Lincoln County Real Estate Report – Tammy Gagne, Broker
LINCOLN COUNTY REAL ESTATE
Weekly Market Report
Data provided by Lincoln County Board of Realtors
Prepared by Tammy Gagne – Advantage Real Estate
2/28/2016 to 3/6/2016
RESIDENTIAL UNITS
FOR SALE 863
SALES PENDING 215
SOLD – FEB 28 TO MARCH 3 13
2016 YEAR TO DATE SOLD 154
2015 YEAR TO DATE SOLD 144
LOTS AND LAND
FOR SALE 647
SALES PENDING 22
SOLD-FEB 28 TO MARCH 6 5
2016 YEAR TO DATE SOLD 27
2015 YEAR TO DATE SOLD 38
Today’s Best-Execution Rates
30YR FIXED – 3.75%
FHA/VA – 3.25%-3.5%
15 YEAR FIXED – 3.00%
5 YEAR ARMS – 2.75% – 3.25% depending on the lender
Average sold price of residential homes is $267,580. Average days on the market to sell is 180 days. Residential home sales continue to be strong and ahead of this time last year. Lot and land sales are slightly below last year to date.
Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040