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
8/8/2016 to  8/15/2016

RESIDENTIAL UNITS
FOR SALE                                                1108
SALES PENDING                                    291
SOLD – August 8 to August 15                17
2016 YEAR TO DATE SOLD                  730
2015 YEAR TO DATE  SOLD                 727

LOTS AND LAND
FOR SALE                                                695
SALES PENDING                                     25
SOLD – August 8 to August 15                 4
2016 YEAR TO DATE SOLD                 136
2015 YEAR TO DATE SOLD                  154
Home sales up to $250,000 continue to be in the highest demand and inventory in that price range is low. Higher end homes continue to take much longer to sell. Total sales year to date is nearly the same as last year at this time. Average time on the market for residential homes to sell is 175 days. Average sales price for residential homes is $274,739.
MORTGAGE RATES
Today’s Best-Execution Rates
30YR FIXED – 3.375%
FHA/VA – 3.0 – 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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