Real Estate Market Takes a Breath After Months of Gasping
The Real Estate Market is experiencing a bit of a lull this month, across most categories. The average sales price is up to $403,246.62 in Albany and up to $49,4963.46 in Corvallis. Median home prices fell to $380,000.00 in Albany, and increased very slightly in Corvallis to $464,750. In Albany, average days on market fell to 51 days, as well as in Corvallis to 66 days.
In Lebanon over the last 90 days, the average home price is up to $338,467.69, with the median sales price up by quite a bit at $339,000. Homes are still spending an average of 53 days on the market in Lebanon.
The number of listings on the market rose again to 45 listings active in the MLS in Albany, equaling slightly under half of a month of inventory. There are 52 active listings in Corvallis, just over half a month of inventory. In Lebanon there are currently 23 active…