2020-09-12
Lane County Market Action August 2020

New listings (585) decreased 8.7% from the 641 listed in August 2019, and increased 3.4% from the 566 listed in July 2020.
Pending sales (564) increased 12.4% from the 502 offers accepted in August 2019, and decreased 2.6% from the 579 offers accepted in July 2020.
Closed sales (487) decreased 6.3% from the 520 closings in August 2019, and decreased 9.8% from the 540 closings in July 2020.

Inventory increased to 1.0 months in August. Total market time decreased to 36 days

Comparing the first eight months of 2020 to the same period in 2019, new listings (4,007) decreased 8.1%, pending sales (3,465) decreased 2.6%, and closed sales (3,016) decreased 8.5%.
Comparing 2020 to 2019 through August, the average sale price has increased 9.4% from $324,500 to $355,100. In the same comparison, the median sale price has increased 11.2% from $295,000 to $328,000.

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