Home sales in the Eugene-Springfield area decreased in the past two months at a rate beyond normal seasonal slowing, according to the latest data from the Regional Multiple Listing Service.
September’s year-over-year pending and completed home sales were down 21.2% and 9.7%, respectively, while pending and completed sales in October dropped 22% and 23.1%, respectively.
Typical seasonal trends have home sales peaking in the summer months and bottoming out at the start of the year, but the recent decrease is beyond normal seasonal adjustments, according to Mara Gregory, the incoming president of the Springfield Realtors Association…