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Oregon Homeselling: Easy As Waltzing, 1-2-3!

While real estate can seem complicated, there is a logical progression helpful to selling an Oregon home and it’s truly as simple as 1-2-3. The process between buyers and sellers is routinely described as a kind of dance, so let the waltzing begin.

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Fundamentals
There are plenty of related tasks associated with any real estate transaction, yet the key process that gets homesellers a workable offer can be simplified to three primary steps. Then, once a mutually accepted offer is in hand, the phase to close the sale begins. But the fundamentally crucial elements start long before that.

Curious? Here we go:

1. Online activity ——-> 2. Showing activity ——-> 3. Offer Activity

This process looks simple and in a way, it is. So let’s break it down.

The Home-Selling Waltz, Step by Step
First, it’s helpful to realize that buyers generally behave in somewhat predictable phases.
This means they routinely go to Step 1 before Step 2 or Step 3. There is very little skipping around. For example, it’s uncommon for a buyer to start at Step 2, or leave out any steps. You’ll soon understand why.

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Step 1. Online Activity
Recent statistics show that more than 92% of homebuyers search online for their next home, often before they even contact a Realtor. And though 90% of homebuyers hire a real estate professional, they frequently continue their search online, while their agent matches properties to fit their needs.

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Even Batman Doesn’t Have This In His Utility Belt
Homesellers have a helpful tool in their utility belt, since online buyer activity can be monitored to evaluate buyer response, or lack of it. That valuable tool is a daily report on buyer activity for your specific property.

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As a result, your Realtor can provide you with regular updates on buyer Internet activity on your home from a variety of sources. Some of these key sources include Realtor.com and the local multiple listing service. This data gauges if your property’s popularity is really ramping up, falling fast or simply ‘meh.’

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Realtors who subscribe to these proprietary services can easily track your home’s online popularity and determine overall buyer response with various tools to monitor Internet buyer activity.  

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Step 2. Showing Activity
The jump from online home searching to touring inside homes is a significant one. Since agents commit considerable time and effort and are usually paid only after a buyer purchases a home, this typically means touring buyers have also been pre-qualified by a lender. In other words, we’re now in the realm of a qualified home purchaser, who is ready, willing and able to buy. Research shows that the typical home buyer searches for 10 weeks and views 10 homes.

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Step 3. Offer Activity
The final leg in this three step journey is when an offer is written and submitted for the seller’s consideration. By writing an offer, this step also helps to confirm that the property is likely priced within a reasonably market-friendly range. For example, wildly over-priced homes don’t usually get much more than ‘low-ball’ offers, if any. 

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The End of the Beginning
There is still plenty to do after Step 3, but an acceptable offer places the process into the remaining phases of a real estate transaction. These can include things like escrow, home inspection(s), a preliminary title report, appraisal, loan documents and closing.

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Thinking about Selling?
Call (503) 682-1083, or email Certified Realty for a free consultation on what your property could sell for in today’s market.

September’s Sold Wilsonville Homes

As September wraps up, 25 detached, single family Wilsonville homes have sold so far this month according to the Regional Multiple Listing Service. The sold prices range from $282,000 to $810,125.

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This Wilsonville Home with Nearly 8 Acres on Stafford Road Recently Sold.  

View photos of all these recently sold Wilsonville homes and their selling prices by clicking here. Please allow a minute to load, depending on your Internet connection.

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This Home in Wilsonville’s Charbonneau Neighborhood Recently Sold For $810,125

Have you considered selling your Wilsonville home? As you can see, Wilsonville real estate prices remain strong. For a FREE report on what your Wilsonville home could sell for, contact our WilsonvilleHomes.com sponsor, Wilsonville’s Certified Realty using the contact form below.

Wilsonville Real Estate News

Wilsonville Meadows

Recent information on our local Wilsonville real estate market is now available. With school beginning as we move toward Autumn, it’s reasonable to expect a somewhat less robust pace of home sales.

Many, though certainly not all, 2014 buyers have bought their home by now. This brings “empty-nesters,” relocating transferees, singles, and young families to the forefront as a bigger slice 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.

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Click here or on the image below for the latest information about Wilsonville real estate. 

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The average time on the market for a Wilsonville home is now 110 days. This compares to the most recent figure of 93 days for greater Portland.

Thinking…

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Wilsonville Real Estate Market Report

An interesting new report on Wilsonville homes was recently released.

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Many Wilsonville Homes Are Known For Their Gorgeous Interiors

Especially notable in this report is the fact that more than 1/3 of all Wilsonville homes for sale saw a price drop before selling. Plenty of other helpful information is included, like the average days on the market it takes for a Wilsonville home to sell and the median list price.

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Click on Image to Enlarge

Click here or on the image above to view this new Wilsonville homes report.

3 Reasons To Sell Your Wilsonville Home Now

With the arrival of Spring’s beautiful weather, many Wilsonville homeowners are hearing others say: “Now is an excellent time to consider placing your home on the market for sale.”

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Wilsonville Field

However, you may have wondered why exactly is now such a good time to sell your Wilsonville home? Is it all about sunny skies? So if you’ve ever thought about selling your Wilsonville property, this article is for you. And here are three good reasons to now sell your Wilsonville, 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.

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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 to work with. 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!

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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 your lender charges. 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.

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

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

Wilsonville’s Most Affordable Home

With Wilsonville home prices averaging among the highest in our region, we were curious to find the least expensive Wilsonville home currently for sale.

So off we went on the hunt for Wilsonville’s cheapest detached, standard-framed, single family home now on the market.

This meant no manufactured homes. No condominiums. No townhouses, either.

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We did some sleuthing for Wilsonville’s most affordable home.

After digging deep into the substantial pile of available Wilsonville homes using resources from the Regional Multiple Listing Service, we found that one elusive, and exclusive, home.

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According to our research parameters, this is now Wilsonville’s most affordable home

With more than 1,100 square feet of living space, this cozy 3 bedroom, 1 bath ranch style home is truly move-in ready. Located in Wilsonville’s ‘old town’ district, another benefit of this property is the desirable, low traffic neighborhood. Plus, it’s located within walking distance to Boones Ferry Park and shopping, too. The price? $239,900.

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This affordable Wilsonville home features a charming interior, with wood floors, too!

Thinking about buying or selling a Wilsonville home? Contact our sponsor, Wilsonville’s very own Certified Realty using the convenient form below for a FREE telephone or in-person appointment to discuss your options.

March Roundup: 22 Wilsonville Homes Sold

As of this last day of March, 2014, the Regional Multiple Listing Service (RMLS) reported there were 22 Wilsonville homes sold this month.

Closing prices for these 22 properties range from $158,000 for a 2 bedroom condominium to $670,000 for a rambling, 4 bedroom, 3,100+ square foot ranch style home on 1.7 acres.

The largest Wilsonville home to sell this month was this 3,200 square foot Wilsonville residence built in 2005. It features 4 bedrooms and 2.5 baths.

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This Wilsonville Home Features 3,200+ Square Feet Of Living Space

Priced almost smack-dab-in-the-middle of this month’s highest and lowest Wilsonville homes sales price is this 4 bedroom, $415,000 Wilsonville home that sold after only 10 days on the market.

Wilsonville-Homes-1

The difference in price between the two largest Wilsonville homes sold this month is due in part to lot size.

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This Rambling Wilsonville Ranch Style Home on 1.7 Acres Sold For $670,000

Are you considering the sale of your Wilsonville home? Contact our sponsor, Wilsonville’s very own Certified Realty using the convenient form below for a FREE report on what your Wilsonville home could sell for in today’s market. 

 

 

Wilsonville Real Estate Update

Total home sales recently increased overall for our region, yet a new report on greater Wilsonville shows a -20.3% change in the number of home sales compared to the same month last year. In other helpful information, the average market time for a Wilsonville area home to sell is now 106 days, with home prices up 9.6% over the past year.

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Click Above Image For The Latest Wilsonville Real Estate Information

With an average selling price of $329,500, Wilsonville homes remain among the most highly valued in the region. Our backlog of housing recently jumped by nearly a month. At the current rate of home sales, we would now ‘run out of homes’ in 4.1 months.

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Home Inventory Increases

Read the complete recent Wilsonville homes report here and make sure to check out page #2 for the latest on prices, market times and other helpful real estate information on your local town or neighborhood.

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Regional Home Price Chart

Thinking about selling your Wilsonville home? Contact Wilsonville’s own Certified Realty, using the convenient contact form below for a FREE report on what your property could sell for in today’s market. Certified Realty is Oregon’s choice since 1950 and a WilsonvilleHomes.com sponsor.

Buyers Pay Top Dollar For Wilsonville Homes

Out of 15 towns and neighborhoods in our region, recent housing figures show greater Wilsonville is ranked #4 for highest average sales price.

Here’s the ranking:

1. Lake Oswego/West Linn – $486,600
2. West Portland – $457,500
3. NW Washington County – $376,100
4. Wilsonville/Tigard – $329,500
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Wilsonville, Oregon Field

View this complete latest report on Wilsonville area real estate by clicking here or on the image below.

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Thinking about buying or selling a Wilsonville area home? Use the convenient form below to contact our sponsor, Wilsonville’s own Certified Realty for a FREE consultation today!

Wilsonville Home Prices Are Up!

A recently released housing report reveals local home prices have increased nicely over the past year. The new survey from RMLS (Regional Multiple Listing Service) shows a 10.5% increase in home values throughout greater Wilsonville.

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Wilsonville offers newer neighborhoods like Villebois.

Average Home Price & Market Time
The current average selling price for a home for our area is now $315,600. The average time on the market is 74 days. 

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Regional Housing Price Chart

Low Housing Inventory Helps Values
Regional real estate prices continue their overall upward trend due in part to a lower than usual supply of homes.  With buyers chasing a smaller number of available properties, basic supply and demand principles create a ‘seller’s market’ around Wilsonville. At the current rate of home sales, our region would now be ‘out of homes’ in just 3.2 months, a historically low figure.

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Regional Home Inventory in Months

Read The Free Report 
View or download the free report on our local real estate market by clicking here or on the market action image below. Make sure to check out page 2 in this regional report for current real estate information on your county, town or neighborhood.

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Click Image For FREE Report

Contact The Experts
Thinking of buying or selling a Wilsonville area home? For a FREE consultation to discuss our market and your options, please contact our sponsor, Certified Realty today with the convenient contact form below.

Wilsonville Home Prices Up 10+%

The latest report on Wilsonville home prices shows a 10.5% increase in local home values over the past 12 months.

HomePrices

Low Inventory Rises Prices
Much of the increase in Wilsonville home values is driven by our low inventory of homes for sale. According to the Regional Multiple Listing Service (RMLS), our current regional housing backlog is now 3.2 months of supply, traditionally a very low figure.

PortlandMetro-MarketAction-December2013-page-001
Regional Housing Inventory-Click Image For Full Report

Click here to view this new FREE report on Wilsonville area home values, with a detailed summary on page 2 here.

For more information about buying or selling Wilsonville properties, contact our sponsor, Certified Realty using the convenient form below.

Wilsonville Home Price Report

The latest report on regional home sales was just released. The good news continues, as it reveals a housing market gaining strength. And while our inventory of homes has increased a bit, we still remain in what many consider a ‘seller’s market’ where competition among buyers is keen.

The average regional home sale price is now $310,000, up 13.9% over the past year. The new report also includes statistics on many nearby communities.  As you might expect, Wilsonville’s figures are unique, like other metro area towns.

Wilsonville area homes now average a selling price of $315,700. This is an increase of 9.8% over the past year. The average market time is now 78 days.  Click here for the complete FREE report, with specific information on Wilsonville area home prices in column 151, on page 2.

Wilsonville Home Prices
Regional Home Price Chart

Oregon Real Estate Update

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

Home Prices
For example, the average Wilsonville area home price is now up 8.8% to $315,700. The average Salem area home price is $187,900, up 10.7% from last year and the average Portland area home price is now $309,200, up 14.1% from last year.

Total Market Times Vary
Just as interesting is how long it takes for a house to sell. The average in the Portland metro area is about two months. The total average market time around Salem is closer to four months.

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

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The Willamette River passes through Wilsonville, Portland & Salem