Eugene, OR - Local Housing Data - Summary

Change location:




Eugene, Springfield, OR

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.


Eugene, OR Local News

Latest Figures Show New Home Sales and Prices Decrease in Eugene

Posted on: Sep 11, 2014 07:10:17 AM

In the Eugene, OR market, new home closings sank year-over-year in June, but the decline was less than the year-over-year decline in May. New home closings moved from 4 a year earlier to 2 after the figure moved from 8 in May 2013 to 1 in May 2014.

2 of the 475 total closings were new home closings, a shift on a percentage basis from 4 out of 465 a year earlier. After dropping in May from a year earlier, closings of new and existing homes grew year-over-year in June.

Pricing and Mortgage Trends

The average new home price was $287,445, down from $316,225 a year earlier. This came after a 12.6% boost in May year-over-year.

The average mortgage size moved to $213,740, down from last year's $269,665. Average mortgage size on new homes went from $242,992 in May 2013 to $259,920 in May 2014.

Other Market Trends

There was no change in the composition of the new home market with regard to the types of properties sold in June 2014.


Change location:





Join the Discussion

Please read our Content Guidelines before posting.