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Real Estate Talk Market Update for 17 July, 2009 (Albany, Lebanon, Corvallis, Oregon)

By
Real Estate Agent with RE/MAX Integrity

Modified statistics, starting 11 April, 2009 SOLD statistics no longer include any pending data.

Albany

  • SOLD (past 90 days) - 116
    • Average price - $198,854
    • Median Sale Price - $185,125
    • Average Days on the Market - 147
    • Average Dollar per Square Foot - $121.13
  • Current Active Listings - 402
    • Average Price of Active Listings - $221,925
    • Months of Inventory - 10.4
  • Pending/Contingent Sales - 73 / Value $14.5 million
    • Total Contingent- 39
    • Total Pending - 34

Corvallis

  • SOLD (past 90 days) - 94
    • Average price - $280,846
    • Median Sale Price - $252,500
    • Average Days on the Market - 136
    • Average Dollar per Square Foot - $162.94
  • Current Active Listings - 272
    • Average Price of Active Listings - $337,620
    • Months of Inventory - 8.68
  • Pending/Contingent Sales - 61 / Value $15.6 million
    • Total Contingent- 40
    • Total Pending - 21

Lebanon

  • SOLD (past 90 days) - 42
    • Average price - $137,284
    • Median Sale Price - $133,450
    • Average Days on the Market - 124
    • Average Dollar per Square Foot - $103.49
  • Current Active Listings - 178
    • Average Price of Active Listings - $168,644
    • Months of Inventory - 12.71
  • Pending/Contingent Sales - 34 / Value $6.2 million
    • Total Contingent- 14
    • Total Pending - 20

Upcoming Guests Scheduled:

July Guests: 

   25 - Dale Robyn Siegel, author of The NEW RULES for Mortgages.  Drawing on up to the minute data from lenders, Fannie Mae, Freddie Mac, FHA, credit reporting agencies, title companies, and more.  The New Rules for Mortgages gives first-time as well as seasoned homebuyers today's "new rules" on securing a mortgage or refinancing an existing loan.  Live with Dave via telephone.

Are you a First Time Home Buyer?  Do you want to participate in Real Estate Talk?  Dave is looking for someone to go through the process "on the air" by working with him, and letting the listeners know how things are going throughout the entire process.  The person(s) selected will receive some nice gifts as a way of saying "thank you."  Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).

 

 For more information, contact Dave at realestatetalk@kgal.com.

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