West Linn Real Estate Market Update for January 2011
I wanted to take a look back at the first month of the new year in West Linn Real Estate and compare the numbers of January 2011 t0 the previous month (December 2010) and prior year (January 2010).
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West Linn real estate sales were down from 13 & 15 sales (in Jan 2010 and Dec 2010) to only 9, matching the 12 month low for one month sales from back in February of 2010. A positive sign for West Linn real estate is that the number of pending home sales is up from both last year (10) & last month (8) to 12. Listing almost doubled from last month going from 27 houses to 49 houses but not as many West Linn real estate listings as January 2010 when we had 77 on the market.
The average sales price for West Linn real estate was $469,383, which is up from $397,356 last year and last month $429,756. and highest sales price was $647,628.
The highest sales price was $710,000 compared to $647,628 in January of 2010 and $913,000 in December of 2010.
The average days on market(DOM) were 146 and average combined days on market (CDOM) 328 while the average DOM for West Linn real estate in January 2010 was 75 and 156. December 2010 had 101 for both DOM and CDOM.
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Originally posted on West Linn Real Estate.