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) – 164

o       Average price – $185,387

o       Median Sale Price – $174,174

o       Average Days on the Market – 124

o       Average Dollar per Square Foot - $123.40

¨        Current Active Listings – 364

o       Average Price of Active Listings - $217,093

o       Months of Inventory – 6.66

¨        Pending/Contingent Sales – 103 / Value $18.6 million

o       Total Contingent- 61

o       Total Pending - 42

Corvallis

¨        SOLD (past 90 days) – 139

o       Average price – $261,344

o       Median Sale Price – $247,000

o       Average Days on the Market – 119

o       Average Dollar per Square Foot - $165.69

¨        Current Active Listings – 233

o       Average Price of Active Listings - $337,261

o       Months of Inventory – 5.03

¨        Pending/Contingent Sales – 52 / Value $14.9 million

o       Total Contingent- 38

o       Total Pending - 14

Lebanon

¨        SOLD (past 90 days) – 53

o       Average price – $137,148

o       Median Sale Price – $138,500

o       Average Days on the Market – 154

o       Average Dollar per Square Foot - $104.35

¨        Current Active Listings – 130

o       Average Price of Active Listings - $169,759

o       Months of Inventory – 7.36

¨        Pending/Contingent Sales – 54 / Value $8.9 million

o       Total Contingent- 22

o       Total Pending - 32

Upcoming Guests Scheduled:

October Guests: 

31 October - Jason Cadwell, RE/MAX Integrity.  What is the outlook for real estate in the mid-valley for 2010 and what are the options for home owners who may be facing problems due to job losses.

November Guests:

Nov 7 – DR Horton – live at Benton Woods

TBD - Dave Kammerer, Summit Funding – to continue our discussion of the FHA 203K loan program

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

Albany

¨        SOLD (past 90 days) – 160

o       Average price – $185,718

o       Median Sale Price – $173,927

o       Average Days on the Market – 132

o       Average Dollar per Square Foot - $121.98

¨        Current Active Listings – 377

o       Average Price of Active Listings - $218,609

o       Months of Inventory – 7.07

¨        Pending/Contingent Sales – 109 / Value $19.9 million

o       Total Contingent- 57

o       Total Pending - 52

Corvallis

¨        SOLD (past 90 days) – 135

o       Average price – $262,607

o       Median Sale Price – $247,900

o       Average Days on the Market – 121

o       Average Dollar per Square Foot - $163.94

¨        Current Active Listings – 237

o       Average Price of Active Listings - $336,720

o       Months of Inventory – 5.27

¨        Pending/Contingent Sales – 53 / Value $15.2 million

o       Total Contingent- 39

o       Total Pending - 14

Lebanon

¨        SOLD (past 90 days) – 54

o       Average price – $136,074

o       Median Sale Price – $140,500

o       Average Days on the Market – 154

o       Average Dollar per Square Foot - $104.74

¨        Current Active Listings – 131

o       Average Price of Active Listings - $173,593

o       Months of Inventory – 7.28

¨        Pending/Contingent Sales – 55 / Value $8.9 million

o       Total Contingent- 24

o       Total Pending - 31

Upcoming Guests Scheduled:

October Guests: 

TBD

November Guests:

Nov 7 – DR Horton – live at Benton Woods

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, 2009 SOLD statistics no longer include any pending data.

Albany

¨        SOLD (past 90 days) – 157

o       Average price – $188,449

o       Median Sale Price – $177,900

o       Average Days on the Market – 129

o       Average Dollar per Square Foot - $122.60

¨        Current Active Listings – 386

o       Average Price of Active Listings - $218,569

o       Months of Inventory – 7.38

¨        Pending/Contingent Sales – 94 / Value $16.5 million

o       Total Contingent- 43

o       Total Pending - 51

Corvallis

¨        SOLD (past 90 days) – 142

o       Average price – $262,833

o       Median Sale Price – $244,000

o       Average Days on the Market – 124

o       Average Dollar per Square Foot - $163.10

¨        Current Active Listings – 240

o       Average Price of Active Listings - $336,762

o       Months of Inventory – 5.07

¨        Pending/Contingent Sales – 50 / Value $14.4 million

o       Total Contingent- 40

o       Total Pending - 10

Lebanon

¨        SOLD (past 90 days) – 51

o       Average price – $140,316

o       Median Sale Price – $145,500

o       Average Days on the Market – 152

o       Average Dollar per Square Foot - $106.06

¨        Current Active Listings – 141

o       Average Price of Active Listings - $172,463

o       Months of Inventory – 8.29

¨        Pending/Contingent Sales – 50 / Value $8.7 million

o       Total Contingent- 22

o       Total Pending - 31

Upcoming Guests Scheduled:

October Guests: 

TBD - Rick Stewart (Stewart Inspections) and a guest from Summit Funding (TBD) FHA 203K Loan Programs

TBD – The Broker Duo from Keller Williams

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, 2009 SOLD statistics no longer include any pending data.

Albany

¨        SOLD (past 90 days) – 152

o       Average price – $191,542

o       Median Sale Price – $178,980

o       Average Days on the Market – 134

o       Average Dollar per Square Foot - $123.96

¨        Current Active Listings – 388

o       Average Price of Active Listings - $218,340

o       Months of Inventory – 7.66

¨        Pending/Contingent Sales – 88 / Value $15.7 million

o       Total Contingent- 41

o       Total Pending - 47

Corvallis

¨        SOLD (past 90 days) – 145

o       Average price – $263,803

o       Median Sale Price – $241,000

o       Average Days on the Market – 122

o       Average Dollar per Square Foot - $164.55

¨        Current Active Listings – 253

o       Average Price of Active Listings - $342,460

o       Months of Inventory – 5.03

¨        Pending/Contingent Sales – 56 / Value $16.1 million

o       Total Contingent- 43

o       Total Pending - 13

Lebanon

¨        SOLD (past 90 days) – 48

o       Average price – $141,402

o       Median Sale Price – $145,500

o       Average Days on the Market – 153

o       Average Dollar per Square Foot - $106.22

¨        Current Active Listings – 143

o       Average Price of Active Listings - $171,532

o       Months of Inventory – 8.94

¨        Pending/Contingent Sales – 53 / Value $8.8 million

o       Total Contingent- 25

o       Total Pending - 28

Upcoming Guests Scheduled:

October Guests: 

10 Oct:  Eli Volem, Earth Advantage.  Green building, changes and updates to the building codes in our future, sustainability in building codes and products; tax credits.  EnergyStar and EarthAdvantage.

TBD - Rick Stewart (Stewart Inspections) and a guest from Summit Funding (TBD) FHA 203K Loan Programs

TBD – The Broker Duo from Keller Williams

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, 2009 SOLD statistics no longer include any pending data.

Albany

¨        SOLD (past 90 days) – 147

o       Average price – $193,441

o       Median Sale Price – $179,900

o       Average Days on the Market – 136

o       Average Dollar per Square Foot - $124.42

¨        Current Active Listings – 390

o       Average Price of Active Listings - $215,750

o       Months of Inventory – 7.96

¨        Pending/Contingent Sales – 91 / Value $16.4 million

o       Total Contingent- 44

o       Total Pending - 47

Corvallis

¨        SOLD (past 90 days) – 143

o       Average price – $261,884

o       Median Sale Price – $239,900

o       Average Days on the Market – 127

o       Average Dollar per Square Foot - $164.86

¨        Current Active Listings – 239

o       Average Price of Active Listings - $346,918

o       Months of Inventory – 5.01

¨        Pending/Contingent Sales – 64 / Value $17.6 million

o       Total Contingent- 43

o       Total Pending - 21

Lebanon

¨        SOLD (past 90 days) – 45

o       Average price – $137,850

o       Median Sale Price – $142,500

o       Average Days on the Market – 148

o       Average Dollar per Square Foot - $104.02

¨        Current Active Listings – 153

o       Average Price of Active Listings - $173,457

o       Months of Inventory – 10.20

¨        Pending/Contingent Sales – 47 / Value $7.9 million

o       Total Contingent- 19

o       Total Pending - 28

Upcoming Guests Scheduled:

October Guests: 

Andrea Beem, RE/MAX Integrity – Real Estate Myths – Busted!

Eli Volem, Energy Trust.  Green building, changes and updates to the building codes in our future, sustainability in building codes and products; tax credits.  EnergyStar and EarthAdvantage.

Rick Stewart (Stewart Inspections) and a guest from Summit Funding (TBD) FHA 203K Loan Programs

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.