This is the third article in this Lots & Land series.
These charts are the Active Listings and Pending or Bumpable Sales (agreed upon offer but not closed).
Lots & Land – Active Competition in Surrounding Counties
The first list looks at the active competition within Yamhill County and the second examines the competition in the outlying areas. Within Yamhill County, we have 90 competitors and only two current pending sales. Interesting that both pending sales are in high priced areas – Bald Peak and Wilsonville Rd.
These are the properties contending for the few buyers in the market place. It should inform us about current thinking on prices but also provide fodder for strategies to be one of the few to sell soon. I can provide you with more specific information on any of these properties you request.
What is left? To take a look at your property particularly and the best comps, both sold and active, for re-evaluating the price and condition of the property.
Although all of this information can be tedious and disheartening, we are hoping for better days ahead when things will begin to sell again at a more reasonable clip. We want to be ready to move, not to remain on the bench.
RandyRandy McCreith, Principal Broker Bella Casa Real Estate Group Cell: 503-310-9147 Fax: 866-281-6653 Randy@TheBellaCasaGroup.com