Weekly 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
3/13/2016 to 3/20/2016
RESIDENTIAL UNITS
FOR SALE 899
SALES PENDING 221
SOLD – March 13 to March 20 16
2016 YEAR TO DATE SOLD 193
2015 YEAR TO DATE SOLD 179
LOTS AND LAND
FOR SALE 665
SALES PENDING 26
SOLD – March 13 to March 20 3
2016 YEAR TO DATE SOLD 37
2015 YEAR TO DATE SOLD 46
Today’s Best-Execution Rates
30YR FIXED – 3.625% – 3.875%
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 $266,696. Average days on the market to sell is 178 days. Nearly 25% of the Residential homes are pending a sale. An indication prices will begin to rise as inventory decreases.
Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040