This is a view of the past 11+ years, January 2005 to June 2016, total sales of new homes in the mid-Willamette Valley. 2015 numbers almost reached the 2007 level but fell below 2005-2006.
Our 2016 rate, if continued, for sales of all new home configs on-a-lot, would match 2012 levels! 2016 sales of new 3 bed, 2 bath, stick-built, on-a-lot could be near new low, just passing the 2011 level. Current prices exceed all past levels in these charts. Are prices too high? These graphs are based on sales of homes sold in the same year they are built.
Number of total actives this morning is 3029.
If you have been following our Active Properties Update pages then you know that I devote a lot of attention to posting up-to-the-half-hour updates on the market. These updates include many views that I hope you find helpful. You can find the link to the Active Properties Update pages in the main menu.
All numbers are based on my findings and may not agree with actual facts. Data is courtesy of Willamette Valley Multiple Listing Service which represents a subset of total real estate transactions in the area. Not to be viewed as investment advice. You have to make your own decisions.