Real Estate Talk Market Update for 12 September, 2009 (Albany, Lebanon, Corvallis, Oregon)

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

Albany

• SOLD (past 90 days) - 142
  • Average price - $194,170
  • Median Sale Price - $180,200
  • Average Days on the Market - 141
  • Average Dollar per Square Foot - $123.75
• Current Active Listings - 389
  • Average Price of Active Listings - $216,254
  • Months of Inventory - 8.22
• Pending/Contingent Sales - 101 / Value $18.8 million
  • Total Contingent- 54
  • Total Pending - 47

Corvallis

• SOLD (past 90 days) - 130
  • Average price - $264,773
  • Median Sale Price - $241,500
  • Average Days on the Market - 127
  • Average Dollar per Square Foot - $162.61
• Current Active Listings - 254
  • Average Price of Active Listings - $342,868
  • Months of Inventory - 5.86
• Pending/Contingent Sales - 63 / Value $15.8 million
  • Total Contingent- 45
  • Total Pending - 18

Lebanon

• SOLD (past 90 days) - 43
  • Average price - $139,457
  • Median Sale Price - $143,000
  • Average Days on the Market - 152
  • Average Dollar per Square Foot - $102.91
• Current Active Listings - 157
  • Average Price of Active Listings - $168,278
  • Months of Inventory - 10.95
• Pending/Contingent Sales - 49 / Value $8.3 million
  • Total Contingent- 26
  • Total Pending - 23

Upcoming Guests Scheduled:

September Guests: 

   17 September - Real Estate Roundtable; Jason Cadwell (RE/MAX Integrity), Sam Williams (Wells Fargo). Current events in the local mid-Willamette Valley real estate market

  26 September - Eli Volem, Energy Trust.  Green building, changes and updates to the building codes in our future, sustainability in building codes and products; tax credits.  EnergyStar and EarthAdvantage.