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Market Report: Absorption Rates for North Albany, OR April 2015

North Albany (Benton County)
Price Range Active Listings as of 5/5/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 1 2 0.33 3.00 57
$150,000 – $199,999 1 23 3.83 0.26 126
$200,000 – $249,999 8 28 4.67 1.71 123
$250,000 – $299,999 6 23 3.83 1.57 106
$300,000 – $349,999 9 10 1.67 5.40 112
$350,000 – $399,999 3 4 0.67 4.50 122
$400,000 – $449,999 2 5 0.83 2.40 147
$450,000 – $499,999 1 * 0.00 * *
$500,000 – $599,999 3 2 0.33 9.00 116
$600,000 – $699,999 3 1 0.17 18.00 167
$700,000 + 1 * 0.00 * *
38 98 2.33 120

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 April 2015

Albany (Linn County)
Price Range Active Listings as of 5/5/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 6 21 3.50 1.71 133
$100,000 – $149,999 17 56 9.33 1.82 109
$150,000 – $199,999 38 89 14.83 2.56 90
$200,000 – $249,999 16 48 8.00 2.00 118
$250,000 – $299,999 21 25 4.17 5.04 170
$300,000 – $349,999 5 7 1.17 4.29 181
$350,000 – $399,999 5 1 0.17 30.00 24
$400,000 – $449,999 * 0 0.00 * *
$450,000 – $499,999 * 1 0.17 * 260
$500,000 – $599,999 * 0 0.00 * *
$600,000 – $699,999 1 0 0.00 * *
$700,000 + * 0 0.00 * *
109 248 2.64 136

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 March 2015

North Albany (Benton County)
Price Range Active Listings as of 4/6/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 * 2 0.33 * 57
$150,000 – $199,999 1 25 4.17 0.24 122
$200,000 – $249,999 16 33 5.50 2.91 120
$250,000 – $299,999 6 28 4.67 1.29 101
$300,000 – $349,999 11 9 1.50 7.33 117
$350,000 – $399,999 3 3 0.50 6.00 129
$400,000 – $449,999 2 6 1.00 * 125
$450,000 – $499,999 1 * 0.00 * *
$500,000 – $599,999 3 2 0.33 9.00 120
$600,000 – $699,999 3 1 0.17 * 167
$700,000 + 1 * 0.00 * *
47 109 2.59 118

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 Albany Updates, Market Reports | No Comments »

Market Report: Absorption Rates for Albany, OR March 2015

Albany (Linn County)
Price Range Active Listings as of 4/6/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 5 26 4.33 1.15 114
$100,000 – $149,999 14 63 10.50 1.33 116
$150,000 – $199,999 30 87 14.50 2.07 89
$200,000 – $249,999 22 41 6.83 3.22 104
$250,000 – $299,999 20 22 3.67 5.45 141
$300,000 – $349,999 5 7 1.17 4.29 196
$350,000 – $399,999 5 1 0.17 30.00 24
$400,000 – $449,999 * 0 0.00 * *
$450,000 – $499,999 * 1 0.17 * 260
$500,000 – $599,999 * 0 0.00 * *
$600,000 – $699,999 1 0 0.00 * *
$700,000 + * 0 0.00 * *
102 248 2.47 131

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 »

Market Report: Absorption Rates for North Albany, OR February 2015

North Albany (Benton County)
Price Range Active Listings as of 3/7/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 * 2 0.33 * 57
$150,000 – $199,999 3 21 3.50 0.86 124
$200,000 – $249,999 12 34 5.67 2.12 117
$250,000 – $299,999 6 28 4.67 1.29 109
$300,000 – $349,999 9 10 1.67 5.40 102
$350,000 – $399,999 4 4 0.67 6.00 106
$400,000 – $449,999 * 5 0.83 * 83
$450,000 – $499,999 1 1 0.17 6.00 61
$500,000 – $599,999 1 2 0.33 3.00 120
$600,000 – $699,999 3 * 0.00 * *
$700,000 + 1 * 0.00 * *
40 107 2.24 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 Albany, OR February 2015

Albany (Linn County)
Price Range Active Listings as of 3/7/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 4 24 4.00 1.00 97
$100,000 – $149,999 16 52 8.67 1.85 114
$150,000 – $199,999 38 90 15.00 2.53 99
$200,000 – $249,999 20 43 7.17 2.79 109
$250,000 – $299,999 17 23 3.83 4.43 129
$300,000 – $349,999 7 7 1.17 6.00 187
$350,000 – $399,999 2 3 0.50 4.00 86
$400,000 – $449,999 * 0 0.00 * *
$450,000 – $499,999 * 0 0.00 * *
$500,000 – $599,999 * 0 0.00 * *
$600,000 – $699,999 1 0 0.00 * *
$700,000 + * 0 0.00 * *
105 242 2.60 117

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 Jan 2015

North Albany (Benton County)
Price Range Active Listings as of 2/8/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 * 3 0.50 * 97
$150,000 – $199,999 4 26 4.33 0.92 119
$200,000 – $249,999 16 39 6.50 2.46 106
$250,000 – $299,999 7 34 5.67 1.24 127
$300,000 – $349,999 8 15 2.50 3.20 135
$350,000 – $399,999 3 4 0.67 4.50 108
$400,000 – $449,999 1 4 0.67 1.50 93
$450,000 – $499,999 * 2 0.33 * 99
$500,000 – $599,999 1 1 0.17 6.00 217
$600,000 – $699,999 2 * 0.00 * *
$700,000 + * * 0.00 * *
42 128 1.97 122

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 Jan 2015

Albany (Linn County)
Price Range Active Listings as of 2/8/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 6 22 3.67 1.64 85
$100,000 – $149,999 12 59 9.83 1.22 96
$150,000 – $199,999 36 108 18.00 2.00 100
$200,000 – $249,999 24 46 7.67 3.13 103
$250,000 – $299,999 12 26 4.33 2.77 114
$300,000 – $349,999 6 7 1.17 5.14 186
$350,000 – $399,999 2 4 0.67 3.00 74
$400,000 – $449,999 * 0 0.00 * *
$450,000 – $499,999 * 0 0.00 * *
$500,000 – $599,999 * 0 0.00 * *
$600,000 – $699,999 1 0 0.00 * *
$700,000 + * 0 0.00 * *
99 272 2.18 108

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 2014

North Albany (Benton County)
Price Range Active Listings as of 1/8/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * 0.00 * *
$100,000 – $149,999 * 3 0.50 * 97
$150,000 – $199,999 9 31 5.17 1.74 120
$200,000 – $249,999 16 47 7.83 2.04 108
$250,000 – $299,999 6 30 5.00 1.20 135
$300,000 – $349,999 4 18 3.00 1.33 132
$350,000 – $399,999 5 4 0.67 7.50 108
$400,000 – $449,999 1 4 0.67 1.50 93
$450,000 – $499,999 * 3 0.50 * 217
$500,000 – $599,999 2 1 0.17 12.00 217
$600,000 – $699,999 2 * 0.00 * *
$700,000 + * * 0.00 * *
45 141 1.91 136

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 2014

Albany (Linn County)
Price Range Active Listings as of 1/8/2015 Sold Listings Last 6 Months Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 8 20 3.33 2.40 72
$100,000 – $149,999 16 58 9.67 1.66 96
$150,000 – $199,999 37 113 18.83 1.96 97
$200,000 – $249,999 29 47 7.83 3.70 104
$250,000 – $299,999 14 27 4.50 3.11 112
$300,000 – $349,999 6 10 1.67 3.60 168
$350,000 – $399,999 2 4 0.67 3.00 74
$400,000 – $449,999 * 0 0.00 * *
$450,000 – $499,999 * 0 0.00 * *
$500,000 – $599,999 1 0 0.00 * *
$600,000 – $699,999 * 0 0.00 * *
$700,000 + * 0 0.00 * *
113 279 2.43 103

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 Albany Updates, Market Reports | No Comments »