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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”.

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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 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 North Albany, OR Sept 2016

How is the real estate market in North Albany OR doing? Find the newest absorption rates numbers here.

North Albany (Benton County)          
Price Range Active Listings as of 10/6/16 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 * * * * *
$150,000 – $199,999 * 6 1.00 * 64
$200,000 – $249,999 1 24 4.00 0.25 76
$250,000 – $299,999 4 24 4.00 1.00 57
$300,000 – $349,999 11 15 2.50 4.40 83
$350,000 – $399,999 8 27 4.50 1.78 81
$400,000 – $449,999 3 7 1.17 2.57 77
$450,000 – $499,999 1 3 0.50 2.00 132
$500,000 – $599,999 2 2 0.33 6.00 312
$600,000 – $699,999 3 2 0.33 9.00 234
$700,000 + * * * * *
  33 110   1.80 124

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 Sept 2016

How is the real estate market in Albany OR doing? Find the newest absorption rates numbers here.

Albany (Linn County)          
Price Range Active Listings as of 10/6/16 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 2 15 2.50 0.80 119
$100,000 – $149,999 4 45 7.50 0.53 80
$150,000 – $199,999 13 131 21.83 0.60 82
$200,000 – $249,999 17 140 23.33 0.73 76
$250,000 – $299,999 15 71 11.83 1.27 92
$300,000 – $349,999 30 24 4.00 7.50 106
$350,000 – $399,999 14 13 2.17 6.46 106
$400,000 – $449,999 1 1 0.17 6.00 135
$450,000 – $499,999 1 * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  97 440   1.32 100

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 North Albany, OR December 2015

North Albany (Benton County)          
Price Range Active Listings as of 1/6/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 * 3 0.50 * 95
$150,000 – $199,999 * 7 1.17 * 63
$200,000 – $249,999 6 35 5.83 1.03 93
$250,000 – $299,999 5 46 7.67 0.65 102
$300,000 – $349,999 5 22 3.67 1.36 89
$350,000 – $399,999 3 12 2.00 1.50 109
$400,000 – $449,999 2 6 1.00 2.00 65
$450,000 – $499,999 * 3 0.50 * 109
$500,000 – $599,999 2 3 0.50 4.00 184
$600,000 – $699,999 3 1 0.17 18.00 680
$700,000 + * * * * *
  26 138   1.13 159

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 December 2015

Albany (Linn County)          
Price Range Active Listings as of 1/6/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 7 20 3.33 2.10 78
$100,000 – $149,999 11 64 10.67 1.03 100
$150,000 – $199,999 24 132 22.00 1.09 84
$200,000 – $249,999 16 78 13.00 1.23 104
$250,000 – $299,999 19 35 5.83 3.26 96
$300,000 – $349,999 11 21 3.50 3.14 109
$350,000 – $399,999 9 6 1.00 9.00 109
$400,000 – $449,999 1 4 0.67 1.50 127
$450,000 – $499,999 * * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * 1 * * 184
$700,000 + 1 * * * *
  99 361   1.65 110

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 North Albany, OR May 2015

North Albany (Benton County)
Price Range Active Listings as of 6/8/2015 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 2 0.33 3.00 57
$150,000 – $199,999 2 23 3.83 0.52 134
$200,000 – $249,999 9 29 4.83 1.86 119
$250,000 – $299,999 8 32 5.33 1.50 92
$300,000 – $349,999 4 10 1.67 2.40 134
$350,000 – $399,999 7 5 0.83 8.40 116
$400,000 – $449,999 3 4 0.67 4.50 153
$450,000 – $499,999 * 1 0.17 * 113
$500,000 – $599,999 4 3 0.50 8.00 73
$600,000 – $699,999 2 1 0.17 12.00 167
$700,000 + 1 * * * *
41 110 2.24 116

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 May 2015

Albany (Linn County)
Price Range Active Listings as of 6/8/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 5 21 3.50 1.43 149
$100,000 – $149,999 21 56 9.33 2.25 107
$150,000 – $199,999 25 91 15.17 1.65 89
$200,000 – $249,999 23 53 8.83 2.60 118
$250,000 – $299,999 22 24 4.00 5.50 111
$300,000 – $349,999 7 9 1.50 4.67 164
$350,000 – $399,999 5 1 0.17 30.00 47
$400,000 – $449,999 1 0 * * *
$450,000 – $499,999 1 1 0.17 6.00 260
$500,000 – $599,999 * 0 * * *
$600,000 – $699,999 1 0 * * *
$700,000 + * 0 * * *
111 256 2.60 131

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 »