HOMES FOR SALE - Active Listings, Closed Sales, Average Price - THURSTON RMLS Market Area REAL ESTATE - Months of SEPTEMBER, 2001-2012 - Jim Hale, Principal Broker, ACTIONAGENTS.NET

  THE MOST MEANINGFUL (SEASONALLY ADJUSTED) LOOK AT DATA FOR

         HOMES FOR SALE IN SPRINGFIELD, OR

          IS TO COMPARE

     THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

 The number of Closed Sales in THURSTON during SEPTEMBER was up

 but so was the inventory of Active Listings.

  Meanwhile Average Price was also down - low end houses continue to move.

   Now for the

         THURSTON

          RMLS Market Area, HERE ARE:

 A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

         Months of SEPTEMBER

         2001 - 2012:

  And a decade of Average Prices for Closed Sales
for the

         Months of SEPTEMBER

         2001 - 2012:

What's really happening with the inventory of single family homes for sale in Springfield, Oregon's

   THURSTON

     RMLS real estate market area?

Just how big a factor are distressed properties?

      How much of the 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?

      
Here is the hard data for active listings from the Regional Multiple Listing Service:

  THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN SPRINGFIELD, OR

     IS TO COMPARE

     THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

This JANUARY, the THURSTON inventory went down considerably for a second straight year -

to a match the level immediately prior to the boom/bust.

The great news:  the number of sales shot up to a similar pre-boom level.

But bad news is the average price still declined...indicating the upper price ranges are still not selling.

 For the

    THURSTON

     RMLS Market Area, HERE ARE:

  A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

     Months of JANUARY

     2002 - 2012:

 And a decade of Average Prices for Closed Sales
for the

    Months of JANUARY

     2002 - 2012:

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.  The average price for some months is drastically affected by an unusual number of homes selling at the TOP or BOTTOM of the range of prices.  A history of the variation in the statistical median would make for a better comparison but is unavailable from RMLS.