june-market-action-courtesy-of-off-and-running2June Residential Highlights
Sales activity in Lane County was
mixed in June, when compared with
June 2008. Pending sales grew 12.8%,
while closed sales dropped 7%. New
listings also fell 22.5%.
On the other hand, comparing
June 2009 with May 2009, closed sales
grew 18.6% (293 v. 247) and pending
sales were up 10% (352 v. 320). New
listings increased 6.5% (560 v. 526).
At the month’s rate of sales, the
1,998 active residential listings would
last approximately 6.8 months, its
lowest point since August 2007.
