Woodburn Home Selling Season Arrives

This week marks the arrival of Spring, presenting sellers of Woodburn homes with some of our best home selling weather. As a result, this is traditionally the time of year when many Woodburn home sellers consider placing their property on the market.

Woodburn Homes Woodburn Real Estate

Spring Arrives in Woodburn

Better weather can only help the market for Woodburn homes, which saw relatively little change in prices over the past year. In fact the average price change in Woodburn home sales over the past twelve months was -0.4%.

Woodburn Homes Woodburn Real Estate

Regional Willamette Valley Home Price Chart

However the scenario of Woodburn’s stalled home prices may soon change. That’s because the latest report on area home inventory shows a significant drop in our backlog of homes for sale. As a result, our region would now ‘run out of homes’ to sell in 7.1 months, a dramatic 1.8 month inventory drop over the past 30 days reported. Such a reduction in housing supply tends to spur demand.

Woodburn Homes Woodburn Oregon

Regional Home Inventory

And while Woodburn home prices have been virtually flat, the latest Regional Multiple Listing Service report confirms the number of Woodburn home sales are up by 23.3% over the past year. According to recent figures, the average price for a Woodburn home is now $182,700, with the average time on market at 204 days.

Read the complete FREE report on Woodburn area homes here, or by clicking on the Market Action image below. Check out page two for details on other local towns and neighborhoods.

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Click Image For Free Report

Thinking about selling your Woodburn home? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your Woodburn home could sell for in today’s real estate market.

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This entry was posted in 97071, Welcome, Woodburn Home Report, Woodburn Homes, Woodburn Housing News, Woodburn News, Woodburn Oregon Homes, Woodburn Oregon Properties, Woodburn Oregon Real Estate, Woodburn Properties, Woodburn Real Estate and tagged , , , , , , , , , , , , . Bookmark the permalink.

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