2012 Market Study

Dava Behrens’ 2012 Mid‐Willame e Valley Market Study

I’m Dava Behrens; a licensed real estate broker in the state of Oregon. I love my job and the wonderful people I meet and interact with. I have lived in Corvallis for more than 20 years and I love it here. The weather, the natural green environment, the close proximity to the coast and the mountains, the wonderful people, and the community I call home. I love it all.

I am known as many things to different people. Wife, mother, grandmother, sister, aunt, daughter, friend, real estate maven, scrapbooking buddy, amateur gardener, neighbor, mermaid collector, and crazed photographer. I’m a sports fan, but only when it comes to the Beavs. I will gladly wear black and orange to show my support!

I love to garden and play with plants. My favorite flower are orchids, but I also have an affinity for succulents. An que shopping is another pas me I enjoy, especially when I find something to plant those succulents in!

I am thoroughly involved within my community. I support local organiza ons like the Arts Center, Heart of the Valley Children’s Choir, and the Corvallis Boys and Girls Club.

I am a Southern California transplant and s ll have a deep apprecia on for the ocean, surfing, and Woodie cars.

I have been involved in all aspects of real estate transac ons for my en re adult career: sales, finance, tle, escrow, and construc on. This experience gives me the knowledge to guide my clients through what is usually the most significant financial event of their lives— buying or selling a home. As a full‐ me, full service real estate professional, I am commi ed to “doing what it takes” to deliver superior customer service.

Designa ons:  Cer fied Home Marke ng Specialist  Cer fied Nego a on Specialist  Graduate Realtor Ins tute®  General Member of Council of Residen al Specialist (CRS)

Memberships:  Willame e Associa on of REALTORS®  Oregon Associa on of REALTORS®  Na onal Associa on of REALTORS®

Awards:  Cer ficate of Excellence in 2009 from Benton County, City of Corvallis Historic Resources Commissions, and Preserva on Works for my work with the historic neighborhoods of Corvallis  Willame e Associa on of REALTORS® 2012 REALTOR® Of The Year for my level of involvement and commitment to my community and REALTOR® standards  Coldwell Banker® Company Awards  Interna onal President’s Circle  Interna onal Diamond Society  Interna onal Sterling Society

Included in this report: Corvallis Albany North Albany Philomath Lebanon Summary Source This market study was compiled using informa on from the Willame e Valley Mul ple Lis ng Service. Although the WVMLS does not entail 100% of the market, it does comprise a significant majority. In my opinion, the sta s cs, trends, and informa on contained herein are an accurate reflec on of the Mid‐Willame e Valley market.

Area This report covers property within both Linn and Benton coun es, in specific ci es. It does NOT include outlying areas and Alsea, Monmouth, Brownsville, Jefferson, Scio, Sweet Home, or other small communi es.

Time This report was prepared in March of 2013. Sales figures have been compiled since 2005. The term “Currently Listed” refers to proper es ac vely listed for sale and pending sales in the WVMLS as of January 1, 2013.

Corvallis Residen al Proper es

2005

2006

2007

2008

2009

2010

2011

2012

Number of Sales

779

772

651

501

464

469

496

573

Average Sales Price

$251,359 $291,958 $305,483 $301,363 $281,707 $279,284 $272,966 $285,772

6%

16%

4%

<1%>

<6%>

<0.8%>

<2%>

4%

Days on Market

111

107

107

114

133

128

127

118

Number of Ac ve Homes

NA

NA

NA

278

256

266

209

150

Number of Sales

% Change in Price VS Previous Year

Year

Currently Ac ve Homes Average Sales Price

Corvallis Residen al Proper es

Year

Year

Albany Residen al Proper es

2005

2006

2007

2008

2009

2010

2011

2012

Number of Sales

977

965

795

489

472

462

432

469

Average Sales Price

$166,639 $193,515 $198,199 $194,490 $180,037 $159,209 $152,843 $159,435

11%

16%

2%

<1%>

<7%>

<11%>

<3%>

4%

Days on Market

114

111

125

145

136

133

139

135

Number of Ac ve Homes

NA

NA

NA

343

326

276

225

180

Number of Sales

% Change in Price VS

Year

Currently Active Homes

Average Sales Price Albany Residen al Proper es

Year

Year

North Albany Residen al Proper es

2005

2006

2007

2008

2009

2010

2011

2012

Number of Sales

204

108

120

104

106

140

114

146

Average Sales

$280,895 $300,467 $331,243 $308,836 $267,337 $246,155 $227,137 $244,220

25%

6%

10%

<6%>

<13%>

<7%>

<7%>

7%

Days on Market

147

101

107

158

131

144

166

145

Number of Ac ve Homes

NA

NA

NA

89

100

86

74

63

Number of Sales

% Change in Price VS

Year

Currently Active Homes

Average Sales Price

North Albany Residen al Proper es

Year

Year

Philomath Residen al Proper es

2005

2006

2007

2008

2009

2010

2011

2012

Number of Sales

102

94

69

78

67

79

75

68

Average Sales

$234,232 $273,566 $300,784 $281,485 $240,809 $242,126 $248,024 $218,373

11%

16%

9%

<6%>

<14%>

0.5%

2%

<11%>

Days on Market

105

97

104

164

163

159

147

127

Number of Ac ve Homes

NA

NA

NA

71

54

47

41

39

Number of Sales

% Change in Price VS

Year

Currently Active Homes Average Sales Price

Philomath Residen al Proper es

Year

Year

Lebanon Residen al Proper es

2005

2006

2007

2008

2009

2010

2011

2012

Number of Sales

512

470

360

247

244

310

292

276

Average Sales Price

$157,254 $178,092 $182,222 $181,181 $156,349 $151,789 $135,051 $147,304

14%

13%

2%

<0.5%>

<13%>

<2%>

<11%>

9%

Days on Market

119

106

115

131

143

155

146

142

Number of Ac ve Homes

NA

NA

NA

237

233

222

207

135

Number of Sales

% Change in Price VS

Year

Currently Active Homes

Average Sales Price Lebanon Residen al Proper es

Year

Year

2012 Success Stories 4197 NW Douglas Avenue, Corvallis

2767 SW Titleist Court, Corvallis

8828 Cori Court, Corvallis

8113 Daphne Court, Corvallis

1780 Clover Ridge Road NE, Albany

3025 NW Manzanita Place, Corvallis

830 NW 11th Street, Corvallis

4994 SW Hollyhock Circle, Corvallis

1010 SW 11th Street, Corvallis

720 SW 56th Street, Corvallis

4905 SW Dakota Avenue, Corvallis

4364 NW Jon Place, Corvallis

1545 NW 12th Street, Corvallis

1425 NW Alta Vista Drive, Corvallis

4015 NW Elmwood Drive, Corvallis

1145 NW Oak Avenue, Corvallis

4764 SW Roseberry Street, Corvallis

2940 NW Circle Boulevard, Corvallis

1665 NW 11th Street, Corvallis

36393 Blueberry Drive, Lebanon

1620 NW Menlo Drive, Corvallis

3345 SW Long Avenue, Corvallis

4818 NW Bruno Place, Corvallis

4965 Mimosa Circle, Sweet Home

1215 NW 16th Street, Corvallis

3009 Maplewood Court, Philomath

3145 NW McKinley Drive, Corvallis

34212 Kowitz Road, Lebanon

4322 Independence Hwy NW, Albany

1990 Salmon Run SW, Albany

1175 SW West Hills Place, Corvallis

776 SE Winterfield Place, Corvallis