comparing 2020 to 2019 through June, the average sale price has increased 8.7% from $316,200 to $343,700. In the same comparison, the median sale price has increased 10.7% from $289,000 to $320,000.

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