2012 market study
DESCRIPTION
Year end wrap up of statistics for Real Estate Market in Albany, Corvallis, Lebanon and Philomath Oregon for the year 2012TRANSCRIPT
Dava Behrens’
2012 Mid‐Willame e
Valley Market Study
I’m Dava Behrens; a licensed real estate broker in the state of Oregon. I love my
job and the wonderful people I meet and interact with. I have lived in Corvallis for more than 20 years and I love it here. The weather, the natural green environment, the close proximity to the coast and the mountains, the wonderful people, and the community I call home. I love it all.
I am known as many things to different people. Wife, mother, grandmother, sister, aunt, daughter, friend, real estate maven, scrapbooking buddy, amateur gardener, neighbor, mermaid collector, and crazed photographer. I’m a sports fan, but only when it comes to the Beavs. I will gladly wear black and orange to show my support!
I love to garden and play with plants. My favorite flower are orchids, but I also have an affinity for succulents. An que shopping is another pas me I enjoy, especially when I find something to plant those succulents in!
I am thoroughly involved within my community. I support local organiza ons like the Arts Center, Heart of the Valley Children’s Choir, and the Corvallis Boys and Girls Club.
I am a Southern California transplant and s ll have a deep apprecia on for the ocean, surfing, and Woodie cars.
I have been involved in all aspects of real estate transac ons for my en re adult career: sales, finance, tle, escrow, and construc on. This experience gives me the knowledge to guide my clients through what is usually the most significant financial event of their lives— buying or selling a home. As a full‐ me, full service real estate professional, I am commi ed to “doing what it takes” to deliver superior customer service.
Designa ons: Cer fied Home Marke ng Specialist Cer fied Nego a on Specialist Graduate Realtor Ins tute® General Member of Council of Residen al Specialist (CRS)
Memberships: Willame e Associa on of REALTORS® Oregon Associa on of REALTORS® Na onal Associa on of REALTORS®
Awards: Cer ficate of Excellence in 2009 from Benton County, City of Corvallis Historic Resources Commissions, and
Preserva on Works for my work with the historic neighborhoods of Corvallis Willame e Associa on of REALTORS® 2012 REALTOR® Of The Year for my level of involvement and commitment
to my community and REALTOR® standards Coldwell Banker® Company Awards
Interna onal President’s Circle Interna onal Diamond Society Interna onal Sterling Society
Included in this report:
Corvallis
Albany
North Albany
Philomath
Lebanon
Summary
Source
This market study was compiled using informa on from the Willame e Valley Mul ple Lis ng
Service. Although the WVMLS does not entail 100% of the market, it does comprise a
significant majority. In my opinion, the sta s cs, trends, and informa on contained herein are
an accurate reflec on of the Mid‐Willame e Valley market.
Area
This report covers property within both Linn and Benton coun es, in specific ci es. It does
NOT include outlying areas and Alsea, Monmouth, Brownsville, Jefferson, Scio, Sweet Home,
or other small communi es.
Time
This report was prepared in March of 2013. Sales figures have been compiled since 2005. The
term “Currently Listed” refers to proper es ac vely listed for sale and pending sales in the
WVMLS as of January 1, 2013.
2005 2006 2007 2008 2009 2010 2011 2012
Number of
Sales 779 772 651 501 464 469 496 573
Average Sales
Price $251,359 $291,958 $305,483 $301,363 $281,707 $279,284 $272,966 $285,772
% Change in
Price VS
Previous Year
6% 16% 4% <1%> <6%> <0.8%> <2%> 4%
Days on Market 111 107 107 114 133 128 127 118
Number of
Ac ve Homes NA NA NA 278 256 266 209 150
Corvallis Residen al Proper es Number of Sales
Year
Corvallis Residen al Proper es Average Sales Price
Year
Year
Currently Acve Homes
2005 2006 2007 2008 2009 2010 2011 2012
Number of
Sales 977 965 795 489 472 462 432 469
Average Sales
Price $166,639 $193,515 $198,199 $194,490 $180,037 $159,209 $152,843 $159,435
% Change in
Price VS 11% 16% 2% <1%> <7%> <11%> <3%> 4%
Days on Market 114 111 125 145 136 133 139 135
Number of
Ac ve Homes NA NA NA 343 326 276 225 180
Albany Residen al Proper es Number of Sales
Year
Albany Residen al Proper es
Year
Year
Currently Active Homes
Average Sales Price
2005 2006 2007 2008 2009 2010 2011 2012
Number of
Sales 204 108 120 104 106 140 114 146
Average Sales $280,895 $300,467 $331,243 $308,836 $267,337 $246,155 $227,137 $244,220
% Change in
Price VS 25% 6% 10% <6%> <13%> <7%> <7%> 7%
Days on Market 147 101 107 158 131 144 166 145
Number of
Ac ve Homes NA NA NA 89 100 86 74 63
North Albany Residen al Proper es Number of Sales
Year
North Albany Residen al Proper es
Year
Year
Currently Active Homes
Average Sales Price
2005 2006 2007 2008 2009 2010 2011 2012
Number of
Sales 102 94 69 78 67 79 75 68
Average Sales $234,232 $273,566 $300,784 $281,485 $240,809 $242,126 $248,024 $218,373
% Change in
Price VS 11% 16% 9% <6%> <14%> 0.5% 2% <11%>
Days on Market 105 97 104 164 163 159 147 127
Number of
Ac ve Homes NA NA NA 71 54 47 41 39
Philomath Residen al Proper es Number of Sales
Year
Philomath Residen al Proper es
Year
Year
Average Sales Price
Currently Active Homes
2005 2006 2007 2008 2009 2010 2011 2012
Number of
Sales 512 470 360 247 244 310 292 276
Average Sales
Price $157,254 $178,092 $182,222 $181,181 $156,349 $151,789 $135,051 $147,304
% Change in
Price VS 14% 13% 2% <0.5%> <13%> <2%> <11%> 9%
Days on Market 119 106 115 131 143 155 146 142
Number of
Ac ve Homes NA NA NA 237 233 222 207 135
Lebanon Residen al Proper es
Year
Number of Sales
Lebanon Residen al Proper es
Year
Year
Average Sales Price
Currently Active Homes
4197 NW Douglas Avenue, Corvallis
8828 Cori Court, Corvallis
1780 Clover Ridge Road NE, Albany
830 NW 11th Street, Corvallis
1010 SW 11th Street, Corvallis
4905 SW Dakota Avenue, Corvallis
1545 NW 12th Street, Corvallis
4015 NW Elmwood Drive, Corvallis
4764 SW Roseberry Street, Corvallis
1665 NW 11th Street, Corvallis
1620 NW Menlo Drive, Corvallis
4818 NW Bruno Place, Corvallis
1215 NW 16th Street, Corvallis
3145 NW McKinley Drive, Corvallis
4322 Independence Hwy NW, Albany
1175 SW West Hills Place, Corvallis
2767 SW Titleist Court, Corvallis
8113 Daphne Court, Corvallis
3025 NW Manzanita Place, Corvallis
4994 SW Hollyhock Circle, Corvallis
720 SW 56th Street, Corvallis
4364 NW Jon Place, Corvallis
1425 NW Alta Vista Drive, Corvallis
1145 NW Oak Avenue, Corvallis
2940 NW Circle Boulevard, Corvallis
36393 Blueberry Drive, Lebanon
3345 SW Long Avenue, Corvallis
4965 Mimosa Circle, Sweet Home
3009 Maplewood Court, Philomath
34212 Kowitz Road, Lebanon
1990 Salmon Run SW, Albany
776 SE Winterfield Place, Corvallis
2012 Success Stories