HOMES FOR SALE - SPRINGFIELD, OR - THURSTON neighborhood REAL ESTATE - Active Listings, Closed Sales, Average Sale Price - THURSTON RMLS Market Area - Months of JANUARY, 2002-2012 - Jim Hale, Principal Broker, ACTIONAGENTS.NET

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

  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:

  HOMES FOR SALE - SPRINGFIELD, OR - THURSTON neighborhood REAL ESTATE - Active Listings, Closed Sales - THURSTON RMLS Market Area - Months of JANUARY, 2002-2012 - Jim Hale, Principal Broker, ACTIONAGENTS.NET

 

 And a decade of Average Prices for Closed Sales
for the

    Months of JANUARY

     2002 - 2012:

   HOMES FOR SALE - SPRINGFIELD, OR - THURSTON neighborhood REAL ESTATE - Average Sale Price - THURSTON RMLS Market Area - Months of JANUARY, 2002-2012 - Jim Hale, Principal Broker, ACTIONAGENTS.NET 

 

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.

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 (7)

MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Looks like inventory is coming down just like it is all over the US!

Feb 28, 2012 09:10 AM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Michelle -

Thanks for stopping by.

 

Feb 28, 2012 03:15 PM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Renee -

That appears to be the case....the same thing happened before the boom - though I don't expect it to be dramatic enough to send prices up at anything more than the historic appreciation rate.

Feb 28, 2012 03:17 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Hi Jim,

Inventory reduction and sales similar to 2003--that's just about exactly where we are.  And, might I add, we're happy to be recovering here in Charlotte too!

Feb 28, 2012 09:41 PM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

Debe-

Glad to hear about your area.  This appears to be as good as it gets for now.  Could be worse by a countrymile.

(And miles are longer in the country.)

Feb 29, 2012 03:49 AM
Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

A great presentation.

Mar 04, 2012 08:32 AM