Here's the basic residential listing data for the months of
July, August, September - 2009
for the
JUNCTION CITY
market area of Lane County, OR
as reported by the Portland Regional Multiple Listing Service (RMLS):
New Listings may include properties previously listed by the same or a different brokerage.
Cancellations or Expired Listings may, therefore, by duplicated in the active category.
Pending Sales are those subject to a new sale agreement within the month.
Active Listings are those for sale on the last day of the month.
Closed Listings are those that closed in escrow within the report month.
*****
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of September
2001-2009:
And a decade of Average Price of Closed Sales
for the
Months of September
2001-2009:
Caution: The average for a small number of total sales may be drastically distorted by just or or two sales that depart significantly from the data median. That is clearly true for September 2009 above.
These average sales prices represent the arithmetic mean for those residential closed sales in this RMLS market area. The mix of homes sold varies over time. An arithmetic median would make for a better comparison but is unavailable from RMLS.
;)
;)
I think the amount listed vs how many have actually closed in the last two years really speaks volumes to what is going on in the market and what is going on at the banks.
