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Lincoln County Weekly Real Estate Report – Tammy Gagne, Broker

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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
3/27/2016 to 4/3/2016

RESIDENTIAL UNITS
FOR SALE                                                 910
SALES PENDING                                     209
SOLD – March 27 to April 3                     32
2016 YEAR TO DATE SOLD                  260
2015 YEAR TO DATE  SOLD                 227
LOTS AND LAND
FOR SALE                                                653
SALES PENDING                                      32
SOLD – March 13 to March 20                  2
2016 YEAR TO DATE SOLD                    43
2015 YEAR TO DATE SOLD                    56

Mortgage Rates
30YR FIXED – 3.625%
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  $265,867.  Average days on the market to sell is 181 days. Home sales continue to be very strong. Lot and land sales are still lagging behind last years numbers.

Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040

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