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Real Estate Talk Market Update for 12 December, 2009 (Albany, Lebanon, Corvallis Oregon)

By
Real Estate Agent with RE/MAX Integrity

Albany

  • SOLD (past 90 days) - 179
    • Average price - $184,894
    • Median Sale Price - $175,000
    • Average Days on the Market - 125
    • Average Dollar per Square Foot - $120.18
  • Current Active Listings - 376
    • Average Price of Active Listings - $212,092
    • Months of Inventory - 6.3
  • Pending/Contingent Sales - 64 / Value $11.7 million
    • Total Contingent- 25
    • Total Pending - 39

Corvallis

  • SOLD (past 90 days) - 111
    • Average price - $271,758
    • Median Sale Price - $253,000
    • Average Days on the Market - 122
    • Average Dollar per Square Foot - $165.98
  • Current Active Listings - 213
    • Average Price of Active Listings - $323,938
    • Months of Inventory - 5.76
  • Pending/Contingent Sales - 43 / Value $11.9 million
    • Total Contingent- 24
    • Total Pending - 19

Lebanon

  • SOLD (past 90 days) - 59
    • Average price - $137,618
    • Median Sale Price - $140,000
    • Average Days on the Market - 149
    • Average Dollar per Square Foot - $104.70
  • Current Active Listings - 119
    • Average Price of Active Listings - $170,963
    • Months of Inventory - 6.05
  • Pending/Contingent Sales - 47 / Value $7.8 million
    • Total Contingent- 18
    • Total Pending - 29

Upcoming Guests Scheduled

December Guests:

December 17 - Ken Smith, Willamette Neighborhood Housing Services.  Options for home owners regarding Loan Modifications.

December 26 - Holiday programming