eugene oregon realtor: May 2009 Real estate sales: Eugene, Springfield, Cottage Grove, Creswell and greater Lane County Oregon Market update. - 06/17/09 10:26 AM
After posting record high levels of housing inventory in January, the estimated monthly supply of available homes in Lane County has dropped to 8.1 months in May. One year ago this month the number was 8.6
The average home sale price in May 2009 was $224,200 (down 15.5% from May 2008), and there were 247 closed sales compared to 274 closed sales in May 2008.
The biggest losers - sale prices down more than 14% from last year:
Properties in the rural areas of South Lane County including Cottage Grove and Creswell West Lane County properties including Veneta and Elmira Junction … (0 comments)

eugene oregon realtor: Under contract in 7 days in Cottage Grove? - 04/23/09 05:14 AM
When I worked up the market analysis for this classic craftsman, I found only one comparable sale in the previous 9 months!
The pace of sales in this charming, historic town about eighteen miles south of Eugene is positively glacial. I knew it would take a combination of optimal condition, aggressive pricing, and dynamic marketing to get it sold in a reasonable time frame so the owners could move forward with their life plans. Even with all these factors aligned, I anticpated a market time above my average of forty one days between listing and sale.
ConditionFortunately, the home showed great … (2 comments)