Real Estate Talk Blog for the Willamette Valley

• Modified statistics, starting 11 April, 2009 SOLD statistics no longer include any pending data.

Albany

¨        SOLD (past 90 days) – 112

o       Average price – $190,994

o       Median Sale Price – $176,495

o       Average Days on the Market – 138

o       Average Dollar per Square Foot - $120.66

¨        Current Active Listings – 382

o       Average Price of Active Listings - $224,397

o       Months of Inventory – 10.23

¨        Pending/Contingent Sales – 62 / Value $11.4 million

o       Total Contingent- 28

o       Total Pending - 34

Corvallis

¨        SOLD (past 90 days) – 65

o       Average price – $268,071

o       Median Sale Price – $260,000

o       Average Days on the Market – 147

o       Average Dollar per Square Foot - $158.33

¨        Current Active Listings – 229

o       Average Price of Active Listings - $328,413

o       Months of Inventory – 10.57

¨        Pending/Contingent Sales – 63 / Value $18.5 million

o       Total Contingent- 42

o       Total Pending - 21

Lebanon

¨        SOLD (past 90 days) – 21

o       Average price – $144,402

o       Median Sale Price – $128,500

o       Average Days on the Market – 138

o       Average Dollar per Square Foot - $109.09

¨        Current Active Listings – 170

o       Average Price of Active Listings - $176,830

o       Months of Inventory – 24.29

¨        Pending/Contingent Sales – 36 / Value $6.2 million

o       Total Contingent- 17

o       Total Pending - 19

Last show:   Jason Cadwell, RE/MAX Integrity and Genevra Schumacher, of the Schumacher Group were here to talk about Short Sales and Foreclosures.  Understanding what they are – and some of the options that are available to consumers when the situation exists. 

Upcoming Guests Scheduled:

May Guests: 

Thursday 21 May – Real Estate Roundtable and “It’s MY Buyer’s Market” Workshops

Saturday 30 May - TBD

Are you a First Time Home Buyer?  Do you want to participate in Real Estate Talk?  Dave is looking for someone to go through the process “on the air” by working with him, and letting the listeners know how things are going throughout the entire process.  The person(s) selected will receive some nice gifts as a way of saying “thank you.”  Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included). 

Check out www.ItsMYBuyersMarket.com to start on your path to the American Dream of Home Ownership!  Meet a local lender and get pre-approved - participate in a 2 hour educational seminar designed to help you be a smarter buyer - and get access to homes in your price range that meet your wants and needs!  Make it YOUR Buyer's Market!

 For more information, contact Dave at realestatetalk@kgal.com.

Modified statistics, starting 11 April, 2009 SOLD statistics no longer include any pending data.

Albany

• SOLD (past 90 days) – 106
• Average price – $192,572
• Median Sale Price – $178,250
• Average Days on the Market – 139
• Average Dollar per Square Foot - $119.99
• Current Active Listings – 359
• Average Price of Active Listings - $222,687
• Months of Inventory – 10.16
• Pending/Contingent Sales – 61 / Value $11.38 million
• Total Contingent- 32
• Total Pending - 29

Corvallis

• SOLD (past 90 days) – 65
• Average price – $274,278
• Median Sale Price – $263,500
• Average Days on the Market – 141
• Average Dollar per Square Foot - $160.43
• Current Active Listings – 234
• Average Price of Active Listings - $327,389
• Months of Inventory – 10.8
• Pending/Contingent Sales – 54 / Value $17.6 million
• Total Contingent- 40
• Total Pending - 14

Lebanon

• SOLD (past 90 days) – 23
• Average price – $139,306
• Median Sale Price – $127,300
• Average Days on the Market – 126
• Average Dollar per Square Foot - $108.51
• Current Active Listings – 168
• Average Price of Active Listings - $175,918
• Months of Inventory – 21.91
• Pending/Contingent Sales – 30 / Value $5.5 million
• Total Contingent- 14
• Total Pending - 16

Last show:   Thursday, May 07– Melanie Adams, City of Albany Building Division (and Gary Stutzman and Kristin Johns).  It’s BUILDING SAFETY Week!  When do you need a building permit, how do you get one?  More importantly, why do you NEED one!

Upcoming Guests Scheduled:

May Guests: 

• Saturday 16 May – Jason Cadwell; Short Sales and Foreclosures
• Thursday 21 May – Real Estate Roundtable and “It’s MY Buyer’s Market” Workshops
• Saturday 30 May - TBD

Are you a First Time Home Buyer?  Do you want to participate in Real Estate Talk?  Dave is looking for someone to go through the process “on the air” by working with him, and letting the listeners know how things are going throughout the entire process.  The person(s) selected will receive some nice gifts as a way of saying “thank you.”  Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).

 For more information, contact Dave at realestatetalk@kgal.com.

• Modified statistics, starting 11 April, 2009SOLD statistics no longer include any pending data.

Albany

¨        SOLD (past 90 days) – 103

o       Average price – $192,961

o       Median Sale Price – $178,750

o       Average Days on the Market – 137

o       Average Dollar per Square Foot - $121.45

¨        Current Active Listings – 355

o       Average Price of Active Listings - $222,542

o       Months of Inventory – 10.24

¨        Pending/Contingent Sales – 62 / Value $11.99 million

o       Total Contingent- 34

o       Total Pending - 28

Corvallis

¨        SOLD (past 90 days) – 59

o       Average price – $277,014

o       Median Sale Price – $265,000

o       Average Days on the Market – 145

o       Average Dollar per Square Foot - $160.98

¨        Current Active Listings – 224

o       Average Price of Active Listings - $328,260

o       Months of Inventory – 11.39

¨        Pending/Contingent Sales – 59 / Value $17.6 million

o       Total Contingent- 45

o       Total Pending - 14

Lebanon

¨        ¨        SOLD (past 90 days) – 21

o       Average price – $139,483

o       Median Sale Price – $127,300

o       Average Days on the Market – 121

o       Average Dollar per Square Foot - $108.49

¨        Current Active Listings – 162

o       Average Price of Active Listings - $168,539

o       Months of Inventory – 23.14

¨        Pending/Contingent Sales – 30 / Value $5.5 million

o       Total Contingent- 14

o       Total Pending - 16

Last show:   Saturday, May 02– Just Dave.  New appraisal procedures for many lenders, understanding desk reviews and about “declining markets.”  Also, tips on pricing strategies for sellers and the future of the mid-valley housing market.

Upcoming Guests Scheduled:

May Guests: 

Thursday 7 May – Melanie Adams, City of Albany Building Department

Saturday 16 May – TBD – Jason Cadwell; Short Sales and Foreclosures

Thursday 21 May – Real Estate Roundtable and “It’s MY Buyer’s Market” Workshops

Saturday 30 May - TBD

Are you a First Time Home Buyer?  Do you want to participate in Real Estate Talk?  Dave is looking for someone to go through the process “on the air” by working with him, and letting the listeners know how things are going throughout the entire process.  The person(s) selected will receive some nice gifts as a way of saying “thank you.”  Jay Chase Inspections will provide the Pest and Dry Rot Inspection at no charge to the buyer(s) selected for this program. Corvallis Moving and Storage will provide the Local Move (packing not included).