Tuesday, November 17, 2009
by Cathy Watkins
The newest RMLS Lane County Market Action report came out this last weekend! Here are some of the highlights.
Inventory is now at 6.2 months. This is fairly low. The last time inventory was under 6.2 months was in July of 2007. At that time the inventory was at 6 months. Might be a good time to consider putting a property on the market!
When we compare October 2009 with October 2008, we see that pending sales fore 41.7% and closed sales increased by 5.7%. Total market time is down 4.1 % This means days on market October 2009 was at 107 and day on market October 2008 was 112.
For a complete report, call 541-284-4132 or email me at cathyreal@comcast.net. I will send you a complete report and will be happy to discuss all your real estate needs.