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Show Archive Page March 2007
Join Dave Pautsch for Real Estate Talk, It's live and local.
1580 KGAL's Real Estate Talk is the Mid-Willamette Valley's radio resource for homebuyers, sellers, and owners.
Hosted by: Dave Pautsch, MBA, CSP, Realtor(r) Conser Realty & Associates Real Estate Talk is your radio resource throughout the real estate life-cycle. It's Live, Local Radio every Saturday morning at 10:06.
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If you have a question concerning real estate, home ownership, or financing please send an e-mail us: realestatetalk@kgal.com. Each week, Dave will be answering questions on the air from your emails.
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Dave's Weekly Local
Real Estate Market Update
Archives: March 2007
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Market Update: Aired for March 31, 2007
The big picture for the mid-Valley: 511 current active residential listings.
The total value of the active inventory is just under 145 MILLION dollars, with an average price of $283,000.
Corvallis
o 110 active listings - average price of $366,600
o 68 homes are priced at or above $275,000
o 40 homes between $175 and 275,000
o 2 homes priced less than $175,000.
o Since 1 January 2007 95 residential sales have closed - average price of $298,000
o Average dollar per square foot $160
o Average pace -109 days.
o Current Months of Inventory: 3.02 months of inventory, suggesting a seller's market is still in effect.
Albany
o 290 active listings - average price of $267,000
o 98 homes at or above $275,000
o 144 homes between $175 and 275,000
o 48 homes priced below $175,000
o Since January 1 2007 179 residential sales have closed - average sales price of 205,300 dollars
o Average dollar per square foot $127
o Average pace - 137 days.
o Current Months of Inventory: 6.4 months of inventory, right at the tipping point of a buyer's market.
Lebanon
o 110 active listings - average price is $236,500.
o 29 homes greater than $275,000
o 40 homes between $175 and 275,000
o 41 homes less than $175,000
o Since January 1, 2007 - 57 closed sales and an average sale price of almost $152,000
o Average $116 per square foot.
o Average pace - 101 days.
o Current Months of Inventory - 3.3 months of inventory, suggesting a seller's market
Statistics for February 2007 (Update Aired 3/3/2007)
Lebanon
23 SOLD
15 < $175,000
7 - 175 and 275,000
1 > $275,000
6 Pending or Contingent
Average sale price $174,900
Average Days on the Market 110
25 new ACTIVE listings (141 total active listings) - average list price of $189,000.
Corvallis
33 SOLD
2 < $175,000
10 - $175 - 275,000
21 > $275,000
11 Pending or Contingent
Average sale price $330,700
Average days on the Market - 121
30 new ACTIVE listings (121 total active listings) - average list price of $308,000
Albany
48 SOLD
20 < $175,000
22 - $175 - 275,000
6 > $275,000
24 Pending or Contingent
Average sale price $197,000
Average days on the market - 150
86 new ACTIVE listings (296 total active listings) - average price $235,000
Join us for the Real Estate Minute, at about 8:50am, Monday - Friday on 1580 KGAL during the morning update featuring Local News, Weather and Sports with Radio Ray and Weldon Greig.
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Note: As of June 1, 2007 we moved the MP3 Audio Archive (Podcast) listings for Real Estate Talk to it's own web page.
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Church of the
Beaver Believer
With the
Reverend Orange and Black
Check out this year's Church of Oregon State Beaver Fans, the Church of the Beaver Believer or COBB with the Reverend Orange and Black. Some of the Reverend O and B's guests include Bill O'Reilly, Regis and more.
We have even more Mp3 files / Podcasts of the "Church" going back to 2001.
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