An Updated Report for Portland Real Estate for Single Family Detached Homes for Sale from the week of July 11, 2011 The median list price in Portland, OR this last week is holding at$285,000.  The asking price stays put at $147 per square foot.  48% of listings had a price decrease.  The average DOM (Days On Market) was [...] Read more

The average sale price of Portland real estate rose 1.8% from the prior month during June 2011.  The $4700 increase in average sale price ($262,400 to $267,100) is a welcome change.  The median sale price increased from $220,000 to $222,900 (1.3%). When comparing June 2011 to the same month the prior year (June 2010), the average [...] Read more

The average sale price of Portland real estate for May 2011 showed a minor drop (1.8%) from the prior month.   The average sale price went down from $267,300 to $262,400 while median sale price increased from $219,900 to $220,000 (0.1%).  When comparing May 2011 to the same month the prior year, the average sales price [...] Read more

Are you trying to figure out how much Portland home you can afford on your next real estate purchase? I cannot stress this more but talk to a home loan specialist when you are thinking (even in the future) of buying Portland real estate.  While the home loan process is not rocket science, it is [...] Read more