WEATHER IN LINCOLN COUNTY


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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
4/24/2016 to  5/2/2016

RESIDENTIAL UNITS
FOR SALE                                                966
SALES PENDING                                    239
SOLD – April 24 to May 2 18
2016 YEAR TO DATE SOLD                  350
2015 YEAR TO DATE  SOLD                 315

LOTS AND LAND
FOR SALE                                                674
SALES PENDING                                    29
SOLD – April 24 to May 2                       7
2016 YEAR TO DATE SOLD                  61
2015 YEAR TO DATE SOLD                  72

MORTGAGE RATES
30YR FIXED – 3.625% – 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  $268,243.  Average days on the market to sell is 178 days. Many sales pending in the residential home sales as this time. Inventory is reducing quickly. Prices are beginning to rise in most areas slightly.
Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040

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