Which homes are selling best in Eugene, Oregon's
DANEBO RMLS Market Area?
The table below compares actual closed sales of single family, detached homes
in the month of June, 2009
to the inventory available in the Danebo area as of today,
July 10, 2009.
| Square-Footage Range | Closed Sales June, 2009 |
Active Listings July 10,2009 |
Available Inventory (in months) |
| All |
22 |
124 |
5.6 |
The overall ratio of active listing divided by closed sales in June yields 5.6 months of available inventory.
| 3000 plus |
1 |
∞ | |
| 2500-2999 |
10 |
∞ | |
| 2000-2499 |
1 |
16 |
16.0 |
| 1800-1999 |
1 |
11 |
11.0 |
| 1600-1799 |
2 |
15 |
7.5 |
| 1500-1599 |
4 |
8 |
2.0 |
| 1400-1499 |
3 |
11 |
3.7 |
| 1300-1399 |
1 |
6 |
6.0 |
| 1200-1299 |
3 |
6 |
2.0 |
| 1100-1199 |
3 |
8 |
2.6 |
| 1000-1099 |
2 |
17 |
8.5 |
| 900-999 | 2 |
6 |
3.0 |
| Below 900 |
9 |
∞ |
Starter homes
(near the median size)
(1100 - 1599 square feet and usually having 3 bedrooms, 2 baths, a family room and a 2-car garage)
are selling well, with a combined available inventory of
2.8 months.
1100-1599 |
14 |
39 |
2.8 |
As shown below, there exists an over-supply (27 months of available inventory) of the largest homes
(those with over 2000 square feet).
2000 plus |
1 |
27 |
27.0 |
There is also an above-average supply of smaller homes, probably because the bulk of buyers using the
$8000 refundable federal tax credit
are buying at a higher level.
900 minus |
2 |
15 |
7.5 |
Data compiled from RMLS data by Jim Hale, Principal Broker, ACTIONAGENTS.NET.
Copyright, 2009
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