Archive | Canby Market Statistics RSS feed for this section

Canby, Oregon Real Estate Update

21 Jun

Canby Homes, Canby Oregon, Canby Real Estate

Recent figures from the Regional Multiple Listing Service (RMLS) confirm our Canby real estate market remains on the upswing. Click here for the complete report.

The definite upward price trend is due in part to a continued low inventory of homes for sale. A range of three to six months is usually considered a normal housing backlog.Canby, Canby Oregon, Canby Homes, Canby Real Estate

As a result, the average market time for a Canby area home is now at 48 days. The increase in the average greater Canby area home value is now up 7.5% over the past year.

Canby Homes, Canby Oregon, Canby Real Estate

Thinking of selling your Canby area property in this strong seller’s market? Contact our CanbyHomes.com sponsor, Certified Realty using the convenient form below, or call (800) 637-1950.

Canby Real Estate Update

28 Sep Canby Oregon Real Estate

New information was recently released on our local Canby real estate market by Ticor Title Company.

View this new report on Canby, Oregon real estate by clicking here or on the image below.

Canby Oregon Real Estate

Click Image to View

Do you have questions or are you thinking about buying or selling a Canby home? Contact Certified Realty, our CanbyHomes.com sponsor using the convenient form below, or call 800-637-1950.

Save

Save

Canby, Oregon Home Prices Climb

15 Jun

Recent statistics from the Regional Multiple Listing Service known as RMLS reveal greater Canby area home prices are up by 14.6% over the past year, or more than 1% a month. Click on the chart image below to enlarge it.

Canby Homes, Canby Real Estate, Canby Oregon

Increased home prices are likely due to the continued low inventory of available homes for sale. With 3 to 6 months frequently cited as an average inventory range of homes under normal conditions, our current 1.4 months of regional home supply suggests a sustained seller’s market.

Canby Homes, Canby Real Estate, Canby Oregon

    Regional Home Inventory in Months

The average market time to sell a Canby home is approximately 54 days. Interestingly, the total number of sales in the most recent month was actually down by about 4.6%. View the complete report by clicking here.

Canby, Canby Oregon, Canby Homes, Canby Real Estate, Canby Properties, Canby Realty

Thinking about selling your Canby area home in this strong seller’s market? Contact Certified Realty, your CanbyHomes.com sponsor for a free price analysis on your property using the convenient form below, or call them at 800-637-1950.

Canby: A ‘Safest City’

10 Jun Canby Oregon, Canby, Canby Homes, Canby Real Estate, Canby Properties

A recent report on Oregon cities shows Canby among our top two safest mid-sized cities.

Canby Oregon, Canby Homes, Canby Real Estate, Canby Properties, Canby Realty

ValuePenguin.com publishes an annual ‘safe cities’ report. For populations between 9,000 and 20,000 residents, Canby, Oregon is the #2 safest city in Oregon and #13 across all populations statewide. 

Canby Oregon, Canby, Canby Homes, Canby Real Estate, Canby Properties

Along with other important livability factors like good schools, well-maintained roads and shopping options, safety is a vital element to maintain desirable communities. An added bonus for homeowners is solid property values. 

Canby Oregon, Canby, Canby Homes, Canby Real Estate, Canby Properties

View the ValuePenguin.com Oregon cities safety report here and click here for a local news article about this story.

Canby Real Estate: What’s Ahead In 2015

31 Dec

Predictions on Canby’s real estate market are difficult to make with accuracy. Consider local weather forecasts. Even when armed with technology like detailed satellite images, plus wind, barometric and temperature data, weather forecasters can get it wrong…and that’s for predictions merely a week or two away! 

Canby Homes, Canby Oregon, Canby, Canby Real Estate, Canby Properties, Canby Housing, 2015 Canby, Canby 2015, Canby Property

Accurately Predicting Weather & Real Estate Trends Seems Easy

Predicting Canby’s Real Estate Trends
Now imagine the difficulty in predicting real estate market activity a full year into the future. Along with seasonal influences, other challenges in real estate forecasting include changing interest and employment rates, ever-shifting home inventory levels, plus a myriad of lending regulations and the mysteries of the Federal Reserve’s monetary policy, just to name a few.  Little wonder, then that some view real estate predictions as akin to flipping a coin or using a dart board.

Canby Homes, Canby Oregon, Canby, Canby Real Estate, Canby Properties, Canby Housing, 2015 Canby, Canby 2015, Canby Property

Although Fun, Darts Are Are A Poor Method For Accurate Real Estate Forecasting

Real Estate Forecasting: What Can Work
While not foolproof, one generally helpful tool for predicting future real estate trends can be past real estate trends. Major unpredictable shifts occasionally occur, but the key word here is occasionally.

For example, the Great Recession that hit Canby and the entire country starting around 2007-2008 was our nation’s worst economic downturn since 1929.  Thankfully we haven’t seen such financial meltdowns every year, or every decade, or even every half century. So aside from similar cataclysmic shifts, a certain degree of real estate predictability is possible. 

Canby Homes, Canby Oregon, Canby, Canby Real Estate, Canby Properties, Canby Housing, 2015 Canby, Canby 2015, Canby Property

Regional Home Price Chart Including Clackamas County

Reasons For 2015 Canby Real Estate Optimism
Several factors are coming together to provide for an optimistic New Year in our area. As you’ll see, some factors are under federal control and others occur locally, but each has an impact on Canby real estate. So if you’ve held off selling your Canby area home, here are four of them that portend a good 2015: 

1. Credit Scores Loosen
Most homebuyers need a home loan, generally known as a mortgage. The good news is that mortgage credit is becoming more available as lenders loosen credit requirements.

Canby Homes, Canby Oregon, Canby, Canby Real Estate, Canby Properties, Canby Housing, 2015 Canby, Canby 2015, Canby Property

Credit (FICO) Requirements Have Loosened

2. Lower Down Payments
Government-sponsored loans from Fannie Mae and Freddie Mac recently brought out a 3% mortgage option. If conventional lenders also start offering similar low-down payment choices, this could bring more first time homebuyers into the market. This vital Oregon buyer group has long been under-represented, with their levels at the lowest since 1987.

3. Consumer Optimism
Recent figures from the National Association of Realtors confirm homebuyers are now more optimistic. This includes our area. When it comes to single family homes, the ‘Confidence Index’ chart below shows most states now have a majority level of optimism in their region, including ours.

Canby Homes, Canby Oregon, Canby, Canby Real Estate, Canby Properties, Canby Housing, 2015 Canby, Canby 2015, Canby Property

Orange & Red = Strong Single Family Home Consumer Confidence

4. Home Inventory Remains Low
Thanks in part to the reduced level of local new construction, home inventory in our region is still near historic lows. Our most recent survey shows we have 3.2 months of housing backlog. This suggests we have more buyers than sellers. As a result, Canby homesellers can take advantage of what remains largely a ‘seller’s market’ heading into 2015. 

Canby Homes, Canby Oregon, Canby, Canby Real Estate, Canby Properties, Canby Housing, 2015 Canby, Canby 2015, Canby Property

Our Regional Home Supply Is Low

The Bottom Line
If you’ve held off selling your Canby home because you were ‘under water,’ or concerned about the market being too low, now is a good time to consider re-evaluating.

Canby Homes, Canby Oregon, Canby, Canby Real Estate, Canby Properties, Canby Housing, 2015 Canby, Canby 2015, Canby Property

Many Canby Homeowners Are No Longer ‘Under Water’

Canby’s real estate market has changed. Experts predict regional home price growth to continue at a steady, albeit slower pace through 2015, compared to the 7.2% price increase to date for 2014. As a result, some suggest a 3% annual increase in area home prices. Depending on a variety of factors, that may indeed end up being conservative on the low end. For Canby, expect between 3% to 6% in 2015 home price appreciation.

Canby, Oregon Real Estate Update

26 Dec

New figures from Ticor Title Company show little change of late in the median list price of a Canby home, with an increase in the average days on the market.

Canby, Canby Homes, Canby Real Estate, Canby Properties, Canby Homes For Sale, Canby Oregon Real Estate

Click Image For Report

To view this latest report on Canby real estate, click here or on the above image.

Thinking about selling your Canby property? Contact our sponsor, Certified Realty using the convenient contact form below for a FREE report on what your Canby property could sell for in today’s market.

Canby’s Spendiest Home Sale

25 Nov

As November winds down, recent information from the Regional Multiple Listing Service (RMLS) suggests one Canby home sale will stand out as the most expensive for the month.

Canby, Canby Oregon, Canby Homes, Canby Homes For Sale, Canby Homeseller, Canby Realty, Canby Oregon Homes, Canby Oregon Real Estate, Canby Properties, Canby Real Estate, Canby Oregon Real Estate, 97013

However, the property also features over 48 acres and includes water rights, plus mountain views. So this recent sale involves more than the usual home, which helps to explain the higher-than-usual price.

Canby, Canby Oregon, Canby Homes, Canby Homes For Sale, Canby Homeseller, Canby Realty, Canby Oregon Homes, Canby Oregon Real Estate, Canby Properties, Canby Real Estate, Canby Oregon Real Estate, 97013

Located on S. Union Hall Road, the house features nearly 1,900 square foot of living space, with 4 bedrooms and 2.5 bathrooms. Also included are a shop, shed and barn.

Canby, Canby Oregon, Canby Homes, Canby Homes For Sale, Canby Homeseller, Canby Realty, Canby Oregon Homes, Canby Oregon Real Estate, Canby Properties, Canby Real Estate, Canby Oregon Real Estate, 97013

According to RMLS records, the final selling price for this Canby property was $570,000. It was initially priced at $695,000 and on the market nearly a year before selling.

Canby, Canby Oregon, Canby Homes, Canby Homes For Sale, Canby Homeseller, Canby Realty, Canby Oregon Homes, Canby Oregon Real Estate, Canby Properties, Canby Real Estate, Canby Oregon Real Estate, 97013

Oregon’s Choice Since 1950

Thinking about selling your Canby home? Family owned and operated for 64 years, Certified Realty sells Canby real estate in every price category. For a FREE report on what your Canby property could sell for, contact Certified Realty using the convenient contact form below.

Big Changes Coming To Downtown Canby

21 Nov
Canby Oregon, Canby, 97013, Canby Homes, Canby Homes For Sale, Canby Oregon Real Estate, Canby Oregon Properties, Canby Properties, Canby Realty

One of the Canby, Oregon buildings reportedly for sale

The Portland Business Journal recently reported on some significant upcoming real estate changes about to occur in Canby. Here’s the report, courtesy of the Portland Business Journal:

“Developers interested in redefining an entire downtown might want to check out what’s on the market in Canby.

Thanks to an impending consolidation of city offices into a new civic building and library, the city, a few miles south of Portland, is selling five of its downtown buildings and up to one full city block. The properties are all in the city’s downtown core between First and Third avenues on Holly and Ivy streets.

The buildings to be sold include the existing library, the development services building, the finance building and the former police headquarters. They range in size from around 2,000 square feet to about 10,000 square feet.

Renate Mengelberg, economic development director for the city, said the city does not have a firm asking price for the properties because it wants to encourage a wide array of development proposals.

“We are willing to be flexible and really want to encourage creative proposals,” she said, adding that the new civic building will be completed in 2016.

The city has issued a Request for Expressions of Interest to spur development ideas. An open house and tours of the properties will be held on Nov. 19. Proposals will be due Jan. 9, 2015.

The city is looking for ideas for one or more of the properties from local businesses looking for space or developers who might be interested in a project of a bigger scale. Officials will also be looking for proven development teams with solid financial resources. That said, the city is also open to assisting through its façade improvement program and a revolving loan program that provides loans of up to $250,000.

In addition, the city of Canby has applied for a vertical housing program that would provide a 10-year property tax abatement of second- to fourth-story residential development over retail. It expects to gain approval for the zone by the end of this year.”

Canby Real Estate Update

13 Nov

A new study from Ticor Title Company suggests our Canby real estate market is stabilizing. For now at least, gone are Canby’s big swings in home price and market time.

Canby, Canby Oregon, Canby Homes, Canby Homes For Sale, Canby Homeseller, Canby Realty, Canby Oregon Homes, Canby Oregon Real Estate, Canby Properties, Canby Real Estate, Canby Oregon Real Estate, 97013

Click Image to Enlarge

The median list price for a Canby home is now $317,450, just up from $317,000 last month. The average market time for a Canby home is now 136 days, unchanged from October. Click here or on the above image to view additional insights into our local housing market, such as Canby’s local median house size and lot size.

Canby, Canby Oregon, Canby Homes, Canby Homes For Sale, Canby Homeseller, Canby Realty, Canby Oregon Homes, Canby Oregon Real Estate, Canby Properties, Canby Real Estate, Canby Oregon Real Estate, 97013

Oregon’s Choice Since 1950

Thinking about selling your Canby home, lot or acreage? For a FREE report on what your Canby property could sell for in today’s market, contact our sponsor, Certified Realty using the form below. Still family-owned and operated, Certified Realty is Oregon’s choice since 1950.

Canby, Oregon Real Estate Report

16 Oct

A new report on Canby real estate was just released by Ticor Title Company. The survey confirms a stabilizing trend for Canby homes. Click here to view this new report on Canby, Oregon real estate, or click on the image below.

Canby, Canby Oregon, Canby Homes, Canby Homes For Sale, Canby Realty, Canby Properties, Canby Real Estate, Oregon Canby, 97013

Click Image to View New Canby Report

According to this latest survey, the median list price for a Canby, Oregon home is now $317,000. The average market time to sell a Canby home is now 136 days, or between 4 and 5 months. And with a median house size of nearly 2,000 square feet, Canby homes are pretty spacious.

Canby Homes, Canby Real Estate, Canby Properties, Canby Realty, Canby, Canby Oregon

2055 N. Country Club Drive, Canby, Oregon – Now For Sale at $259,900.

Interested in the country club lifestyle? Click here or on the image below for details on this attractive 3 bedroom Canby home located on N. Country Club Drive!

Canby, Canby Homes, Canby Homes For Sale, Canby Real Estate, Canby Properties, Canby Oregon Homes, Canby Oregon Real Estate, Canby OR, 97013

Click Image for Flyer

Have you considered selling your Canby, Oregon home? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your property could sell for in today’s market. Family owned and operated since 1950, Certified Realty is owned and operated by graduates of Canby schools. They specialize in the sale of Canby homes and properties.

Why Use A Realtor, In 30 Seconds

3 Oct

A very telling article was recently released in a national real estate journal. In just two images, it explains why the vast majority of homesellers work with a Realtor.

FSBO

Click on Image to Enlarge

The infographic on the left shows the huge percentage of homesellers who hire a Realtor.

The infographic on the right shows why. Homesellers average a 25% higher selling price with a Realtor.

Thinking about selling your Oregon property? Don’t leave money on the table. Certified Realty sponsors CanbyHomes.com and is Oregon’s choice since 1950. Contact Certified Realty for a FREE report on what your home could sell for in today’s market using the convenient form below.

Canby Real Estate Market Update

25 Sep

A new report on our Canby, Oregon real estate market was just released.

CanbyOregon-page-001

Click image to view this new Canby homes report

This new report confirms strong prices are still being commanded for Canby homes. However, over the past week, the average market time to sell a Canby home has bumped up a bit, from 135 to 144 days.

Prices also dipped a bit from a median list price of $324,200 to $319,900.  View the complete report on Canby real estate here, or click on the above image.

Canby Homes, Canby Real Estate, Canby Properties, Canby Oregon Canby

‘Canby Dahlias’  Courtesy of artist Brenda Boylan. Learn more at BrendaBoylan.com

Thinking about selling your Canby, Oregon home? Demand remains strong and housing inventory is low. Contact our CanbyHomes.com sponsors at Certified Realty using the below contact form for a FREE report on what your Canby property could sell for in today’s market. 

September’s Sold Canby Homes

24 Sep

According to the Regional Multiple Listing Service, 16 Canby homes have already sold so far this month, with nearly a full week left to go.

Canby-Homes-Sold

Prices for these sold Canby homes range from $102,000 to $720,000. Curious about which homes sold and for how much? Click here or on the above image to find out. Once there, you’ll see September’s month-to-date sold Canby homes, complete with prices and photos. Depending on your computer and Internet connection, the photos can take a minute or two to load.

Thinking about selling your Canby home? Find out what your property could sell for with a FREE report from Certified Realty, our CanbyHomes.com sponsor. Simply complete the convenient contact form below.

 

Canby Real Estate Update

18 Sep

A new report on Canby real estate was just released by Ticor Title Company. This survey confirms a significant upward price trend for Canby homes, particularly over the past few months.

Canby, Canby Oregon, Canby Homes, Canby Real Estate, Canby Properties, Canby Realty

Click Image to View This Free Report

According to this new report, the median list price for a Canby home is now just under $325,000. And the average market time to sell a Canby home? That figure is now at 135 days, or right around 4.5 months.

Canby Homes, Canby, Canby Oregon, Canby Realty, Canby Properties, Canby Real Estate

 

Thinking about selling your Canby home and curious what it could sell for? Now could be the perfect time, since Canby home inventory is low right now and competition among sellers is diminishing. It’s truly a seller’s market.

Our CanbyHomes.com sponsor, Certified Realty will provide you with a FREE report that is tailor-made for your own property.  Certified Realty is the only locally owned real estate firm owned and operated by graduates of Canby public schools. For your FREE report, simply contact your local real estate experts, Certified Realty, using the convenient form below.

Canby Among Oregon’s Safest Cities

15 Sep

A recent survey confirms something Canby, Oregon residents already know: Canby is a pretty safe place to live.

Canby Homes, Canby Real Estate, Canby Properties, Canby Oregon

Canby is a safe place to live

Here’s the description from that recent survey:

Canby, Oregon is south of Portland on the northwest side of the state. Nicknamed “Oregon’s Garden Spot” it is bordered on 3 sides by rivers and is located in the Willamette Valley. Because the city is within a reasonable drive to the city, it gives residents the convenience of proximity to the city while being able to embrace a much smaller town life.

The town is actively offering incentives to businesses to attract them to the area. The Neighborhood Association and the efforts of the town police have delivered the desired results – crime rates low enough to qualify for the top 10 safest cities in the state.

To see which other Oregon cities made the list, view the entire report here.

canby-police-department

Canby Real Estate Market Report

8 Sep

With school beginning as we move toward Autumn, it’s reasonable to expect a somewhat slower pace of Canby home sales. That’s because many, though certainly not all, 2014 buyers have bought their home by now. A sizeable number of homebuyers target September as a good time to have made their move.

Canby Homes, Canby Properties, Canby Real Estate, Canby Oregon

The Willamette River

This brings “empty-nesters,” relocating transferees, singles, and young families to the forefront as a bigger potential portion of the buyer pool for the remainder of the year. For sellers, Autumn can bring more motivated buyers with less competition from other home sellers, when compared to Spring’s fast-paced real estate tempo.

Canby Homes, Canby Properties, Canby Real Estate, Canby Oregon

If Spring’s real estate tempo is a Viennese Waltz, Autumn and Winter are a Foxtrot.

The average time on the market for a Canby home is now 115 days. This compares to the most recent figure of 93 days for greater Portland. Click here or on the image below for the latest information about Canby real estate.

Canby Homes, Canby Properties, Canby Real Estate, Canby Oregon

Click image for report

Thinking about selling your Canby area property? For a FREE report on what your home could sell for in today’s market, contact our sponsor, Certified Realty using the convenient contact form below.

Canby Homes Market Update

22 May

A recent report on Canby real estate provides some helpful insights into our current market.

The study includes local market data on Canby and neighboring towns. What makes this report so interesting is that the data is from the Willamette Valley Multiple Listing Service, known as WVMLS.

Canby Homes, Canby Oregon, Canby Properties, Canby Real Estate

Our High Livability Puts Canby On The Map-Click Image For Details

Of the two largest multiple listing systems used to market Canby homes, the Portland-based RMLS (Regional Multiple Listing Service) dominates and WVMLS is less commonly used. However, comparing Canby only to areas like Wilsonville, Tualatin and West Linn using the Portland area’s RMLS provides only one perspective of Canby housing.

Canby Homes, Canby Real Estate, Canby Properties, Canby Oregon

Regional Home Prices Continue To Climb, As Shown on This RMLS Graph

Using WVMLS provides some balance and helps to capture a better total picture of our Canby housing market.  Indeed, some buyers compare Canby to outlying areas like Aurora, Hubbard and other neighboring communities when searching for their next home.  To learn more about the two major multiple listing systems in our area, click here. 

Canby Homes, Canby Real Estate, Canby Oregon, Canby Properties

Local Real Estate Markets-Click Image to Enlarge

In the table above, a few key categories are circled in red, showing where Canby is the front-runner. Here’s a summary of this new report, with key information on Canby real estate:

Canby Homes Sell Fast
With an average market time of 89 days, homes in Canby sell quickly compared to neighboring communities. Homes in neighboring towns like longer, like Aurora (123 days), Silverton (140 days) and Woodburn (163 days) .

Canby Homes Are Smaller
Canby has one of the smallest average home sizes of all towns surveyed. With an average of only 1,530 square feet of living space, only Woodburn comes in lower with an average home size of 1,355 square feet.

Canby Homes Are More Expensive
Canby homes by far have the highest average cost per square foot at $172. Other local towns don’t even come close. 

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties

Oregon’s Choice Since 1950

Thinking About Selling? Choose The Professionals!
The experts at Certified Realty can provide you with a FREE report on what your property could sell for in today’s market. Certified Realty sponsors CanbyHomes.com and they remain Oregon’s choice since 1950. Count on Certified Realty to provide effective dual multiple listing coverage for optimum marketing of your Canby property.

With nice weather and fewer competing Canby homes on the market, now is a great time to contact Certified Realty using the convenient contact form below.

Canby Home Prices Grow

15 May

A recent report on Canby area real estate confirms a continued solid increase in local home values. Compared to last year, Canby area home prices are now 15.3% higher. If this trend continues, we could be well on our way to a banner year for Canby real estate. 

Canby Homes, Canby Real Estate, Canby Properties, Canby Oregon

Canby Home Prices Are Up 15.3% Over The Past Year-Click Image to Enlarge

A comparison of price growth among local communities reveals Canby is now among the top tier for regional home price growth.

Canby Homes, Canby Real Estate, Canby Properties, Canby Oregon

Like Canby, Regional Home Prices As Shown on This Graph Are Also Climbing

Why Is Our Canby Real Estate Market Strengthening?
There are several factors helping to boost Canby area home prices. These include Oregon’s real estate seasonality, which brings improved home buying weather this time of year. Gains are also due in part to a continued recovery from the Great Recession which began around December, 2007. However, perhaps the key reason to explain our real estate boost is a significantly reduced inventory of homes for sale. 

Canby Homes, Canby Oregon, Canby Properties, Canby Real Estate

Our Region Would Run Out of Homes in 2.8 Months

According to the latest housing inventory report from the Regional Multiple Listing Service (RMLS), the greater Portland Metro area will now ‘run out of homes’ in 2.8 months. Click here for this new FREE report, with helpful information on Canby area real estate.

Canby Oregon, Canby Homes, Canby Real Estate, Canby Properties

Canby’s Title As ‘The Garden Spot’ is Well Deserved

What Does This Mean For Canby Homebuyers & Homesellers?
Low home inventory means there are fewer houses for sale. A main effect of having fewer homes for sale typically means less selection and higher prices. This is the classic ‘seller’s market,’ where buyers lose a significant amount of leverage. This means buyers have to compete more against one another to find a desirable home.

As a result, home prices rise. If you’ve thought about selling your Canby home, this may be your best opportunity for the foreseeable future. However, if Canby home owners en masse begin sensing the time is right to sell, such a concomitant increase in supply could cancel projected home price gains.

Canby Homes, Canby Oregon, Canby Real Estate, Canby Properties

How Low Will Our Home Inventory Go?

Limbo, How Low Will We Go? Another reason for our home inventory’s newsworthy nature has to do with the time of year. We’re already trending slightly ahead of 2013 given our latest inventory figure of 2.8 months from April.  Last year, the months of May, June and July reported the lowest in all of 2014 for regional inventory. So the lowest number of available homes for sale may yet be ahead.

Timing The Market
Based on last year’s performance, homeowners may have another few months before the supply of homes begins climbing back up. So if you’re considering a Canby area home sale in 2014, acting sooner is likely to be in your favor before inventory rises and other events are factored in, like families purchasing before the school year begins.

Consult The Experts
Thinking about selling your Canby area home? Contact the experts at Certified Realty, Oregon’s choice since 1950, for a FREE report on what your property could sell for in today’s market.

3 Reasons To Sell Your Canby Home Now

2 May

With the arrival of Spring’s beautiful weather, many Canby homeowners have heard someone say: “Now is an excellent time to consider placing your home on the market for sale.”

Canby Oregon

Rural Canby Mt. Hood View

However, you may have wondered why exactly is it considered such a good time for me to sell my property? Is it all about sunny skies? So if you’ve ever thought about selling your Canby home, this article is for you. Here are three reasons to now consider selling your Canby, Oregon home:

Reduced Inventory
There are fewer homes on the market right now. Our 3.1 month supply of homes means demand is stronger. That frequently translates to higher home prices. And with fewer competing sellers, you may need to negotiate less for your best deal.

Canby Homes, Canby Real Estate, Canby Properties, Canby Oregon

Our Housing Inventory Drops During Spring & Summer.

Seasonality
Many home buyers shop in earnest during better weather. Why? It’s easier, more fun and there’s more daylight. But there’s one other reason you may not have considered: School is out soon and that is a great opportunity for families with kids to move during Summer Vacation. Don’t miss out on these buyers!

Canby Homes, Canby Real Estate, Canby Properties, Canby Real Estate, Canby Realty

In Oregon, Beautiful Weather Takes Us Outdoors For Recreation And Home Buying!

Interest Rates
One of the big factors affecting home affordability is the interest rate charged by your lender. Interest rates remain near historic lows. This means even with rising prices, buyers can find homes to be more affordable if interest rates stay attractive.

Canby Homes, Canby Realty, Canby Oregon, Canby Real Estate, Canby

They’ve nudged up, yet mortgage interest rates remain attractive.

Thinking about selling your Canby home? Contact our sponsor, Certified Realty using the convenient form below for a FREE report on what your property could sell for in today’s market.

March Review: 15 Canby Homes Sold

31 Mar

As of this last day of March, 2014, the Regional Multiple Listing Service (RMLS) reported 15 Canby homes sold this month. This brief summary provides some interesting Canby real estate facts.

Closing prices for these 15 properties ranged from $148,350 for a large ranch-style “major fixer” on 1.5 acres to $479,000 for a spacious farmhouse on 9 acres.  

The latter property was by far the most expensive sale, netting $164,000 more than the next-highest price. And at 3,380 square feet, that same farmhouse was also the largest of the Canby homes sold in March.

Image

At 3,380 Square Feet and Selling at $479,000, This is March’s Largest and Most Expensive Sold Canby Home

Representing the median for Canby Homes sold in March is the charming traditional shown below.  Selling at $245,000, this home had an equal number of properties selling above and below its sale price.

Canby Homes - Median

This charming Canby home sold after 95 days on the market.

Thinking about the sale of your Canby home? Contact your CanbyHomes.com sponsors, Certified Realty, using the convenient form below for a FREE market report on what your property could sell for in today’s market! Certified Realty is Oregon’s Choice since 1950 and they sell Canby homes in every price range.

Local Firm Keeps Canby Growing

12 Mar

Canby’s own JV Northwest is receiving notice across the country. That’s because along with their production of stainless steel tanks for pharmaceutical and alternate energy products, JV Northwest also builds high quality brewing systems, including one in faraway Michigan.

Canby Homes

Canby, Oregon’s JV Northwest

Outstanding companies like JV Northwest help to grow Canby’s economic base while providing living wage jobs. This allows more people in our community to purchase Canby homes and invest in our local businesses.  And did you know JV Northwest has federal patents on some of the products they’ve invented

Learn more about this outstanding Canby business here.

Thinking of buying or selling a Canby home? Contact our sponsor, Certified Realty using the convenient contact form below for a FREE report on what your Canby property could sell for in today’s market.

Canby Among Safest Cities

27 Feb

A recent real estate news poll shows Canby is among Oregon’s safest cities.

The online survey includes Oregon cities with more than 10,000 residents. Of all Oregon cities surveyed, Canby is rated #6.

Canby Homes Canby Real Estate Canby Properties Canby Oregon

Canby benefits from a great police department

Read the complete article on Canby, Oregon’s excellent safety ranking here. 

Canby Homes Canby Oregon Canby Real Estate Canby

Canby Police Badge

Thinking about moving to a safer neighborhood?  Contact Certified Realty – Oregon’s choice since 1950 – using the convenient contact form below. They can help you find a wide selection of wonderful Canby homes.

Our Canby Housing Market

19 Feb

According to new housing figures, 24 Canby homes have sold so far this year. Their average number of days on the market was around three months (90 days and 100 days cumulative, if re-listed), with an average selling price of $280,349. 

Canby Homes

Like our ferry, Canby housing is running strong

Examining further, these Canby homes sold for nearly 99% of their most recent list price. The average size of the Canby homes that sold so far this year was 1,810 square feet, which translates to around $156 per square foot. 

This information indicates a strong Canby real estate market. Demand for Canby area properties is high and if you’ve thought about selling, now could be your best opportunity in years.

Canby Homes Canby Oregon

   Canby’s Seal

Thinking about selling your Canby area home? Contact Certified Realty, the only locally-owned real estate firm operated by graduates of Canby schools. Call them today at 503-682-1083 or use the convenient form below for a FREE consultation and to learn what your property is worth in today’s market.

Canby Area Home Prices Rise

28 Jan

A recently released housing report reveals local home prices have increased by an average of more than 1 % per month over the past year.

Canby Homes Canby Real Estate

Canby Home Prices are Definitely Up!

Click here to view this FREE recent report on Canby Area real estate.

Canby homes, Canby Real Estate, Canby Properties

Click image for new Canby Area market information.

Thinking about buying or selling Canby Area property? Contact our sponsor, Certified Realty, using the form below.

New Canby Home Sales Information

11 Oct

The latest report on Canby area home sales was just released. The good news continues, as it reveals a strong local housing market.

This report shows the latest monthly average Canby area home price is $287,000. This is significantly higher than the year-to-date average Canby area sale price of $269,300.

Click here for the complete FREE real estate report, with specific information about our Canby market on page 2.

Oregon Real Estate Update

7 Oct

Fun upcoming events and surprising local housing facts are all found in the latest free edition of the Oregon Real Estate Update.

Home Prices
For example, the average home price for the greater Canby area is now up 9.4% to $267,200 over last year. The average Salem area home price is $187,900, up 10.7% over the same period and the average Portland area home price is now $309,200, up 14.1% from last year.

Total Average Market Times
Just as interesting is how long it takes for a house to sell. The total average market time in the Portland metro area is about two months. The average market time around Salem is closer to four months. For the greater Canby area, the average market time is in-between at around 80 days.

Local Fun, Too
Also included are enjoyable, ‘uniquely Oregon’ Autumn activities for the entire family. Find out all the details in this latest free edition of the Oregon Real Estate Update here.

Canby Oregon

Canby Depot Museum

Canby Real Estate Update

6 Sep

New figures on Canby, Oregon real estate have just been released.

The average selling price for a Canby home is now $289,900. Curious how long it takes for the average Canby home to sell? Find out here, along with the complete report.

For more information about selling your Canby property, contact our sponsor, Certified Realty at 503-682-1083. They’re your Canby area real estate specialists since 1950!

Oregon Homes

Oregon’s Choice Since 1950

 

Average Canby Home Sale: $289,900

17 Aug

This week, the average selling price for a Canby home was reported as $289,900.

For more information about our current Canby real estate market and to read the entire report, simply click here.

Canby Homes

Glorious Mt. Hood View from Canby

Canby, Oregon Real Estate Update

8 Apr

According to recent real estate statistics, the median price for a house in Canby is now $249,000.

The average Canby home also takes 208 days to sell. Perhaps most interesting of all, more than 1/4 of Canby homes require a price decrease before selling.

See it all in this new free 1 page report here, or click on the image below.

CanbyMarketUpdate

Canby Housing News

15 Feb

New statistics on Canby area homes were recently released. Did you know the current median list price for Canby homes is $249,950? And that the average time on the market for a Canby home is 254 days?

Contact our sponsor, Certified Realty today for details on buying and selling a Canby, Oregon home. Click here or on the image below for the new free Canby real estate report

Housing

 

 

Canby Real Estate Update

12 Jan

New information has just been released on Canby, Oregon housing.  For example, the median list price of Canby properties is now $256,950.  Click the link below for more new and interesting information about Canby real estate:

Canby Real Estate Update

Canby Homes

Canby Real Estate Update

26 Nov

A new report on the real estate market for Canby, Oregon has just been released by Ticor Title Company.

Click here to view this update.

For more information about buying or selling a Canby, Oregon home, please contact our sponsor, Certified Realty via phone at 503-682-1083 or by e-mail at:  info@CertifiedRealty.com today.

%d bloggers like this: