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Market Report: Absorption Rates for Corvallis, OR March 2015

Corvallis
Price Range Active Listings as of 4/6/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 * 4 0.67 * 150
$150,000 – $199,999 5 27 4.50 1.11 91
$200,000 – $249,999 12 81 13.50 0.89 91
$250,000 – $299,999 10 43 7.17 1.40 78
$300,000 – $349,999 11 52 8.67 1.27 102
$350,000 – $399,999 14 25 4.17 3.36 124
$400,000 – $449,999 14 16 2.67 5.25 141
$450,000 – $499,999 7 9 1.50 4.67 158
$500,000 – $599,999 9 5 0.83 10.80 277
$600,000 – $699,999 * 5 0.83 * 193
$700,000 + 3 * 0.00 * *
85 267 1.91 141

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

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Market Report: Absorption Rates for Corvallis, OR February 2015

Corvallis
Price Range Active Listings as of 3/7/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 * 4 0.67 * *
$150,000 – $199,999 2 28 4.67 0.43 90
$200,000 – $249,999 14 71 11.83 1.18 89
$250,000 – $299,999 13 45 7.50 1.73 108
$300,000 – $349,999 11 48 8.00 1.38 98
$350,000 – $399,999 8 29 4.83 1.66 113
$400,000 – $449,999 10 17 2.83 3.53 130
$450,000 – $499,999 10 13 2.17 4.62 138
$500,000 – $599,999 7 7 1.17 6.00 221
$600,000 – $699,999 2 4 0.67 3.00 207
$700,000 + 2 * 0.00 * *
79 266 1.78 133

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Corvallis Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Corvallis, OR Jan 2015

Corvallis
Price Range Active Listings as of 2/8/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 * 4 0.67 * 143
$150,000 – $199,999 2 26 4.33 0.46 89
$200,000 – $249,999 17 76 12.67 1.34 79
$250,000 – $299,999 11 53 8.83 1.25 100
$300,000 – $349,999 16 57 9.50 1.68 87
$350,000 – $399,999 4 28 4.67 0.86 94
$400,000 – $449,999 6 24 4.00 1.50 126
$450,000 – $499,999 9 14 2.33 3.86 161
$500,000 – $599,999 4 7 1.17 3.43 221
$600,000 – $699,999 2 7 1.17 1.71 149
$700,000 + 2 1 0.17 12.00 157
73 297 1.47 128

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Corvallis Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Corvallis, OR December 2014

Corvallis
Price Range Active Listings as of 1/8/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 * 5 0.83 * 122
$150,000 – $199,999 6 28 4.67 1.29 82
$200,000 – $249,999 22 83 13.83 1.59 77
$250,000 – $299,999 11 66 11.00 1.00 91
$300,000 – $349,999 13 59 9.83 1.32 80
$350,000 – $399,999 7 31 5.17 1.35 78
$400,000 – $449,999 9 27 4.50 2.00 133
$450,000 – $499,999 8 14 2.33 3.43 158
$500,000 – $599,999 3 10 1.67 1.80 175
$600,000 – $699,999 2 7 1.17 1.71 149
$700,000 + 2 1 0.17 12.00 157
83 331 1.50 118

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Corvallis Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Corvallis, OR November 2014

Corvallis
Price Range Active Listings as of 12/8/2014 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * 411
$100,000 – $149,999 * 6 1.00 * 118
$150,000 – $199,999 10 30 5.00 2.00 93
$200,000 – $249,999 22 87 14.50 1.52 70
$250,000 – $299,999 11 80 13.33 0.83 96
$300,000 – $349,999 16 65 10.83 1.48 82
$350,000 – $399,999 15 35 5.83 2.57 84
$400,000 – $449,999 8 30 5.00 1.60 121
$450,000 – $499,999 8 15 2.50 3.20 142
$500,000 – $599,999 4 10 1.67 2.40 165
$600,000 – $699,999 3 6 1.00 3.00 86
$700,000 + 1 1 0.17 6.00 157
98 365 1.61 135

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Corvallis Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Corvallis, OR October 2014

Corvallis
Price Range Active Listings as of 11/7/2014 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * 1 0.17 * 411
$100,000 – $149,999 * 4 0.67 * 117
$150,000 – $199,999 7 30 5.00 1.40 91
$200,000 – $249,999 32 90 15.00 2.13 75
$250,000 – $299,999 13 83 13.83 0.94 92
$300,000 – $349,999 24 66 11.00 2.18 84
$350,000 – $399,999 15 35 5.83 2.57 88
$400,000 – $449,999 13 31 5.17 2.52 124
$450,000 – $499,999 10 14 2.33 4.29 123
$500,000 – $599,999 7 13 2.17 3.23 166
$600,000 – $699,999 3 8 1.33 2.25 78
$700,000 + 1 1 0.17 6.00 157
125 376 1.99 134

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Corvallis Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Corvallis, OR September 2014

Corvallis
Price Range Active Listings as of 10/9/2014 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * 2 0.33 * 352
$100,000 – $149,999 2 3 0.50 4.00 49
$150,000 – $199,999 13 28 4.67 2.79 92
$200,000 – $249,999 35 87 14.50 2.41 76
$250,000 – $299,999 14 80 13.33 1.05 95
$300,000 – $349,999 27 61 10.17 2.66 90
$350,000 – $399,999 19 31 5.17 3.68 81
$400,000 – $449,999 15 30 5.00 3.00 132
$450,000 – $499,999 12 14 2.33 5.14 135
$500,000 – $599,999 7 14 2.33 3.00 84
$600,000 – $699,999 2 7 1.17 1.71 81
$700,000 + 1 1 0.17 6.00 157
147 358 2.46 119

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Corvallis Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Corvallis, OR August 2014

Corvallis
Price Range Active Listings as of 9/7/2014 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * 2 0.33 * 352
$100,000 – $149,999 2 3 0.50 4.00 49
$150,000 – $199,999 18 30 5.00 3.60 105
$200,000 – $249,999 37 85 14.17 2.61 81
$250,000 – $299,999 20 70 11.67 1.71 83
$300,000 – $349,999 29 56 9.33 3.11 95
$350,000 – $399,999 22 26 4.33 5.08 85
$400,000 – $449,999 16 27 4.50 3.56 128
$450,000 – $499,999 17 12 2.00 8.50 132
$500,000 – $599,999 7 11 1.83 3.82 90
$600,000 – $699,999 4 5 0.83 4.80 66
$700,000 + 2 1 0.17 12.00 157
174 328 3.18 119

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Corvallis Updates, Market Reports | No Comments »

Corvallis expands bilingual education

In a recent post in the Gazette-Times, it’s been noted that schools in Corvallis are increasing their options for bilingual education. It’s been shown that children learn new languages much easier, so it’s the hope that by expanding the curriculum and hiring bilingual teachers and assistants that it will encourage children to learn to be multi-lingual. By giving them access to resources in their native language (be it English or Spanish) as well as teaching in the foreign language, it will allow them to have a better, more well-rounded learning experience, according to the article.

In addition, a new preschool with the intent of teaching children to speak both English and Spanish interchangeably will be opening soon.

To read the full article, click here!

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Market Report: Absorption Rates for Corvallis, OR July 2014

Corvallis
Price Range Active Listings as of 8/7/2014 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * 2 0.33 * 352
$100,000 – $149,999 3 3 0.50 6.00 49
$150,000 – $199,999 20 25 4.17 4.80 98
$200,000 – $249,999 38 85 14.17 2.68 82
$250,000 – $299,999 27 60 10.00 2.70 87
$300,000 – $349,999 27 45 7.50 3.60 100
$350,000 – $399,999 22 24 4.00 5.50 91
$400,000 – $449,999 15 22 3.67 4.09 140
$450,000 – $499,999 17 10 1.67 10.20 96
$500,000 – $599,999 14 11 1.83 7.64 90
$600,000 – $699,999 2 2 0.33 6.00 57
$700,000 + 3 * 0.00 * *
188 289 3.90 113

What is an Absorption Rate, and why does it matter?

The table above shows the rate at which the homes for sale are being sold. As the rate goes down, it indicates that the “inventory” (in this case, homes for sale in that area) is declining. More homes are being sold than are being listed. As the rate goes up, it implies that there are more homes coming on the market than there are buyers ready to purchase.

The Absorption Rate tells you how well the market is “absorbing” the current inventory of listings. This also tells you whether it is a better time to buy or sell. Hence the terms “Seller’s Market” and “Buyer’s Market”.

Posted in Corvallis Updates, Market Reports | No Comments »