United Real Estate Properties
Lauri Howes & Jamie Kenworthy



2022 January HOUSING Market Update
CLICK IF YOU WOULD LIKE TO WATCH THE VIDEO


Welcome to 2022. It's our first housing market update of the year. So let's get started. 

I'm Lauri Howes, a local realtor with United Real Estate Properties here in Eugene, Oregon. First I'm going to go over Lane County. From Oakridge to Florence, we'll cover the 2021 year end numbers up to January 1.

Then we will move on to Eugene and Springfield. Those numbers will be current as of the past week, so they will be January 2022 numbers. Also, a quick note, these numbers are for single family dwellings only, no condos and no manufactured homes.

So the median sales price at the end December 2021 was 410,000 in all of Lane County. That is a .7% increase from November of 2021, which was $407,000. The median sales price in December of 2020 was $340,500. In December 2021, the median sales price was $410,000. That was up 20.4%  over a twelve month period. In comparison, a healthy market usually raises between 3% to 7% per year, so that 20.4% has put a lot of equity in someone's pocket. The average days on market to close out December 2021 was 30 days. Is it a seller's market? Yes, it's a seller's market. We continue to see that as we closed out 2021 in December with barely a half a month's worth of inventory. Meaning if no more houses go on the market within the next 15 days, there will be no homes on the market in Lane County. 

Moving on to the city of Eugene. In this past week, the median price of a new listing in Eugene is $420,000. There are currently 61 homes listed in Eugene and the average price per square foot in Eugene currently is $293. Median days on market in Eugene is 56 and the median rent is $2200 a month at this time in Eugene, Oregon. 

And we'll finish up with the current numbers in Springfield, Oregon. But first, we have a lofty goal of 500 subs this year. Please visit our YouTube channel and hit that subscribe button and ring that notification Bell so you don't miss any of our videos. And we'll be posting videos every Friday and shorts every Monday, we greatly appreciate it. https://www.youtube.com/c/LauriHowes The median price of a new listing in Springfield this past week was $469,495, the price per square foot is $273 and the median days on market in Springfield are 33 days. And the median rent in Springfield is $1195.

Thank you so much. If you made it this far, I just want to let you know that if you have any questions about our area, Eugene, Springfield, small towns around Eugene shoot us a quick text 541-953-8752.

Have a great weekend and we'll chat next week.

Lauri Howes, Broker with United Real Estate Properties
Eugene, Oregon and all of Lane County













 

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Absolutely recommend! We were the owners of the property posted on 9/16/2019. Lauri knew all the ins and outs of getting our property ready to sell, and we were very happy with how quickly it sold. Then she helped us navigate our way through the complexities of getting the property ready for its first time title insurance. Lauri was super supportive and a pleasure to work with, and we also enjoyed spending time with this lovely lively lady!

 

~ Meridith Elizabeth

We had the wonderful opportunity to have Terry Howes as our real estate agent for both the purchase of our new home & the sale of our previous one. There were numerous times when we were ready to make concessions & Terry was there to remind us that if we kept looking we'd eventually find the perfect one. He could have easily encouraged us forward on several of the homes we saw & taken the commission but his goal was more focused on getting us into the right place. Eventually we found the perfect property & are now extremely happy in our new home, thanks to Terry! Even after a few disappointing offers Terry was steadfast. After we closed on both houses Terry has remained in our lives & I feel we have gained a true friend. We have had many opportunities to work with other real estate agents & Terry was BY FAR the most trustworthy & honest out of all of them. He won't push you into something you don't want & he'll always have your back. I highly recommend him to everyone. 2020

 

~ Matthew & Tamara Marksbury

Lauri helped us sell our home in Springfield, OR in 2016. She was so helpful every step of the way, from helping us get the house ready to sell to listing to helping us understand each of the offers we received. She knows the Springfield market so well and gave us excellent advice about pricing it to sell. We had multiple offers and were under contract to sell the house within a week of listing it (for more than our list price) and closed in just over a month

 

~ Kira Homo

Lauri was my first time experience with a real estate agent....I was beyond dumb....and she took the time to answere every one of my questions, spent time with me when she probably had better things to do....she gave me her time, her patience, and shared every bit of her knowledge with me to help me make it through an extremely emotional time in my life. One of the wonderful things about Lauri, is she is a 'seller' and a 'buyer'....which made my entire experience so much easier!!! When you are searching for your dream home, or your forever home, having a gal like Lauri on your team is a MUST!! She shoots straight from the hip....and in a world full of crookedness, straight as an arrow is what I would choose every time!!

 

~ ryrst2

Our daughter chose Lauri to help her and her family find a home in the Springfield area. They had specific ideas about where they wanted to live and Lauri helped them find their "forever" home. We then used Lauri to help us search for our "forever" home. We were not in a hurry and Lauri was there every time a new listing came up in the area we were interested in. She was available immediately to show us the properties and help us make evaluations. We strongly recommend Lauri for all your real estate needs. She is energetic, personable, honest, and quickly zeros in on your wants and needs. Lauri has a broad base of knowledge about the Eugene/Springfield area and beyond. She listens to you, and gives honest feedback. Lauri is professional, personable, and energetic. She will work hard to find your forever home and sell your present real estate.

 

~ Kathy Pasky

Lauri helped me sell my home in Oakridge, Oregon. Oakridge is a small town 45 miles from Eugene with a population of 3500. She was willing to meet with me in Oakridge on a weekend. I was unable to get responses from 2 other realtors & was pleased that she was so responsive. The home sold for a cash price and was only on the market a couple of months. I only had to decrease the sale price a little. Most homes in that area are on the market for at least a year & most often sell for a lot less than the asking price. She was very helpful through the entire process.

 

~ Karen Norton

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