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
9/19/2016 to 9/26/2016
RESIDENTIAL UNITS
FOR SALE 1101
SALES PENDING 302
SOLD – September 19 to September 26 26
2016 YEAR TO DATE SOLD 888
2015 YEAR TO DATE SOLD 898
LOTS AND LAND
FOR SALE 684
SALES PENDING 41
SOLD –September 19 to September 26 8
2016 YEAR TO DATE SOLD 169
2015 YEAR TO DATE SOLD 184
Year to date sales continue to fall behind last years numbers , however the pending sales are unusually large at this time. Due to the very long waiting period many escrows are taking over 60 days to close. When the pending sales close, then we will be will over the number of closed sales of last year. Interest rates continue to remain very low.
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
