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Market Report: Absorption Rates for Philomath, OR Sept 2016

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

Philomath          
Price Range Active Listings as of 10/6/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 2 1 0.17 12.00 87
$100,000 – $149,999 * 3 0.50 * 70
$150,000 – $199,999 2 6 1.00 2.00 69
$200,000 – $249,999 1 14 2.33 0.43 57
$250,000 – $299,999 3 10 1.67 1.80 98
$300,000 – $349,999 3 3 0.50 6.00 120
$350,000 – $399,999 2 9 1.50 1.33 77
$400,000 – $449,999 2 3 0.50 4.00 84
$450,000 – $499,999 2 * * * *
$500,000 – $599,999 * 1 * * 48
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  17 50   2.04 79

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 Sept 2016

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

Lebanon          
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 4 22 3.67 1.09 112
$100,000 – $149,999 11 63 10.50 1.05 89
$150,000 – $199,999 15 75 12.50 1.20 91
$200,000 – $249,999 13 48 8.00 1.63 117
$250,000 – $299,999 4 19 3.17 1.26 124
$300,000 – $349,999 2 3 0.50 4.00 58
$350,000 – $399,999 3 2 0.33 9.00 59
$400,000 – $449,999 * 1 0.17 * 325
$450,000 – $499,999 * * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  52 233   1.34 122

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 Lebanon 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 Corvallis, OR Sept 2016

The real estate market in Corvallis OR has always been different. See the Sept 2016 Market Report for Absorption Rates here.

Corvallis          
Price Range Active Listings as of 10/6/16 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * 20
$100,000 – $149,999 * 1 0.17 * 175
$150,000 – $199,999 4 7 1.17 3.43 62
$200,000 – $249,999 7 54 9.00 0.78 64
$250,000 – $299,999 11 79 13.17 0.84 59
$300,000 – $349,999 13 74 12.33 1.05 74
$350,000 – $399,999 22 72 12.00 1.83 71
$400,000 – $449,999 9 33 5.50 1.64 74
$450,000 – $499,999 9 23 3.83 2.35 72
$500,000 – $599,999 6 19 3.17 1.89 83
$600,000 – $699,999 4 7 1.17 3.43 96
$700,000 + 4 6 1.00 4.00 135
  89 375   1.42 82

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 December 2015

Philomath          
Price Range Active Listings as of 1/6/2015 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 3 4 0.67 4.50 113
$150,000 – $199,999 1 8 1.33 0.75 81
$200,000 – $249,999 1 8 1.33 0.75 82
$250,000 – $299,999 3 8 1.33 2.25 98
$300,000 – $349,999 4 7 1.17 3.43 78
$350,000 – $399,999 1 6 1.00 1.00 67
$400,000 – $449,999 1 4 0.67 1.50 102
$450,000 – $499,999 * 3 0.50 * 110
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  14 48   1.75 91

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 December 2015

Lebanon          
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 9 21 3.50 2.57 117
$100,000 – $149,999 17 46 7.67 2.22 102
$150,000 – $199,999 21 83 13.83 1.52 112
$200,000 – $249,999 13 24 4.00 3.25 117
$250,000 – $299,999 5 7 1.17 4.29 91
$300,000 – $349,999 5 3 0.50 10.00 116
$350,000 – $399,999 2 * * * *
$400,000 – $449,999 * 1 * * 60
$450,000 – $499,999 * * * * *
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + * * * * *
  72 185   2.34 102

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 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 Corvallis, OR December 2015

Corvallis          
Price Range Active Listings as of 1/6/2015 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * * * * *
$100,000 – $149,999 2 4 0.67 3.00 194
$150,000 – $199,999 * 12 2.00 * 114
$200,000 – $249,999 9 86 14.33 0.63 82
$250,000 – $299,999 10 64 10.67 0.94 59
$300,000 – $349,999 5 64 10.67 0.47 69
$350,000 – $399,999 10 45 7.50 1.33 98
$400,000 – $449,999 7 32 5.33 1.31 83
$450,000 – $499,999 4 10 1.67 2.40 88
$500,000 – $599,999 6 8 1.33 4.50 88
$600,000 – $699,999 5 3 0.50 10.00 42
$700,000 + 4 6 1.00 4.00 92
  62 334   1.11 92

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 »