Home Values

How much is my home worth today? That's what I hear everywhere I go, both from clients and friends, and strangers, too, as soon as someone realizes I'm in real estate sales.

I think it's stabilizing. More homes are being sold for their asking price, and that's a sign that they've become more realistic in pricing. The one area that doesn't seem to decline, is the UO campus neighborhoods. In fact, the average sales price is only down 1% from a year ago. Of course, values were already down a year ago, but that shows that the decline has slowed. Similar evidence in other areas as well, but not as much improvement as the campus area.

STILL people over-price their homes for sale. If you'd like to keep track of what's happening in your nightborhood, we have a feature n our website called "free market anaylsis". It's called a market snapshot, shows a google mapphoto of your home, and all the comps nearby that are listed. Fun to use, and we won't contact you if you use it unless you ask us to:) www.bennettdean.com Enjoy the wonderful weather here in Lane County, and hold on awhile longer if times are tough, or you're needing to wait for your equity to recover. We do see a light at the end of the tunnel!