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) – 122

o       Average price – $197,912

o       Median Sale Price – $187,250

o       Average Days on the Market – 151

o       Average Dollar per Square Foot - $120.96

¨        Current Active Listings – 414

o       Average Price of Active Listings - $220,808

o       Months of Inventory – 10.18

¨        Pending/Contingent Sales – 77 / Value $14.46 million

o       Total Contingent- 45

o       Total Pending - 32

Corvallis

¨        SOLD (past 90 days) – 109

o       Average price – $279,205

o       Median Sale Price – $247,950

o       Average Days on the Market – 142

o       Average Dollar per Square Foot - $161.88

¨        Current Active Listings – 268

o       Average Price of Active Listings - $342,433

o       Months of Inventory – 7.38

¨        Pending/Contingent Sales – 66 / Value $17.5 million

o       Total Contingent- 45

o       Total Pending - 21

Lebanon

¨        SOLD (past 90 days) – 47

o       Average price – $141,819

o       Median Sale Price – $142,500

o       Average Days on the Market – 142

o       Average Dollar per Square Foot - $107.94

¨        Current Active Listings – 180

o       Average Price of Active Listings - $168,796

o       Months of Inventory – 11.49

¨        Pending/Contingent Sales – 30 / Value $5.2 million

o       Total Contingent- 9

o       Total Pending - 21

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

Albany

¨ SOLD (past 90 days) – 129

o Average price – $195,578

o Median Sale Price – $182,450

o Average Days on the Market – 153

o Average Dollar per Square Foot - $122.09

¨ Current Active Listings – 416

o Average Price of Active Listings - $218,319

o Months of Inventory – 9.67

¨ Pending/Contingent Sales – 90 / Value $17.8 million

o Total Contingent- 52

o Total Pending - 38

Corvallis

¨ SOLD (past 90 days) – 113

o Average price – $273,123

o Median Sale Price – $243,000

o Average Days on the Market – 144

o Average Dollar per Square Foot - $161.71

¨ Current Active Listings – 267

o Average Price of Active Listings - $345,823

o Months of Inventory – 7.09

¨ Pending/Contingent Sales – 63 / Value $16.7 million

o Total Contingent- 41

o Total Pending - 22

Lebanon

¨ SOLD (past 90 days) – 48

o Average price – $141,546

o Median Sale Price – $141,216

o Average Days on the Market – 137

o Average Dollar per Square Foot - $106.43

¨ Current Active Listings – 174

o Average Price of Active Listings - $166,574

o Months of Inventory – 10.88

¨ Pending/Contingent Sales – 34 / Value $6.2 million

o Total Contingent- 12

o Total Pending - 22

Upcoming Guests Scheduled:

August Guests:

20 August – Real Estate Roundtable – Carissa Ramey (Central Willamette Community Credit Union), Greg Jackson (AmeriTitle), Andrea Beem and Gina Bindle (RE/MAX Integrity). Current events in the mid-Willamette Valley’s housing market.

29 August – David Brown (Disaster Restorations/Steamway) – Do you know what to do after a fire or a flood? How do you take care of mold issues? We’ll help you get answers!

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.