Feb. 22, 2011

Gladstone Real Estate Market Update - February 2011

When taking a look at Gladstone real estate for single family homes (detached homes), we can see the Median List Price $199,900 with a price per square foot holding at $119. The median house size is 1811 sq feet with 3 beds and 2 baths.

 

To view Gladstone real estate listings, click on the map.

Separating the Gladstone real estate market into quartiles, where each quartile is 25% of homes ordered by price, we can see a better picture.
The top quartile (most expensive 25% of properties)has  median home specs as follows; $304,475, at 2472 sq ft on a 8,000-10,000 square foot lot with 4 beds, 2.5 baths and 39 years old. There are 16 homes on the market, 1 new listing and 189 DOM (Days on Market).
The next quartile (upper-middle 25% of properties) of Gladstone real estate has the following median home specs; $231,000 at 2050 sq ft on 8,000-10,000 square foot lot with 3 beds, 2 baths and 36 years old. There are 16 homes on the market, 3 new listings and a 135 DOM.
The 3rd quartile(lower-middle 25% of properties) of Gladstone homes for sale specs are; $184,950, 1656 sq ft on a 8,000-10,000 square foot lot, with 3 beds and 2 baths and 60years old. The DOM at 214with 60 Listings and 2 new.
The 4th quartile (lease expensive 25% of properties)of Gladstone houses specs are; $149,900, 1219 sq ft on 8,000-10,000 square foot lotlot with 3 beds, 1.5 baths and 57 years old. No new listings with 17 total listings and a 165 DOM.

Gladstone is located south of Portland at the confluence of the Clackamas andWillamette rivers. To the south, across the Clackamas River, is Oregon City.  Across the Willamette river  is where you would find West Linn real estate, while just to the north is the city of Milwaukie.

Many thanx to Pamela Magill at Ticor Title in Lake Oswego for the data breakout.

Click here for more information on Portland and West Linn Real Estate!

Rich Peralta

Rich Peralta is a real estate professional in the Portland Metro Area and West Linn Real Estate.

He can be reached at 503.961.2181 or by e-mail at rich.peralta@exprealty.com

Originally posted on West Linn Real Estate.

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