WEATHER IN LINCOLN COUNTY

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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
5/9/2016 to  5/16/2016

RESIDENTIAL UNITS
FOR SALE                                                1010
SALES PENDING                                    252
SOLD – May 9 to May 16 17
2016 YEAR TO DATE SOLD                  388
2015 YEAR TO DATE  SOLD                 358
LOTS AND LAND
FOR SALE                                                683
SALES PENDING                                    23
SOLD – May 9 to May 16                         6
2016 YEAR TO DATE SOLD                  76
2015 YEAR TO DATE SOLD                  79

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  $267,879.  Average days on the market to sell is 179 days. Home sales are still active and brisk and only slightly above last year at this time. Land sales remain slower than last year, but seem to be picking up over the past month in pending sales.
Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040

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