This home now has a sale pending. Thinking about selling your Woodburn home? Get results by contacting Realtor Roy Widing with our WoodburnHomes.com sponsor, Certified Realty. Call Roy at 800-637-1950 or use the convenient form below.
2. Legalese, Sometimes with Different Rules for Each County and/or Municipality. Realtors use continually-updated forms written by experienced real estate attorneys designed specifically for regional transactions, with clarity and simplicity in mind. Such documents include important protections for both buyer and seller. While no document is perfect, Realtor forms include key clauses, like for home inspections and appraisals, along with arbitration/mediation mechanisms. These time-tested documents help prevent potential issues, while at the same time deterring ‘nuisance’ litigation.
3. More Accurate Pricing When Buying & Selling. These days the average Woodburn resident moves about every 6 years years or so. As with any activity, it’s easy to get rusty. Realtors are in the real estate market all day, every day. This means an experienced real estate agent can provide significant market awareness to help you price what’s likely to be your single largest investment.
Armed with access to multiple listing, sales and tax data, Realtors provide significant pricing experience and real life insights, whether you want to know what the property you’re selling is worth, or once you sell, how much to offer on the home you’re buying.
4. Objectivity. We all deal with subjectivity from time to time. Does your home smell? Perhaps you’ve gotten used to having multiple pets in your small home, don’t notice the mold growing in your bathroom, or haven’t realized how gloomy your living room appears. One role of a Realtor is to be helpfully honest. That means being truthful if there’s something you as a seller don’t see (or smell).
Most Homesellers Don’t Like A Rapidly Exiting ‘Conga Line’ of Mum Buyers
Far better to be forewarned and forearmed by your Realtor, than witness a rapidly exiting ‘conga line’ of mum homebuyers who don’t want to offend you. Or perhaps you don’t think disclosing settling water in your basement each Winter is a big deal. The reality is that disclosing such a potentially material fact is something dutiful agents will advise in order to keep you out of much hotter water after the sale.
5. Junk the Junk. Have you ever studied a real estate earnest money agreement (also called an EMA or purchase agreement), or seller’s ‘net sheet?’ Over the course of a transaction, it’s easy to accumulate an abundance of ‘junk’ fees. Count on your Realtor to go over such forms with you and assist in pre-emptively warning you. An experienced agent knows what’s ‘routine’ and what’s not.
6. Marketing. Even if a seller has a sense of what his or her home is worth, effectively reaching the the widest number of buyers increases your opportunity to find more motivated and qualified buyers, even creating a ‘bidding war.’ The simple act of listing your Woodburn home with a Realtor means your property is immediately promoted on a host of proven, effective home marketing venues. But it doesn’t stop there. Successful Realtors use many different tools to reach buyers for your specific property. As a Woodburn homeseller, also make sure your agent holds memberships in both of our regional multiple listing systems, one based in Portland and the other in Salem, since we’re located equidistant between these crucial homeselling systems. Otherwise, you risk having reduced market coverage for your property.
Connecting your property with the right buyer might mean the difference between a fast close at full price (or higher), compared to a continuous stream of ‘sale-fails’ where your property is needlessly taken off the market by buyers who were marginally qualified.
Calm Seas Never Made a Good Captain…or Realtor.
7. Experience. There is simply no substitute for ‘hands on’ real estate experience. If your home hasn’t sold, at what point should you consider a price adjustment? How much of a price adjustment is necessary? Is there something other than price causing my property not to sell? These are not new questions to an experienced agent, who can help address these and other important questions.
When it Matters, Experience is Good to Have on Your Side.
It’s comforting in especially difficult situations to rely on an experienced Realtor, who is the duly able real estate ‘captain’ of your transaction. When the need arises, most consumers prefer an experienced surgeon or pilot, so it’s understandable to want experienced representation with the important task of selling your home. It’s also helpful to know that a professional real estate agent makes the entire home selling process appear easier than it is.
Most people are nervous and ‘en garde’ when buying or selling a home.
The best way to navigate through a potentially difficult transaction is to be represented by one who has been over the road before. So whether you’re in negotiations with a ‘bargain hunting’ buyer, or experience an unpleasant ‘surprise’ in a home inspection, or get hit with a seriously low appraisal, each unique situation presents an opportunity for difficulty, or reaching common ground. Your Realtor can assist in ‘end gaming’ your best strategies and in dealing with a wide variety of buyer personalities.
Having a Realtor ‘Buffer’ Between Buyer & Seller Can Avoid Headaches
9. The ‘Buffer Effect.’ Having an agent represent you makes it easier to maintain civility between ‘warring’ parties. Ever say something you regret? An experienced Realtor can often use more constructive language to accomplish what might otherwise be considered an emotional and/or provocative comment.
10. More Money. National Association of Realtor statistics reveal that homesellers who use a Realtor actually net considerably more at closing than those who don’t, even after taking into account paying a commission. Consider that when banks (which are renowned for watching the ‘bottom line’) sell their foreclosed homes, they hire an expert, a Realtor. From a financial standpoint, it really does ‘pencil out’ to hire a Realtor.
Local Realtor Roy Widing
Thinking about selling your Woodburn area property? Contact Roy with Certified Realty, Oregon’s choice since 1950, using the form below for a free consultation.
While there is a case to be made for homeselling in each of Oregon’s four seasons, Winter is one of the most powerful times Woodburn sellers can place their home on the market and for ten very good reasons.
Price & Market Time. Statistics show homes sell faster and for more money in Winter. One way to understand this phenomenon is by considering a motorist with a flat tire in bad weather. That motorist has an urgent need and is less likely to haggle, or even seriously consider less expensive options, in order to meet an immediate need. Woodburn Winter homebuyers can experience the same kind of urgency and this helps to explain the premium that homes can command during the real estate ‘off season.’ Another way to look at the Winter market dynamic is if you want to buy snowshoes in July (at least in Woodburn), expect to pay more, since availability is typically lower.
High Quality Buyers. Because home touring is generally less convenient, there tend to be fewer ‘Looky-Loos’ during the Winter. This means Woodburn’s Winter homesellers have fewer buyers tracking dirt into their house, with less energy spent preparing for real estate ‘Tire-Kickers.’
Less Seller Competition. Let’s face facts: It’s convenient to sell in the Spring and Summer, especially around Woodburn. The weather is usually better, flowers are blooming and with plenty of homebuyers looking, it’s a ‘target-rich environment.’ Yet while it’s easier and more convenient to sell in sunny weather, this convenience often comes at the cost of increased competition from other sellers. Conversely, Woodburn Winter homesellers can expect fewer like-minded sellers competing for buyers. Just like the successful contrarian investor who sells when everyone else is not, avoiding a ‘herd mentality’ can pay off with a higher price and faster sale.
Higher Buyer Motivation. Is your idea of a fun time getting into a car on cold drizzly nights to look at houses? Probably not…unless you just got a job transfer. Or a nice raise. Or you received an inheritance and want to get out of your tiny apartment. It’s helpful for prospective Woodburn Winter homesellers to know that corporate relocations are common in the first quarter. Plus family changes can occur anytime and estates are settled year around.
The Hunt for Red December: Get a ‘Jump’ on the New Year’ s Competition. The best time to get your Woodburn property on the market could be when everyone else isn’t. Placing your home for sale in Winter gives you access to hyper-motivated buyers who have made homebuying a New Year’s resolution. That way, when these eager homebuyers begin their ‘hunt,’ your house will be a prime ‘target’ as visible as Rudolph’s nose. So if your home is market-ready and available to tour leading up to the New Year, expect to tap into this highly focused ‘pent up demand.’
Your Home Looks Inviting During the Holidays. Who doesn’t enjoy the happy glow of a Christmas tree or other holiday decorations, along with the pleasant smell of fresh-baked pumpkin pie, cinnamon buns, or a vanilla candle? Homes often look their most inviting during the holidays. And given the pleasant, even emotional attachment so many have during that time of year, expect some homebuyers to fully embrace the holiday theme of ‘Peace on earth, good will toward men.’ As a result, such positive feelings can spill over into the home selling process and make it easier.
Your Lawn & Landscaping is Virtually a Non-Issue. Forget to mow your lawn? No worries. Some Woodburn area homebuyers won’t care if they tour your property and it’s covered in snow, raining hard, or after sundown. Buyer landscaping expectations can be quite reasonable during Winter months around Woodburn.
When Your Home Sells, You May Buy With Less Competition. Few Woodburn area homesellers stop to consider that given good timing with their sale, their own future home purchase may also benefit from similar, unique seasonality. So depending on a variety of factors in the market where and when you buy, homesellers can sometimes take advantage of lower Winter activity levels to successfully negotiate with a motivated seller. This is because some sellers place their home on the market during Winter not for convenience, or desire to maximize their selling price, but from genuine need. In other words, they are highly motivated. Such homesellers could therefore provide a good buying opportunity.
Fewer people relocate in Winter, so this means you’re likely to have an easier time booking a mover. Competition for moving companies can be challenging during the real estate ‘high season.’ As a result, expect less difficulty scheduling your moving company when you sell in Winter.
You Can Dictate Which Days & Times Are Available for Showings. As a Woodburn homeseller, you typically have control over tour times and dates for your home. This includes during Winter months. Given holiday-related gatherings and events, buyers are likely to understand their need to schedule their tour of your home. Your Realtor can help by specifying days and times your home is available for showings. For example, you could have your house available for tours on Saturdays from 2 to 5pm, weekday mornings after 9:00am, or between 5 and 8pm weekday evenings.
Thinking about selling your Woodburn house this Winter? Use the convenient form below to contact veteran Realtor Roy Widing, host of the Oregon Real Estate Podcast for a FREE consultation!
A new report from the Regional Multiple Listing Service (RMLS) confirms that Woodburn, Oregon home values continue on the upswing. Home prices are up 12.1% over the past year, with the number of home sales up 28.1% in May, the most recent month recorded.
Helping to explain our pace of more than 1% annual home price increases is a relatively low regional supply of homes. Because a home supply lasting between 3 to 6 months is frequently cited as a ‘normal,’ our regional home inventory figure of 2.6 months suggests Woodburn area home sellers now have a slight advantage.
Thinking about selling your Woodburn area property in this terrific seller’s market? Contact Certified Realty for a free market analysis to find out what your property could sell for by using the convenient contact form below, or call (800) 637-1950.
Fresh figures were just released on Oregon’s real estate market by the Regional Multiple Listing Service, or RMLS. To put the results in a nautical vernacular, we remain ‘steady as she goes.’
Here’s a summary of our regional markets, including Portland, Salem and Woodburn.
Portland Metro Let’s begin with greater Portland, where our backlog of home supply is unchanged at 1.8 months.
This means our housing supply remains well below the oft-suggested ‘normal’ range of 3 to 6 months, especially when compared to years past. When the pipeline of homes is this low, it suggests we remain squarely in a ‘seller’s market.’
Along with housing inventory, home prices are another helpful indicator of market direction. The above chart is evidence of greater Portland’s sustained price growth, providing more confirmation of a ‘seller’s market.’
Greater Salem is also experiencing stable growth, as evidenced by little change in a relatively modest housing supply of 3.9 months as seen above, matched with an overall trend of increased home prices, seen below.
Time to Sell?
Thinking about selling your Woodburn property in this hot seller’s market? Whether you live in Woodburn or somewhere else, our WoodburnHomes.com sponsor, Certified Realty can help with a free consultation, provide information on your Oregon property’s value, or simply answer questions about steps in the home selling process.
Contact Certified Realty using the convenient form below, or call (503) 682-1083 today for smooth sailing ahead!
New figures were just released on Woodburn real estate and like a blossoming flower, they’re pretty to look at. Let’s begin by seeing what’s changed most dramatically.
Inventory Helping Woodburn home prices is a markedly decreased regional inventory of homes. An oft-quoted ‘normal’ home inventory range is 3 to 6 months of supply. Our region has just dipped below this and is trending toward inventory more commonly found in a ‘seller’s market.’ This reduction in competing homes for sale indicates a trend toward more buyers than sellers. This typically helps boost prices.
Woodburn By The Numbers
There’s a lot more to like in this new Woodburn real estate report, including the 9.9% increase in Woodburn home prices over the past year. Woodburn’s rate of home price increase dwarfs the surrounding area increase of 5.6%. As a result, Woodburn home prices are clearly growing better than average.
Like This Photo Courtesy of Wooden Shoe Tulips, Woodburn Home Values are Blossoming
But There’s More
As noted in the table above, with a reasonable 56 day average house marketing time and a healthy $192,700 average selling price, it’s clear that Woodburn real estate is performing nicely.
Thinking of Selling? Right now there are fewer homesellers competing for a growing number of Woodburn homebuyers. Given indications suggesting a ‘seller’s market,’ plus buyer-friendly low interest rates, this could be a terrific time to sell. Don’t delay. If competing inventory and interest rates jump, then ‘the bloom is off the rose.’
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Contact The Woodburn Experts
Contact our WoodburnHomes.com sponsor, Certified Realty using the convenient form below. They’ll provide you with a free consultation, including what your Woodburn area property could sell for in today’s market.
While real estate can seem complicated, there is a logical progression helpful to selling an Oregon home and it’s truly as simple as 1-2-3. The process between buyers and sellers is routinely described as a kind of dance, so let the waltzing begin.
Fundamentals There are plenty of related tasks associated with any real estate transaction, yet the key process that gets homesellers a workable offer can be simplified to three primary steps. Then, once a mutually accepted offer is in hand, the phase to close the sale begins. But the fundamentally crucial elements start long before that. Curious? Here we go:
This process looks simple and in a way, it is. So let’s break it down further.
The Home-Selling Waltz, Step by Step
First, it’s helpful to realize that buyers generally behave in somewhat predictable phases.This means they routinely go to Step 1 before Step 2, or Step 3. There is very little skipping around. For example, it’s uncommon for a buyer to start at Step 2, or leave out any steps. You’ll soon understand why.
Another important element to consider is when a homeseller’s efforts ‘stall’ at a certain step. Depending on a variety of factors, there is usually a good reason, which can be diagnosed by a Realtor experienced with key specifics of online buyer activity.
Step 1. Online Activity Recent statistics show that more than 92% of homebuyers search online for their next home, often before they even contact a Realtor. And though approximately 90% of homebuyers hire a real estate professional, they frequently continue their search online, while their agent matches properties to fit their needs.
Even Batman Doesn’t Have This In His Utility Belt Homesellers have a useful tool in their utility belt, since online buyer activity can be monitored to evaluate buyer response, or lack of it. That valuable tool is a daily report on buyer activity for your specific property.
As a result, your Realtor can provide you with regular updates on buyer Internet activity for your home and from a variety of sources. Some of these key sources include Realtor.com and the local multiple listing service. This data gauges if your property’s popularity is really ramping up, falling fast or simply ‘meh.’
Realtors who invest wisely in their business frequently subscribe to these proprietary services and can easily track your home’s online popularity to determine buyer response.
Step 2. Showing Activity The jump from online home searching to touring inside homes is a significant one. Since agents commit considerable time and effort and are usually paid only after a buyer purchases a home, this typically means touring buyers have also been pre-qualified by a lender. In other words, we’re now in the realm of a qualified home purchaser, who is ready, willing and able to buy. Research shows that the typical home buyer searches for 10 weeks and views 10 homes.
Step 3. Offer Activity The final leg in this three step journey is when an offer is written and submitted for the seller’s consideration. By writing an offer, this step also helps to confirm that the property is likely priced within a reasonably market-friendly range. For example, wildly over-priced homes don’t usually get much more than ‘low-ball’ offers, if any.
The End of the Beginning There is still plenty to do after Step 3, but an acceptable offer places the process into the remaining phases of a real estate transaction. These can include things like escrow, home inspection(s), a preliminary title report, appraisal, loan documents and closing.
Thinking about Selling? Call (503) 682-1083, or email Certified Realty for a free consultation on what your property could sell for in today’s market.
This just-listed home located in the Woodburn Estates senior community is spacious and affordable, with many updates, too.
Features of this roomy 1,192 square foot home include gleaming hardwood floors and landscaped backyard, 2 bedrooms and 2 bathrooms, plus a new roof, new air conditioning, new efficient forced air gas furnace and new gas water heater, too.
With a list price of $149,900, this home is certain to sell quickly.
For more information or your own personal tour, contact our sponsor, Certified Realty using the convenient form below, or call 503-682-1083.
Thinking about selling your Woodburn home? It’s a seller’s market and prices are up. Use the form below to contact our sponsor, Certified Realty, for a FREE report on what your Woodburn home could sell for in today’s market.
Our sponsor, Certified Realty recently sold this attractive home in Woodburn’s Tukwila neighborhood and can sell yours, too. Unlike so many properties that languish on the market unsold, this property had a sale pending in just three weeks!
Thinking of selling? Contact the ones who know how to sell Woodburn homes, our WoodburnHomes.com sponsor, Certified Realty! Simply use the convenient form below for a FREE report on what your Woodburn property could sell for in today’s market.
This attractive Woodburn home on 2+ acres now has a sale pending, thanks to our WoodburnHomes.com sponsor, Certified Realty.
Our Sponsor Sold This Woodburn Home & They Can Sell Yours, Too!
Located minutes from town on Meadow Lane, this property features a spacious well-maintained home, level fenced land, plus a roomy barn and garage, too.
This Woodburn Property Now Has A Sale Pending. Contact Certified Realty To Sell Yours Next!
Thinking about selling your Woodburn area property? Yours could be next! Contact Certified Realty. They’re the Woodburn experts who get results.Simply use the convenient form below for your FREE Woodburn real estate market analysis today.
New figures from the Regional Multiple Listing Service (RMLS) confirm Woodburn’s sustained home price growth.
Woodburn Year-to-Date Prices Are Up 17.1% – Click Image to Enlarge
The average Woodburn home sales price is now $180,600, an increase of more than $3,000 since last month alone. However, patience is being demanded of Woodburn homesellers, since RMLS statistics reveal the average days on market is now a leapyear-esque 366.
Regional Home Price Chart
As seen in the above regional home price chart, Woodburn appears to be experiencing less volatile price swings than other areas throughout the Willamette Valley. For example, in contrast to Woodburn’s solid home price performance, North Keizer experienced a -4.8% average year-to-date price change.
Oregon’s Choice Since 1950
Thinking of selling your Woodburn home? Contact our sponsor, Certified Realty using the convenient contact form below for a FREE report on what your Woodburn area property could sell for today.
Woodburn’s real estate market is more competitive than in years past and it’s now a bit akin to a footrace.
Woodburn’s housing market is becoming competitive
But it’s not just Woodburn. Real estate is heating up throughout the Willamette Valley. For example, instead of the usual 8.9 month backlog of homes in the most recent month tabulated, our regional housing supply has now been reduced by roughly 1/3 .
Months of regional home inventory
As a result of what could be moving toward a ‘seller’s market,’ home buyers throughout Woodburn and beyond are competing for fewer available homes. So if you’ll be buying a home anytime soon, make sure your offer is competitive. One way to do this is to hire a Realtor when both buying and selling. Curious about why this is important? Then read on.
How To Do It And Why While most home buyers need to sell their current property in order to buy another home, to be taken seriously by most home sellers, it’s crucial to have at least a pending sale on your current property before making an offer. As a result of this competitive market environment, it can make a difference to have a Realtor represent you when both buying and selling. You’re about to see one example why.
Transparency To convince a home seller that your offer is the best, a key factor is transparency. That’s because if you’re buying a home, there are likely to be other buyers also interested in the same property. Put yourself in a seller’s shoes. Before taking their property off the market, most sellers want assurance that an offer is likely to actually ‘close.’ As a result, they expect a certain amount of credible information to determine the likelihood of success.
What Not To Do Recently some ‘for sale by owner’ sellers were also purchasers. But they seriously hurt their odds to purchase the house they wanted by not hiring a Realtor to sell their property. Why? Since these buyers were selling ‘by owner,’ no reliable information on their unlisted property’s sale was available for the Realtor representing the seller of the house they wanted, to confirm their ‘pending sale’ status. Did they really have a ‘pending sale’ so they could proceed to purchase? Or was their ‘sale’ more of a handshake, riddled with contingencies? With no Realtor involved in a buyers’ sale transaction, it can be difficult to verify much at all.
Oregon’s natural beauty attracts many homebuyers
These ‘for sale by owner’ buyers did one thing right, as they hired a Realtor to represent them in making an offer. But due in part to their alleged ‘pending sale’not being managed by a Realtor to confirm the home inspection, appraisal, and buyer’s financing had been dealt with properly, along with what could have been unknown contingencies in their sale transaction, the ‘for sale by owner’ buyers’ offer was rejected.
Put your best foot forward. You’ll be later rewarded by being able to put both feet up!
Put Your Best Foot Forward Unlike those unsuccessful home buyers, you can put a good ending on your next transaction. The best solution when buying and selling a Woodburn home? Be competitive and hire an expert Realtor. Speak with experienced Realtors who specialize in Woodburn properties by contacting our WoodburnHomes.com sponsor, Certified Realty at 503-682-1083 or use the convenient form below.
New figures from the Regional Multiple Listing Service known as RMLS reveal a recent uptick in Woodburn area home inventory. Usually when the housing backlog rises, this means that prices decline. Yet, despite there being more homes for sale, year-to-date Woodburn home prices have grown markedly.
Woodburn Area Real Estate By The Numbers
Marion County home inventory remains significantly higher than neighboring counties and recently experienced a 17% housing backlog increase.
Regional Home Inventory
Regional home inventory is now at 6.1 months. This figure is considered by some real estate experts as close to ‘parity’ between buyers and sellers, where it is neither a ‘buyers’ or ‘seller’s market.
Click Image for Detail View
As seen in the above table, Woodburn home prices are up 20.3% over the past year.
New figures from the Regional Multiple Listing Service known as RMLS show a 20.3% annual increase in Woodburn home prices over the past year. With an average selling price of $177,200, Woodburn’s housing market is returning to what some describe as the ‘pre-2008 bust’ boom.
Making this phenomenon even more remarkable is that price increases usually don’t coincide with a rise in home inventory. Yet, our region has seen a recent increase to 6.1 months of housing backlog.
Predictions on Woodburn’s real estate market are difficult to make with accuracy. Take, for example, local weather forecasts. Even when armed with technology like detailed satellite images, plus wind, barometric and temperature data, weather forecasters can get it wrong…and that’s for predictions merely a week or two away!
Accurately Predicting Weather & Real Estate Trends Seems Easy
Predicting Woodburn’s Real Estate Trends Now imagine the difficulty in predicting real estate market activity a full year into the future. Along with seasonal influences, other challenges in real estate forecasting include changing interest and employment rates, ever-shifting home inventory levels, plus a myriad of lending regulations and the mysteries of the Federal Reserve’s monetary policy, just to name a few. Little wonder, then that some view real estate predictions as akin to flipping a coin or using a dart board.
Although Fun, Darts Are A Poor Choice For Accurate Real Estate Forecasting
Real Estate Forecasting: What Can Work While not foolproof, one generally helpful tool for predicting future real estate trends can be past real estate trends. Major unpredictable shifts occasionally occur, but the key word here is occasionally.
For example, the Great Recession that hit Woodburn and the rest of the country starting around 2007-2008 was our nation’s worst economic downturn since 1929. Thankfully we haven’t seen such financial meltdowns every year, or every decade, or even every half century. So aside from similar cataclysmic shifts, a certain degree of real estate predictability is possible.
Regional Home Price Chart Including Woodburn
Reasons For 2015 Woodburn Real Estate Optimism Several factors are coming together to provide for an optimistic New Year in our area. As you’ll see, some factors are under federal control and others occur locally, but each has an impact on Woodburn real estate. So if you’ve held off selling your Woodburn area home, here are four of them that portend a good 2015:
1. Credit Scores Loosen Most homebuyers need a home loan, generally known as a mortgage. The good news is that mortgage credit is becoming more available as lenders loosen credit requirements.
3. Consumer Optimism Recent figures from the National Association of Realtors confirm homebuyers are now more optimistic. This includes our area. When it comes to single family homes, the ‘Confidence Index’ chart below shows most states now have a majority level of optimism in their region, including ours.
Orange & Red = Strong Single Family Home Consumer Confidence
4. Home Inventory Drops Thanks to the reduced level of local new construction, home inventory in our region is lower. Due to seasonality, our most recent survey shows a reduction in properties for sale. Fewer properties means more of a seller’s market.
The Bottom Line If you’ve held off selling your Woodburn home because you were ‘under water,’ or concerned about the market being too low, now is a good time to consider re-evaluating.
Many Woodburn Homeowners Are No Longer ‘Under Water’
Woodburn’s real estate market has changed. Experts predict regional home price growth to continue at a steady, albeit slower pace through 2015. This seems likely, given Woodburn’s hard-to-sustain 21.5% year-to-date home price increase, according to the Regional Multiple Listing Service. For Woodburn, expect between 3% to 6% in 2015 home price appreciation.
The latest year-to-date average home price change for Woodburn is now 25.5%. This means the average Woodburn home has been increasing at a rate of more than 2% per month over the past year.
The substantial increase in Woodburn home values is assisted by a decline in regional housing inventory. Our area would now ‘run out of homes to sell’ in 6 months. This is our lowest backlog of housing in a year.
People Make Woodburn Special
Thinking about selling your Woodburn, Oregon home, lot or acreage? This could be a great opportunity, as Woodburn home prices are definitely up.
Oregon’s Choice Since 1950
Use the below form to contact Certified Realty, our WoodburnHomes.com sponsor. They’re happy to provide a FREE report on what your property could sell for in today’s market.
Fresh statistics on Woodburn, Oregon real estate confirm a trend of faster home sales, with prices up overall.
Click Image For Latest Report
Recent information released by the Regional Multiple Listing Service (RMLS) show the average market time to sell a Woodburn home is now 34 days.
Woodburn’s Average Home Market Time Is 34 Days
The average selling price for a Woodburn home is $173,700, an 8.9% increase over the past year.
Scenic Woodburn, Oregon
Thinking about selling your Woodburn property? Prices are up and now could be your best opportunity. Contact our sponsor, Certified Realty using the form below for a FREE report on what your property could sell for in today’s market.
The average price of a Woodburn home is now $173,700. This compares with the greater Salem area’s average price of $211,300. The average market time for a Woodburn home is now 34 days. This is brief by historical standards, especially given our region’s plentiful home supply of 7.5 months.
Regional Home Price Chart
The above blue line shows the average home price change for properties throughout our region. Home prices are making a comeback.
Thinking about selling your Woodburn home? You could sell your Woodburn home and be in your next home by Christmas.
Contact our sponsor Certified Realty using the form below for a FREE report on what your Woodburn home could sell for in today’s market.
A new report on Woodburn real estate was just released by Ticor Title Company. This local survey confirms a significant upward price trend for Woodburn homes over the past year.
Click Image For Report
According to this new report, the median list price for a Woodburn home is now $221,400. And the average market time to sell a Woodburn home? That figure is now at 98 days. View this new Woodburn real estate report here, or click on the image above.
Thinking about selling your Woodburn home and curious what it could sell for? Now could be the perfect time. Woodburn home inventory is low right now, meaning less competition among sellers.
Our WoodburnHomes.com sponsor, Certified Realty will provide you with a FREE report on what your Woodburn property could sell for in today’s market. Simply contact the Woodburn professionals at Certified Realty using the convenient form below.
Have you considered selling your Woodburn, Oregon home? Prices remain strong. Contact our WoodburnHomes.com sponsor, Certified Realty using the contact form below for a FREE report on what your Woodburn home could sell for in today’s market.
A new report on Woodburn real estate was just released by Ticor Title Company. This survey confirms a significant increase in Woodburn home prices over the past year.
Click Image to View The Full Report
The median list price for a Woodburn home is now $209,900. Other interesting information in the report shows the average market time for a Woodburn home is now 107 days, or about 3.5 months.
Thinking about selling your Woodburn home and curious what it could sell for? Now could be the perfect time, since Woodburn home inventory is lower right now and competition among sellers has diminished. It’s now more of a seller’s market.
Our WoodburnHomes.com sponsor, Certified Realty will provide you with a FREE report tailor-made for your own property. For your FREE report, simply contact your Woodburn real estate experts at Certified Realty using the convenient form below.
New figures on Woodburn, Oregon real estate are now available. While the results are a bit mixed, there’s plenty of room for optimism as we head into what is traditionally one of our best seasons for Willamette Valley real estate.
Woodburn’s Historic Settlemier House
Woodburn Home Sales Up The good news is that Woodburn home sales are up dramatically. View the full report on Woodburn real estate here, or by clicking on the Market Action image below and check out page 2 for specifics on other local towns and neighborhoods.
Click Image For Free Report
In fact, home sales are up 21.9% compared to the prior month tabulated. It’s more than a passing trend, too, because over the prior year, the number of sold Woodburn homes is up 19.3%.
Woodburn Home Statistics-Click to Enlarge
Inventory A FactorLess noteworthy is the change in Woodburn home prices. This is likely due in part to the still significant backlog of homes on the market throughout the region. As a result, Woodburn homesellers are competing in earnest with each other and it remains a buyer’s market. Our region also has 6.3 months of housing backlog to work through.
Regional Home Inventory in Months
Woodburn Home Prices Mixed
According to the Regional Multiple Listing Service (RMLS), Woodburn home prices have changed by -2.7% over the past year.More encouraging is the change in local prices over the prior month tabulated. The Willamette Valley Multiple Listing Service (WVMLS) reports Woodburn homes are selling 1% higher over the most recent month.
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