The residential real estate market in Lane County is an interesting one right now. Closed sales were up in April over March, as well as new listings. I believe that the increase in home sales is the result of the short period in February and March when mortgage interest rates dipped below 6%. We witnessed a much more robust housing market for a short period before mortgage rates increased to well over 6% again. When we see May home sales numbers, I would guess that they might show a sharp decrease in home sales compared to April.
We also saw a sharp increase in the number of homes going on the market for sale in April. I believe that was also mortgage rate-driven, as the inventory of homes on the market for sale dipped quickly as a result of increased buyer activity. It appears that the number of homes now going on the market for sale has declined, and our inventory of active home listings has decreased. We are now at a point again where the selection of homes for sale is more limited.
I am not sure where the spring and summer housing market is headed. There are many factors that will determine the future of home sales in Lane County. We will most likely have a better idea of what the future market holds after we see the home sales numbers for May.
The following are the home sales numbers for Lane County for the month of April 2026.
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Haas Real Estate Team
541.349.2620