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Eugene, OR Homes for Sale - Bethel, Danebo RMLS Market Area - Closed Sales by Month by Type of Sale: Regular Sale, Bank-Owned, Short Sales - July, 2010 to MAY, 2011- Jim Hale, ACTIONAGENTS.NET

By
Real Estate Broker/Owner with ACTIONAGENTS.NET Oregon 780301468

(EDITORIAL NOTE:  YES, I KNOW IT'S NOT YET THE END OF THE MONTH.  THIS IS A PROTOTYPE POST.  THE CHARTS WILL BE UPDATED ON OR ABOUT JUNE 1....JIM)

 

What's really happening to homes for sale in Eugene, Oregon's

Bethel - Danebo
RMLS market area?


Just how big a factor are distressed properties?

How much of the current real estate market
(closed sales and available inventory)
is made up of Bank-Owned (i.e. foreclosed) homes for sale?
How many real estate listings are Short Sales?
How many are good-old, true-blue Regular Sales?


How much of the "active" inventory is really made up of those confusing "submitted" Short Sales - those that are truly pending but hiding amidst the officially-reported "active" inventory?  Those that have been submitted to the underlying lender for short-sale approval....and which are, for most purposes, not really available for sale?

Here is the hard data from the Regional Multiple Listing Service:

Here are the Closed Sales numbers for the last many months for the

Bethel-Danebo
RMLS Market Area

Eugene, OR Homes for Sale - Bethel, Danebo RMLS Market Area - Closed Sales by Month by Type of Sale: Regular Sale, Bank-Owned, Short Sales - July, 2010 to MAY, 2011- Jim Hale, ACTIONAGENTS.NET



Here's what's reported as "Active":

Eugene, OR Homes for Sale - Bethel, Danebo RMLS Market Area - Reported Active Listings by Type of Sale: Regular Sale, Bank-Owned, Short Sales - MAY, 2011- Jim Hale, ACTIONAGENTS.NET



Here's what's really active:

Eugene, OR Homes for Sale - Bethel, Danebo RMLS Market Area - Actual Active Listings by Type of Sale: Regular Sale, Bank-Owned, Short Sales - MAY, 2011- Jim Hale, ACTIONAGENTS.NET
Currently,
Bethel-Danebo has: 

a 6.4-month inventory available homes for sale overall
a 13.3-month inventory of Regular Listings
a 0.6-month inventory of Bank-Owned Listings
a 7.0-month inventory of Short Sale Listings.


Watch this space for a similar real estate report next month.
Posted by

 ***********************

 

Jim Hale

Principal Broker / Owner

Graduate, REALTOR Institute             e-PRO

2015 Member, Million Dollar Club of Lane County

actionagents.net
1715 Linnea Avenue
Eugene, OR 97401-1962

Office:  541-484-0219
Direct:  541-543-9991

Eugene Oregon Homes / Real Estate               jim@actionagents.net

Company Logo - ACTIONAGENTS.NET - Eugene, OR - Jim Hale, Principal                      Broker

All statistical market data is based on information from the RMLS of Oregon for the dates indicated.
© 2014  All Rights Reserved  /  Licensed in the State of OREGON

Comments (2)

Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Nice graphs to show the picture of your market.  I have to do something similar to show folks who "am not going to give my house away" when I tell them, then now is not the time to market your home with Lane Realty.

May 28, 2011 03:11 AM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Tammy -

Thank you for visiting.  You have caught on to one of the reason I do these charts.

May 28, 2011 04:12 AM