THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN
SOUTH LANE COUNTY'S SOUTH LANE SCHOOL DISTRICT
IS TO COMPARE
THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS
The inventory in South Lane remains high - BUT WENT DOWN FOR THE FIRST FEBRUARY IN YEARS!
Meanwhile, closed sales remain at half that of the height of the boom.
However, average price is up - favorably - from last year.
Here for the
SOUTH LANE (COTTAGE GROVE)
RMLS Market Area, are:
A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the
Months of FEBRUARY
2001 - 2012:
And a decade of Average Prices for Closed Sales
for the
Months of FEBRUARY
2001 - 2011:
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.
Comments (0)Subscribe to CommentsComment