Lincoln County Weekly Real Estate Report – Tammy Gagne, Broker
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