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Real Estate Market Update: Midvalley Still in the Churn - The Corvallis Advocate
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Real Estate Market Takes a Breath After Months of Gasping - The Corvallis Advocate
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Steamroller Sellers Market Keeps Steaming, Lebanon Might be Answer
May 5, 2021
The Real Estate Market over the last 90 days continues with the overall trend of being an overwhelming seller’s market. In Albany, the average sales price increased over the last 90 days to $379,814 and it’s up to $436,208 in Corvallis. Median home price increased in Albany to $371,188, and fell in Corvallis to $420,000. In Albany, average days on market is down to 86 days, but once more fell in Corvallis to 67 days.
In Lebanon over the last 90 Days, the average home price is lower than in either Corvallis or Albany at $302,453. The median sales price there is $297,500, with homes spending an average of 60 days on the market.