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January
10

Inventory of homes for sale has been the lowest it has been in over 10 years, but we expect the market to balance out a bit more in the year ahead. 

Cottage Grove Market Update – Single Family, Previously Owned Homes

(Rolling 12 Month Report, compared to 2017)

·         New Listings: -1.2% (560)

·         Median Sales Price: +3.9% ($265,000)

·         Pending Sales: -4.9% (483)

·         Days on Market: -4.5% (21)

·         Homes for Sale: -10.5% (51)

·         Months Supply of Inventory: 0% (1.3)

Data compiled from RMLS as of January 10, 2019

We have buyers actively searching for their next home and many more with plans to buy this Spring.

If you, or anyone you know is thinking about selling their home, contact us for a detailed market analysis.

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