Tuesday, January 19, 2016

Home sale closings in Lane County set record. #lanecounty #eugeneoregon #realestate #sales #housingmarket

Lane County’s real estate market in December completed another robust year, with a 3.4 percent increase in home prices in 2015, and more sales and listings compared to the year earlier.
Home buyers paid an average price of $243,500 last year compared to $235,600 in 2014, the Regional Multiple Listing Service said in a year-end report released Friday.

Total closed sales were up 27 percent and listings increased by 10 percent over 2014,
In Lane County, McKenzie Valley residential properties sold for an average of $328,000, tops in the county, RLMS said. The average sale price for that area rose 14.8 percent from 2014.
Residential properties in Florence’s Coast Village development, which includes mobile homes and manufactured homes, sold for an average price of $78,100, the lowest average price in the county, but 33.5 percent higher than 2014, according to RLMS.
In Eugene, average sale prices ranged from $160,800 in the Danebo area of west Eugene to $321,800 in the north Gilham Road area.
Average prices in Danebo rose 1.6 percent, while average prices fell 1.4 percent in north Gilham, according to RLMS.
In Springfield, properties sold for an average of $171,200, up 3.1 percent, RLMS said. At $227,000, the average sale price of homes in the Hayden Bridge area of Springfield grew 1 percent.
Home sale closings throughout the county were particularly strong in December, RMLS noted
In the month, 394 closings were recorded, 36 percent ahead of December 2014 closing, and the “strongest December for closings in Lane County on the RMLS record,” which dates to 2001.

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