Archive for Philomath Real Estate

Philomath, Oregon | Absorption Rates through November 2009

Includes all single-family residential properties on less than two acres
as reported by WVMLS.
Data taken from WVMLS 12/9/2009

Price Range Active Listings as of 12/9/2009 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * 1 0 * 55
$100,000 – $149,999 4 9 2 3 181
$150,000 – $199,999  10 7 1 9 118
$200,000 – $249,999 9 8 1 7 198
$250,000 – $299,999 6 3 1 12 301
$300,000 – $349,999 3 2 0 9 77
$350,000 – $399,999 3 2 0 9 143
$400,000 – $449,999 1 2 0 3 93
$450,000 – $499,999 1 1 0 6 153
$500,000 – $599,999 * * * * *
$600,000 – $699,999 * * * * *
$700,000 + 1 1 0 6 14
  38 36   7 133

Expanded and Extended Tax Credit Information–From the Expert

Questions and Answers from the Expert about the Expanded and Extended Tax Credit

Sellers and Buyers in and around the Corvallis and Albany, Oregon real estate markets can benefit from a clear understanding of the opportunities the Expanded/Extended Home Buyer Tax Credit provides.

An excellent source for answers to questions you may have about the expanded and extended tax credit for First Time Home Buyers and Long Time Home Owners that are thinking of making a change can be found at the Q & A page for the I.R.S.  The ultimate resource for information about taxes, tax credits and all other information that relates to the Expanded and Extended Tax Credit for buying a home.

It is possible to have parent (or other family members) assist in the purchase and still be eligible for credits.

If you are currently a homeowner and meet the other requirements, you do not have to sell your existing home (you could rent it out), but you do have to occupy the newly acquired home and meet all the other requirements.

You do not have to “buy up” or, in other words pay more for the new house.

Read the Questions and Answers about the tax credit for Home Buyers. This is truly a limited time opportunity.

I.R.S. Information about the Expanded and Extended Tax Credit

As always, seek the advice of a qualified tax advisor if you have questions about tax laws and how they pertain to personal circumstances.

Coming Soon | 3 Bedrooms | 2.5 Baths | $257,000

I have a new listing coming on the market very shortly and just wanted to let everyone know about it before it gets here!

Spacious and clean Philomath home with amazing views of Mary’s Peak and the rest of the Coast Range.  Landscaped yard with underground automatic sprinklers and trickling stream water feature. Large open living area with westward facing balcony to take advantage of those wonderful views! 3 bedrooms, 2.5 baths, approximately 1843 sq. ft. on .38 acres.  Take advantage of the extended first time home buyer/expanded buyer tax credit.

Located just of west of Corvallis and easy commute to Corvallis employment, including Oregon State University)

Philomath, Oregon | Absorption Rates through October 2009

Includes all single-family residential properties on less than two acres
as reported by WVMLS.
Data taken from WVMLS 11/10/2009

Price Range Active Listings as of 11/10/2009 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 * 1 0 * 55
$100,000 – $149,999 4 8 1 3 177
$150,000 – $199,999  9 5 1 11 122
$200,000 – $249,999 9 8 1 7 198
$250,000 – $299,999 5 3 1 10 301
$300,000 – $349,999 3 2 0 9 117
$350,000 – $399,999 3 2 0 9 143
$400,000 – $449,999 2 1 0 12 106
$450,000 – $499,999 1 * * * *
$500,000 – $599,999 1 * * * *
$600,000 – $699,999 * * * * *
$700,000 + 1 1 0 6 14
  38 31   8 137

Philomath, Oregon | Absorption Rates through September 2009

Includes all single-family residential properties on less than two acres
as reported by WVMLS.
Data taken from WVMLS 10/13/2009

Price Range Active Listings as of 10/13/2009 Sold Listings Last 6 Mos. Average Sold Per Month Months of Inventory Av. Days on Market Solds
$0 – $99,999 1 1 0.17 6.00 55
$100,000 – $149,999 5 7 1.17 4.29 154
$150,000 – $199,999  11 6 1.00 11.00 113
$200,000 – $249,999 6 8 1.33 4.50 171
$250,000 – $299,999 5 3 0.50 10.00 301
$300,000 – $349,999 1 2 0.33 3.00 117
$350,000 – $399,999 7 1 0.17 42.00 254
$400,000 – $449,999 3 1 0.17 18.00 106
$450,000 – $499,999 2 * * * *
$500,000 – $599,999 1 * * * *
$600,000 – $699,999 * * * * *
$700,000 + 1 1 0.17 5.88 14
43 30 11.63 143

591 Neabeack Hill Drive, Philomath, Oregon

SOLD!

HOME FOR SALE– 591 Neabeack Hill Drive, Philomath, Oregon

Truly, exceptional semi-custom home has incredible views. Main level features, master suite, 2nd bedroom, versatile floor plan offers many options, open kitchen and living room, vaulted with “great room” feel. 2 full baths. Lower level features family room, 2 bedrooms, full bath and exercise or media area. Custom architectural details and paint touches add to charm. Property is located on the eastern border between Corvallis and Philomath. 4 bedrooms, 3 baths, approximately 2925 sq. ft.



MLS#571502