WEATHER IN LINCOLN COUNTY

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Weekly Real Estate Report: Tammy Gagne, Realtor

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LINCOLN COUNTY REAL ESTATE
Weekly Market Report
Brought to you by Tammy Gagne – Advantage Real Estate
11/15/2015 – 11/22/2015

RESIDENTIAL UNITS
FOR SALE                                               1009
SALES PENDING                                    197
SOLD 11/15/2015 to 11/22/2015               15
2015 YEAR TO DATE SOLD               1110
2014 YEAR TO DATE SOLD                878

UNDEVELOPED LAND AND LOTS
FOR SALE                                                678
SALES PENDING                                     24
SOLD 11/15/2015 to 11/22/2015                4
2015 YEAR TO DATE SOLD                221
2014 YEAR TO DATE SOLD                139

INTEREST RATES
30YR FIXED – 4.0%
FHA/VA – 3.75%
15 YEAR FIXED – 3.25%
5 YEAR ARMS – 2.75% – 3.25% depending on the lender.

Average sold price of residential homes is $262,587 Average days on the market to sell is 191 days. The market is slowing down going into the holiday season, which is normal for this time of year. Some sales have are experiencing longer closing times due to a shortage of appraisers in this area.

*Data obtained from Lincoln County Multiple Listing Service Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040

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