Lane County Real Estate Blog

August 2018 Market Update

August numbers are in, and we’re seeing a softening in the Lane County real estate market. According to the very experienced Principal Brokers (thank you Elliott Wood) at Windermere, a market shift typically starts in bedroom communities such as Veneta, Creswell, and Cottage Grove.

Let’s take Creswell, for example:

creswell homes for sale stats for August 2018

As you can see, we are moving into a seasonable slow period but the year-over-year numbers suggestion that we may see a softening in the months ahead.

Note that this is not true for ALL bedroom communities of Eugene/Springfield.

Here is the same chart for Junction City. The year-over-year picture is different. A more seller-friendly market as you can see from theĀ positive year-over-year growth in sold and pended:

Junction City market stats August 2018

If you are interested in learning more about these markets, or the Eugene/Springfield market in general, contact us today or bookmark this blog to stay on top of the latest real estate trends.

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