Lincoln County Real Estate Report – Tammy Gagne, Broker

Mar 13, 2016 | Daily News

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LINCOLN COUNTY REAL ESTATE
Weekly Market Report
Data provided by Lincoln County Board of Realtors
Prepared by Tammy Gagne – Advantage Real Estate
3/6/2016 to  3/13/2016

RESIDENTIAL UNITS
FOR SALE                                                889
SALES PENDING                                    236
SOLD – March 6 to March 13                 10
2016 YEAR TO DATE SOLD                 167
2015 YEAR TO DATE  SOLD                159
LOTS AND LAND
FOR SALE                                                657
SALES PENDING                                    27
SOLD – March 6 to March 13                  3
2016 YEAR TO DATE SOLD                  31
2015 YEAR TO DATE SOLD                  44

Today’s Best-Execution Rates
30YR FIXED – 4.125%
FHA/VA – 3.75%
15 YEAR FIXED –  3.25%
5 YEAR ARMS –  3.0% – 3.50% depending on the lender

Average sold price of residential homes is  $267,082.  Average days on the market to sell is 179 days. Residential home sales remain steady. Land sales continue to fall behind last years closed.
Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040