HOMES FOR SALE - OAKRIDGE, OR - WESTFIR, OR - OAKRIDGE REAL ESTATE - Active Listings, Closed Sales, Average Sale Price - OAKRIDGE - PLEASANT HILL RMLS Market Area - Months of MAY, 2001-2012 - Jim Hale, Principal Broker, ACTIONAGENTS.NET

    THE MOST MEANINGFUL LOOK AT DATA FOR HOMES FOR SALE IN

  SOUTHEASTERN LANE COUNTY'S WILLAMETTE HIGHWAY AREA

         IS TO COMPARE

     THE CURRENT MONTH WITH THE SAME MONTH IN PRIOR YEARS

The Willamette Highway area continues to be over-burdened by an inventory of simply historic proportions.... BUT THAT INVENTORY WAS DOWN FOR FEBRUARY FOR THE FIRST TIME IN YEARS.

FEBRUARY's sales number IMPROVED SLIGHTLY.

  And the month's average price looks postitive.

  Here, for the

      OAKRIDGE - PLEASANT HILL

       RMLS Market Area, are:

  A decade's worth of supply (Active Listings) and demand (Closed Sales)
for the

       Months of MAY

       2001 - 2012:

 And a decade of Average Prices for Closed Sales
for the

       Months of MAY

       2001 - 2012:

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.