July 25, 2011

Portland Real Estate – June 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 Real Estate Market Data for June 2011

  June 2011 Last Month -
May 2011
Last Year -
June 2010
Median Sale Price $222,900 $220,000 $239,900
Average Sale Price $267,100 $262,400 $275,500
Closed Sales 1,958 1,742 2,050
Pending Sales 2,011 2,167 1,493
New Listings 3,143 3,348 3,482
Active Listings 11,817 11,825 14,372
Distress Sales 34% 38% 28%
Total Market Time * 134 days 145 days 123 days
Inventory (in months) 6.0 6.8 7.0

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 $411,700 $361,000 -10.1% 193
West Portland & Downtown $389,500 $329,900 -0.7% 159
NW Washington County $343,200 $315,000 -3.1% 89
Tigard / Tualatin / Sherwood / Wilsonville $279,400 $259,900 -5.1% 130
Northeast Portland $268,500 $223,500 -2.4% 116
Milwaukie / Clackamas $237,700 $220,700 -9.9% 127
Oregon City / Canby $223,300 $205,000 -10.2% 183
North Portland $210,800 $199,700 -7.3% 123
Southeast Portland $209,200 $176,300 -6.4% 107
Beaverton / Aloha $206,100 $190,000 -8.8% 106
Hillsboro / Forest Grove $202,600 $186,900 -10.7% 124
Gresham / Troutdale $194,100 $174,900 -7.7% 135
Yamhill County $192,300 $170,000 -5.7% 206
Columbia County $161,700 $145,000 -11.4% 161

 

 

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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