2020-08-12
Lane County Housing Market July 2020

New listings (566) decreased 7.5% from the 612 listed in July 2019, and increased 10.5% from the 512 listed in June 2020. Pending sales (579) increased 4.5% from the 554 offers accepted in July 2019, and increased 4.5% from the 554 offers accepted in June 2020. Closed sales (540) increased 9.8% from the 492 closings in July 2019, and increased 35.3% from the 399 closings in June 2020.

Inventory decreased to 0.9 months in July. Total market time increased to 46 days.

Comparing the first seven months of 2020 to the same period in 2019, new listings (3,411) decreased 7.9%, pending sales (2,934) decreased 5.0%, and closed sales (2,513) decreased 8.8%.

Comparing 2020 to 2019 through July, the average sale price has increased 9.0% from $320,900 to $349,700. In the same comparison, the median sale price has increased 12.1% from $290,000 to $325,000.

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