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Real Estate Inventory | Communities of Albany, North Albany, Corvallis and Lebanon, Oregon for January 2015

January Absorption Rates:  Same Story, New Month

Absorption rates are a strong indicator as to the condition of the real estate market. And these numbers really tell the tale. Inventory is limited. It’s a very strong seller’s market in most of the Mid-Willamette Valley.

Homes that are priced right, positioned properly and exposed to the market are selling quickly and often with multiple offers.  A low inventory market is not the time to over-price a home (because buyer’s will tend to sit on the sidelines rather than pay too much and there could be issues with the appraisal, ultimately leading to a financing problem), but certainly it is an opportunity for sellers to maximize their position.  Qualified buyers are out looking, markets have improved. If you’ve been waiting for the “right” time to sell, now is the time.

If you’d like to discuss the market conditions in relation to your specific needs (or would like a no cost – no obligation market analysis) please let me know.  

Absorption rate Albany Oregon January 2015

 

 

 

 

 

 

 

 

Absorption Rates North Albany Oregon January 2015

 

 

 

 

 

 

 

 

 

Absorption Rates Corvallis Oregon January 2015

 

 

 

 

 

 

 

 

 

Absorption Rates Lebanon Oregon January 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Includes all single-family residential properties on less than two acres as reported by WVMLS.

Information taken from Willamette Valley Multiple Listing Service (WVMLS) 2/8/2015
Willamette Valley Months of Inventory by Price Range

Calculations based on most recent 6 month’s data

 

 

About Dava Behrens

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