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Weekly Lincoln County 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
4/3/2016 to  4/10/2016

RESIDENTIAL UNITS
FOR SALE                                                936
SALES PENDING                                    215
SOLD – April 3 to April 10                      20
2016 YEAR TO DATE SOLD                  286
2015 YEAR TO DATE  SOLD                 244

LOTS AND LAND
FOR SALE                                                670
SALES PENDING                                    30
SOLD – April 3 to April 10                      3
2016 YEAR TO DATE SOLD                  48
2015 YEAR TO DATE SOLD                  60

MORTGAGE RATES
30YR FIXED – 3.625%
FHA/VA – 3.25%
15 YEAR FIXED – 2.875 – 3.00%
5 YEAR ARMS –  2.75 – 3.25% depending on the lender

Average sold price of residential homes is  $266,132.  Average days on the market to sell is 180 days. Home sales continue to be very strong especially for homes up to $250,000. 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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