Real Estate Talk Blog for the Willamette Valley

(1) “SOLD” statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

¨        SOLD/Pending (past 90 days) – 179

o       Average price – $210,727

o       Median Sale Price – $186,000

o       Average Days on the Market – 129

o       Average Dollar per Square Foot - $129.68

¨        Current Active Listings – 451

o       Average Price of Active Listings - $260,644

o       Months of Inventory – 7.56

Corvallis

¨        SOLD/Pending (past 90 days) – 157

o       Average price – $297,317

o       Median Sale Price – $261,000

o       Average Days on the Market – 105

o       Average Dollar per Square Foot - $168.23

¨        Current Active Listings – 243

o       Average Price of Active Listings - $342,103

o       Months of Inventory – 4.64

Lebanon

¨        SOLD/Pending (past 90 days) – 54

o       Average price – $160,107

o       Median Sale Price – $143,900

o       Average Days on the Market – 123

o       Average Dollar per Square Foot – $111.65

¨        Current Active Listings – 169

o       Average Price of Active Listings - $185,437

o       Months of Inventory – 9.39

 Last show:      Thursday, September 4. Anna Balkema, Willamette Neighborhood Housing Services (www.w-nhs.org) was Dave’s guest.  The discussion was on the availability of down payment assistance programs for first time home buyers. 

Upcoming Guests Scheduled:

Saturday, 13 September – Mary Hartley, ReMax Integrity will be in to talk with Dave about the upgrades and remodeling projects that add the most value

Thursday, 18 September – Monthly Real Estate Roundtable. The topic will be “Short Sales and Foreclosure – Are they really a great deal?”  Guests include Yvonne Ward (AmeriTitle).   

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

(1) “SOLD” statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

¨        SOLD/Pending (past 90 days) – 193

o       Average price – $210,205

o       Median Sale Price – $194,450

o       Average Days on the Market – 133

o       Average Dollar per Square Foot - $127.63

¨        Current Active Listings – 450

o       Average Price of Active Listings - $257,530

o       Months of Inventory – 6.99

Corvallis

¨        SOLD/Pending (past 90 days) – 159

o       Average price – $292,571

o       Median Sale Price – $258,750

o       Average Days on the Market – 102

o       Average Dollar per Square Foot - $169.37

¨        Current Active Listings – 241

o       Average Price of Active Listings - $342,248

o       Months of Inventory – 4.55

Lebanon

¨        SOLD/Pending (past 90 days) – 53

o       Average price – $164,856

o       Median Sale Price – $145,100

o       Average Days on the Market – 120

o       Average Dollar per Square Foot – $113.80

¨        Current Active Listings – 161

o       Average Price of Active Listings - $186,269

o       Months of Inventory – 9.11

 Last show:      Saturday, September 27 – Stacy Hart, Washington Federal Savings was the guest and she provided an excellent overview of Bridge Loans and other options for home owners who want to take advantage of today’s Buyer’s Market, but don’t want to give up their leverage with a Contingent Offer. 

Upcoming Guests Scheduled:

Thursday, 02 October – Ana Norlander (Windermere, Willamette Valley).  The Earnest Money Agreement – an overview of the important clauses and decision points you need to understand as either a buyer or a seller.

Saturday, 11 October -  TBD

Thursday, 16 October – The Eugene real estate market.  What is going on there, and what it means to us in the Linn and Benton Counties.  Tentative guests include Kevin Simrin (Owner-ReMax Integrity)

Saturday, 25 October – Tentatively scheduled.  Michael Beerey and Erin Moseley (State Farm Insurance) The fundamentals of home owners insurance when you are buying a home.  Understanding flood insurance. 

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 has graciously offered to provide the Local Moving Services (packing not included) as well.  For more information, contact Dave at realestatetalk@kgal.com.

(1) “SOLD” statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

¨        SOLD/Pending (past 90 days) – 187

o       Average price – $211,864

o       Median Sale Price – $188,900

o       Average Days on the Market – 133

o       Average Dollar per Square Foot - $129.12

¨        Current Active Listings – 441

o       Average Price of Active Listings - $257,382

o       Months of Inventory – 7.07

Corvallis

¨        SOLD/Pending (past 90 days) – 161

o       Average price – $294,441

o       Median Sale Price – $260,000

o       Average Days on the Market – 105

o       Average Dollar per Square Foot - $170.32

¨        Current Active Listings – 251

o       Average Price of Active Listings - $343,169

o       Months of Inventory – 4.68

Lebanon

¨        SOLD/Pending (past 90 days) – 57

o       Average price – $163,666

o       Median Sale Price – $147,250

o       Average Days on the Market – 124

o       Average Dollar per Square Foot – $111.24

¨        Current Active Listings – 167

o       Average Price of Active Listings - $187,531

o       Months of Inventory – 8.79

 Last show:      Thursday, 18 September – Monthly Real Estate Roundtable. The topic will be “Short Sales and Foreclosure – Are they really a great deal?”  Guests include Yvonne Ward (AmeriTitle), Jason Cadwell (Prudential), and Joe Vincent (Town and Country).  *Encore airing on Saturday, 20 September.

Upcoming Guests Scheduled:

Saturday, 27 September – Stacy Hart (Washington Federal Savings), Bridge loans and other products and strategies for buying your next home without selling your current one.

Thursday, 02 October – Ana Norlander (Windermere, Willamette Valley).  The Earnest Money Agreement – an overview of the important clauses and decision points you need to understand as either a buyer or a seller.

Saturday, 11 October -  TBD

Thursday, 16 October – The Eugene real estate market.  What is going on there, and what it means to us in the Linn and Benton Counties.  Tentative guests include Kevin Simrin (Owner-ReMax Integrity)

Saturday, 25 October – Tentatively scheduled.  Michael Beerey and Erin Moseley (State Farm Insurance) The fundamentals of home owners insurance when you are buying a home.  Understanding flood insurance. 

(1) “SOLD” statistics include both SOLD and PENDING

(2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.

Albany

¨ SOLD/Pending (past 90 days) – 185

o Average price – $210,497

o Median Sale Price – $185,000

o Average Days on the Market – 134

o Average Dollar per Square Foot - $128.89

¨ Current Active Listings – 449

o Average Price of Active Listings - $259,417

o Months of Inventory – 7.28

Corvallis

¨ SOLD/Pending (past 90 days) – 163

o Average price – $296,460

o Median Sale Price – $260,000

o Average Days on the Market – 106

o Average Dollar per Square Foot - $171.46

¨ Current Active Listings – 245

o Average Price of Active Listings - $344,093

o Months of Inventory – 4.51

Lebanon

¨ SOLD/Pending (past 90 days) – 59

o Average price – $160,985

o Median Sale Price – $143,900

o Average Days on the Market – 126

o Average Dollar per Square Foot – $110.85

¨ Current Active Listings – 170

o Average Price of Active Listings - $185,398

o Months of Inventory – 8.64

Last show: Saturday, 13 September – Mary Hartley, ReMax Integrity will be in to talk with Dave about the upgrades and remodeling projects that add the most value

Upcoming Guests Scheduled:

Thursday, 18 September – Monthly Real Estate Roundtable. The topic will be “Short Sales and Foreclosure – Are they really a great deal?” Guests include Yvonne Ward (AmeriTitle) and Joe Vincent (Town and Country Realty).

Saturday, 27 September - TBD

Thursday, 2 October – Ana Norlander, Windermere Willamette Valley. The Earnest Money Agreement – an overview of the important clauses you need to understand, and the decisions you have to make as both a buyer and as a seller.

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