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Show Archive Page April 2007

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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.

Dave's Weekly Local
Real Estate Market Update
Archives: April 2007

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Market Update: Aired for April 28 2007

Albany

  • 359 total active homes on the market today (last week - 331; net gain of 28)
  • $264,000 - Average price of the current market
  • $137.50 - Average $ per square foot
  • 89.85 - Average Days on the Market
  • From April 01 2006 to April 01 2007 - 953 homes SOLD; 150 from February 01 to April 01

Corvallis

  • 119 total active homes on the market today (last week - 115; net gain of 3)
  • $365,200 - Average price of the current market
  • $180.08 - Average $ per square foot
  • 74.8 - Average Days on the Market
  • From April 01 2006 to April 01 2007 - 642 homes SOLD; 68 from February 01 to April 01

Lebanon

  • 130 total active homes on the market today (last week - 136 ; net loss of 6)
       *2 weeks in a row of declining inventory
  • $235,342 - Average price of the current market
  • $136 - Average $ per square foot
  • 72.81 - Average Days on the Market
  • From April 01 2006 to April 01 2007 - 300 homes SOLD; 45 from February 01 to April 01

Statistics for April 21 2007

Albany

331 total active homes on the market today (last week - 318; net gain of 13)

$264,704 - Average price of the current market

$137.46 - Average $ per square foot

89.85 - Average Days on the Market

From April 01 2006 to April 01 2007 - 953 homes SOLD; 150 from February 01 to April 01

Corvallis

115 total active homes on the market today (last week - 118; net loss of 3)

$363,577 - Average price of the current market

$179.23 - Average $ per square foot

74.8 - Average Days on the Market

From April 01 2006 to April 01 2007 - 642 homes SOLD; 68 from February 01 to April 01

Lebanon

136 total active homes on the market today (last week - 124 ; net loss of 12)

$237,985 - Average price of the current market

$135.71 - Average $ per square foot

72.81 - Average Days on the Market

From April 01 2006 to April 01 2007 - 300 homes SOLD; 45 from February 01 to April 01.


Statistics for April 14 2007

Since the last update we have added an additional 59 homes to the residential real estate market; 27 in Albany, 19 in Corvallis, and 13 in Lebanon.

This brings the total active residential listings to 560!

Albany - 318 homes,average price of $262,500, $136/square foot.

Corvallis - 118 active listings, average sales price of $365,400,

$177/square foot. Lebanon - 124 active listings, average sales price of $239,000, $135/square foot.

Last week

59 new listings in the past 7 days

38 listings reported SOLD in the past 7 days

Albany - 16 (net gain of 11) - Evaluated as a buyer's market overall

Corvallis - 17 (net gain of 2) - Evaluated as a seller's market

Lebanon - 5 (net gain of 12) - Evaluated as a seller's market, although trending toward a marginal buyer's market

Statistics for April 7 2007

64 new residential properties on the market in the mid-Valley. Albany saw 26 new homes, Corvallis had 13, and 25 new homes in Lebanon.

Albany - Marginal Buyer's Market
Average price of new listings is $195,000;
Average dollar per square foot value is $143.
Price range of new listings from $80,000 to $360,000
6 Homes SOLD

Corvallis - Solid Seller's Market
Average price of new listings is $342,000
Average dollar per square foot of $178.4 dollars
Price range of new listings from $193,500 to $550,000
5 Homes SOLD

Lebanon - Marginal Seller's Market
Average price of new listings is $216,000
Average dollar per square foot of $133
5 Homes SOLD

*The inventory in all 3 of our areas is continuing to rise overall. Mortgage Rate Information:

Conforming interest rates were flat at 5.875% most of this week, but Friday Job creation numbers put some upward pressure on rates. It is still possible to get 5.875% as of Friday, 6 April...but if the trend continues, rates may move up next week. Quoted rates are without paying any discount points for a lower rate, and are as of 4/6/07.


The Weekly Local Real Estate Market Update airs the first segment of the show from 10:06 to 10:15am every Saturday.

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.


Real Estate Talk brought to you by:

The Weed Man

Calegon Mortgage Group 258-5756

Aloha Blinds and Designs 619-3785

Pinnacle Mortgage in Corvallis and Albany 791-4343



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