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Show Archive Page August 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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ARCHIVES of Dave's Weekly Local
Real Estate Market Update
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Update for: August 25, 2007
Albany
- SOLD/Pending (past 90 days) - 311
- Average price - $221,424
- Average Days on the Market - 112.82
- Average Dollar per Square Foot - $133.23
- Current Active Listings - 432
- Average Price of Active Listings - $258,851
- Months of Inventory - 4.17
Corvallis
- SOLD/Pending (past 90 days) - 218
- Average price - $307,806
- Average Days on the Market - 85.46
- Average Dollar per Square Foot - $170.66
- Current Active Listings - 214
- Average Price of Active Listings - $370,802
- Months of Inventory - 2.94
Lebanon
- SOLD/Pending (past 90 days) - 72
- Average price - $155,751
- Average Days on the Market - 85.46
- Average Dollar per Square Foot - $120.35
- Current Active Listings - 161
- Average Price of Active Listings - $223,551
- Months of Inventory - 6.71
(1) "SOLD" statistics include both SOLD and PENDING. (2) Months of Inventory Calculation based on the rate of sales in the previous 90 days.
Update for: August 18, 2007
Albany
- SOLD/Pending (past 90 days) - 315
- Average price - $223,128
- Average Days on the Market - 114.14
- Current Active Listings - 413
- Average Price of Active Listings - $254,880
- Months of Inventory - 3.93
Corvallis
- SOLD/Pending (past 90 days) - 217
- Average price - $307,389
- Average Days on the Market - 82.83
- Current Active Listings - 214
- Average Price of Active Listings - $368,191
- Months of Inventory - 2.96
Lebanon
- SOLD/Pending (past 90 days) - 69
- Average price - $154,693
- Average Days on the Market - 82.83
- Current Active Listings - 161
- Average Price of Active Listings - $220,278
- Months of Inventory - 7.00
Update for: August 11, 2007
Note: In an effort to make these market updates more valuable for you, I've made 2 changes to the statistical model. You should understand that these changes could impact your tracking of the recent trends.
(1) I am now including both SOLD and PENDING data into the "SOLD" statistic; this should reduce the skew that results from the time-lag of getting things entered into the MLS
(2) I have standardized the Months of Inventory Calculation based on the rate of sales in the previous 90 days.
Albany
- SOLD/Pending (past 90 days) - 321
- Average price - $222,504
- Average Days on the Market - 112.6
- Current Active Listings - 402
- Average Price of Active Listings - $255,010
- Months of Inventory - 3.76
Corvallis
- SOLD/Pending (past 90 days) - 217
- Average price - $313,545
- Average Days on the Market - 82.2
- Current Active Listings - 192
- Average Price of Active Listings - $376,137
- Months of Inventory - 2.65
Lebanon
- SOLD/Pending (past 90 days) - 73
- Average price - $155,926
- Average Days on the Market - 100.6
- Current Active Listings - 147
- Average Price of Active Listings - $223,097
- Months of Inventory - 6.0
August 4, 2007
Albany
- SOLD (July 2007) - 65
- Average price - $222,553
- Average Days on the Market - 107
- Current Active Listings - 393
- Average Price of Active Listings - $256,131
- Months of Inventory - 5.2
Corvallis
- SOLD (July 2007) - 58
- Average price - $301,276\
- Average Days on the Market - 77.57
- Current Active Listings - 195
- Average Price of Active Listings - $370,922
- Months of Inventory - 3.8
Lebanon
- SOLD (July 2007) - 26
- Average price - $159,883
- Average Days on the Market - 123.5
- Current Active Listings - 152
- Average Price of Active Listings - $221,108
- Months of Inventory - 6.3
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