WEATHER IN LINCOLN COUNTY

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Weekly Lincoln County Real Estate Report – Tammy Gagne, Broker

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LINCOLN COUNTY REAL ESTATE Weekly Market Report
Brought to you by Tammy Gagne – Advantage Real Estate
11/29/2015/2015 to 12/6/2015

RESIDENTIAL UNITS
FOR SALE 893
SALES PENDING 188
SOLD 11/29/2015 to 12/6/2015 20
2015 YEAR TO DATE SOLD 1119
2014 YEAR TO DATE SOLD 899

UNDEVELOPED LAND AND LOTS

FOR SALE 671
SALES PENDING 22
SOLD 11/29/2015 to 12/6/2015 4
2015 YEAR TO DATE SOLD 228
2014 YEAR TO DATE SOLD 145

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 $263,982 Average days on the market to sell is 188 days. Mortgage rates took a jump to the highest rate we’ve seen in 2 years last week, and then fell right back ending the week with no change over last week’s numbers.

*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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