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
7/18/2016 to  7/25/2016

RESIDENTIAL UNITS
FOR SALE                                             1095
SALES PENDING                                 269
SOLD – July 18 to July 25                     19
2016 YEAR TO DATE SOLD                655
2015 YEAR TO DATE  SOLD               641
LOTS AND LAND
FOR SALE                                               701
SALES PENDING                                   27
SOLD – July 18 to July 25                       6
2016 YEAR TO DATE SOLD                120
2015 YEAR TO DATE SOLD                132

Year to date lots and land sales are falling behind last years 2015 sales. Home sales are steady and nearly mirroring the total number of sales as last year. Average time on the market for residential homes to sell is 176 days. Average sales price for residential homes is $275,851.

MORTGAGE RATES
Today’s Best-Execution Rates
30YR FIXED – 3.5%
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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