Lincoln County Weekly Real Estate Report – Tammy Gagne, Broker

Sep 18, 2016 | Daily News

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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
9/12/2016 to  9/19/2016

RESIDENTIAL UNITS
FOR SALE                                              1101
SALES PENDING                                   296
SOLD – September 12 – 19                       22
2016 YEAR TO DATE SOLD                 857
2015 YEAR TO DATE  SOLD                875
LOTS AND LAND
FOR SALE                                                680
SALES PENDING                                     47
SOLD –September 12 -19                           8
2016 YEAR TO DATE SOLD                 163
2015 YEAR TO DATE SOLD                 180

Year to date sales continue to fall behind last years numbers . Average time on the market for residential homes to sell is 170 days. Average sales price for residential homes is $276,653
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