WEATHER IN LINCOLN COUNTY


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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
5/16/2016 to  5/23/2016

RESIDENTIAL UNITS
FOR SALE                                                1008
SALES PENDING                                    255
SOLD – May 16 to May 23                       23
2016 YEAR TO DATE SOLD                  414
2015 YEAR TO DATE  SOLD                 389
LOTS AND LAND
FOR SALE                                                695
SALES PENDING                                    23
SOLD – May 16 to May 23                       2
2016 YEAR TO DATE SOLD                  78
2015 YEAR TO DATE SOLD                  85

MORTGAGE RATES
30YR FIXED – 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  $270,483.  Average days on the market to sell is 176 days. Interest rates remain below 4%. Market remains strong in the residential home sales. Land sales still slower than last year at this time.
Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040

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