Aug. 23, 2011

Portland Real Estate – July 2011 by RMLS Area

Below are two charts with more numbers from last months Portland real estate market update.  The first shows how each of the designated RMLS areas stacked up against each other.  They are listed from highest average sales price to lowest.

Portland Metro Area Real Estate Market Data by RMLS Area

Area YTD Avg.
Sale Price
YTD Median
Sale Price
12-Mo. Change Total Mkt
Time*
Lake Oswego / West Linn $423,500 $371,800 -9.1% 149
West Portland & Downtown $389,900 $329,900 -1.3% 161
NW Washington County $362,000 $320,000 -0.7% 112
Tigard / Tualatin / Sherwood / Wilsonville $278,700 $258,900 -6.0% 146
Northeast Portland $268,400 $225,000 -3.7% 109
Milwaukie / Clackamas $237,800 $219,800 -10.1% 97
Oregon City / Canby $229,300 $208,500 -9.6% 82
North Portland $217,300 $205,000 -6.0% 98
Southeast Portland $211,400 $178,800 -6.6% 102
Beaverton / Aloha $208,000 $190,000 -11.2% 135
Hillsboro / Forest Grove $204,200 $190,000 -10.8% 136
Gresham / Troutdale $194,700 $175,000 -7.4% 170
Yamhill County $193,900 $172,300 -6.7% 188
Columbia County $160,900 $145,000 -12.7 142

 

Portland Real Estate Market Data for July 2011

  July 2011 Prev. Month -
June 2011
Last Year -
July 2010
Median Sale Price $227,200 $222,900 $246,000
Average Sale Price $275,100 $267,100 $297,000
Closed Sales 1,709 1,958 1,412
Pending Sales 1,928 2,011 1,629
New Listings 2,942 3,143 4,029
Active Listings 11,970 11,817 15,271
Distress Sales 28% 34% 31%
Total Market Time * 132 days 134 days 121 days
Inventory (in months) 7.0 6.0 10.8

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Rich Peralta is a real estate professional in the Portland Metro Area, including Lake Oswego, Tualatin and  West Linn Real Estate.

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

Contact him  for more information on Portland,  Lake Oswego or West Linn Real Estate!

Originally posted on West Linn Real Estate.

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