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Market Report: Absorption Rates for Philomath, OR Nov 2016

Philomath          
Price Range Active Listings as of 12/6/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 1 * * * *
$100,000 – $149,999 1 3 0.50 2.00 55
$150,000 – $199,999 * 6 1.00 * 54
$200,000 – $249,999 2 11 1.83 1.09 65
$250,000 – $299,999 3 8 1.33 2.25 90
$300,000 – $349,999 1 1 0.17 6.00 112
$350,000 – $399,999 2 7 1.17 1.71 83
$400,000 – $449,999 2 3 0.50 4.00 84
$450,000 – $499,999 2 1 0.17 12.00 47
$500,000 – $599,999 * 1 * * 48
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  14 41   2.05 71

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 Market Reports, Philomath Updates | No Comments »

Market Report: Absorption Rates for Lebanon, OR Nov 2016

Lebanon          
Price Range Active Listings as of 12/6/16 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 1 21 3.50 0.29 142
$100,000 – $149,999 8 53 8.83 0.91 90
$150,000 – $199,999 8 65 10.83 0.74 86
$200,000 – $249,999 10 53 8.83 1.13 118
$250,000 – $299,999 4 25 4.17 0.96 135
$300,000 – $349,999 1 1 0.17 6.00 56
$350,000 – $399,999 3 3 0.50 6.00 92
$400,000 – $449,999 * * * * *
$450,000 – $499,999 * * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  35 221   0.95 103

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 Lebanon Updates, Market Reports | No Comments »

Market Report: Absorption Rates for North Albany, OR Nov 2016

North Albany (Benton County)          
Price Range Active Listings as of 12/6/16 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 * 1 * * 241
$150,000 – $199,999 * 7 1.17 * 61
$200,000 – $249,999 1 21 3.50 0.29 71
$250,000 – $299,999 3 28 4.67 0.64 72
$300,000 – $349,999 10 13 2.17 4.62 86
$350,000 – $399,999 3 23 3.83 0.78 72
$400,000 – $449,999 1 8 1.33 0.75 105
$450,000 – $499,999 1 5 0.83 1.20 131
$500,000 – $599,999 1 3 0.50 2.00 147
$600,000 – $699,999 3 1 0.17 18.00 361
$700,000 + 2 * * * *
  25 110   1.36 135

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 Albany Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Albany, OR Nov 2016

Albany (Linn County)          
Price Range Active Listings as of 12/6/16 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 3 11 1.83 1.64 108
$100,000 – $149,999 4 46 7.67 0.52 88
$150,000 – $199,999 6 134 22.33 0.27 81
$200,000 – $249,999 21 135 22.50 0.93 77
$250,000 – $299,999 11 70 11.67 0.94 94
$300,000 – $349,999 28 37 6.17 4.54 115
$350,000 – $399,999 11 18 3.00 3.67 104
$400,000 – $449,999 1 2 0.33 3.00 132
$450,000 – $499,999 * 1 * * 99
$500,000 – $599,999 * 1 * * 78
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  85 455   1.12 98

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 Albany Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Corvallis, OR Nov 2016

Corvallis          
Price Range Active Listings as of 12/6/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 1 * * * *
$150,000 – $199,999 2 9 1.50 1.33 69
$200,000 – $249,999 3 59 9.83 0.31 65
$250,000 – $299,999 7 81 13.50 0.52 64
$300,000 – $349,999 8 74 12.33 0.65 70
$350,000 – $399,999 12 62 10.33 1.16 65
$400,000 – $449,999 7 29 4.83 1.45 77
$450,000 – $499,999 6 26 4.33 1.38 82
$500,000 – $599,999 8 21 3.50 2.29 88
$600,000 – $699,999 3 6 1.00 3.00 104
$700,000 + 2 8 1.33 1.50 126
  59 375   0.94 81

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 Philomath, OR Oct 2016

Philomath          
Price Range Active Listings as of 11/7/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 1 2 0.33 3.00 70
$150,000 – $199,999 1 5 0.83 1.20 69
$200,000 – $249,999 2 14 2.33 0.86 57
$250,000 – $299,999 5 8 1.33 3.75 98
$300,000 – $349,999 2 1 0.17 12.00 120
$350,000 – $399,999 2 7 1.17 1.71 77
$400,000 – $449,999 3 3 0.50 6.00 84
$450,000 – $499,999 2 * * * *
$500,000 – $599,999 * 1 * * 48
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  18 41   2.63 78

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 Market Reports, Philomath Updates | No Comments »

Market Report: Absorption Rates for Lebanon, OR Oct 2016

Lebanon          
Price Range Active Listings as of 11/7/16 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 4 17 2.83 1.41 134
$100,000 – $149,999 12 62 10.33 1.16 94
$150,000 – $199,999 16 70 11.67 1.37 86
$200,000 – $249,999 10 51 8.50 1.18 122
$250,000 – $299,999 2 21 3.50 0.57 123
$300,000 – $349,999 1 2 0.33 3.00 58
$350,000 – $399,999 3 2 0.33 9.00 59
$400,000 – $449,999 * * * * *
$450,000 – $499,999 * * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  48 225   1.28 97

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 Lebanon Updates, Market Reports | No Comments »

Market Report: Absorption Rates for North Albany, OR Oct 2016

North Albany (Benton County)          
Price Range Active Listings as of 11/7/16 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 * 1 * * 241
$150,000 – $199,999 * 8 1.33 * 66
$200,000 – $249,999 4 18 3.00 1.33 74
$250,000 – $299,999 3 27 4.50 0.67 63
$300,000 – $349,999 10 14 2.33 4.29 73
$350,000 – $399,999 7 23 3.83 1.83 70
$400,000 – $449,999 2 8 1.33 1.50 92
$450,000 – $499,999 2 4 0.67 3.00 129
$500,000 – $599,999 1 2 0.33 3.00 147
$600,000 – $699,999 2 1 0.17 12.00 361
$700,000 + 2 * * * *
  33 106   1.87 132

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 Albany Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Albany, OR Oct 2016

Albany (Linn County)          
Price Range Active Listings as of 11/7/16 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 2 13 2.17 0.92 113
$100,000 – $149,999 3 44 7.33 0.41 80
$150,000 – $199,999 9 136 22.67 0.40 81
$200,000 – $249,999 19 136 22.67 0.84 75
$250,000 – $299,999 13 70 11.67 1.11 93
$300,000 – $349,999 26 28 4.67 5.57 110
$350,000 – $399,999 11 18 3.00 3.67 109
$400,000 – $449,999 1 2 0.33 3.00 132
$450,000 – $499,999 * * * * *
$500,000 – $599,999 * 1 * * 78
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  84 448   1.13 97

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 Albany Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Corvallis, OR Oct 2016

Corvallis          
Price Range Active Listings as of 11/7/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 2 * * * *
$150,000 – $199,999 4 8 1.33 3.00 66
$200,000 – $249,999 5 53 8.83 0.57 64
$250,000 – $299,999 11 77 12.83 0.86 60
$300,000 – $349,999 11 80 13.33 0.83 71
$350,000 – $399,999 19 70 11.67 1.63 71
$400,000 – $449,999 8 30 5.00 1.60 72
$450,000 – $499,999 3 23 3.83 0.78 75
$500,000 – $599,999 7 22 3.67 1.91 89
$600,000 – $699,999 4 6 1.00 4.00 104
$700,000 + 3 7 1.17 2.57 124
  77 376   1.23 80

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 »