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
6/27/2016 to  7/5/2016

RESIDENTIAL UNITS
FOR SALE                                               1064
SALES PENDING                                   242
SOLD – June 27 to July 5                        22
2016 YEAR TO DATE SOLD                 583
2015 YEAR TO DATE  SOLD                556

LOTS AND LAND
FOR SALE                                               691
SALES PENDING                                   33
SOLD – June 27 to July 5                        2
2016 YEAR TO DATE SOLD                103
2015 YEAR TO DATE SOLD                117
Average time on the market for residential homes to sell 174 days. Average sales price for residential homes is $271,919. Following the Brexit news interest rates were brought right to the brink of all-time lows going into the 4th of July weekend.

MORTGAGE RATES
Today’s Best-Execution Rates
30YR FIXED – 3.375%
FHA/VA – 3.25%
15 YEAR FIXED – 2.75%
5 YEAR ARMS –  2.75 – 3.25% depending on the lender

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

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