The average sale price of Portland real estate for Ocotber 2011 fell 3.5% from the prior month of September 2011. The $9500 decrease in average sale price ($268,200 to $257,800) is typical for this time of year. Portland real estate sales will start to slow in October and remain slow until at least February. [...] Read more
Tag Archives: Portland Market update
Portland Real Estate RMLS Area Comparison For April 2011
Stacking each each of the designated RMLS areas up against each other(from the April 2011 Portland Real Estate Market Update), you can see that Lake Oswego / West Linn may have the highest average sales price but they also have the largest drop in 12 month change in value. Portland Metro Area Real Estate Market [...] Read more
Portland Real Estate Market Update – January 2011
Portland Real Estate Market Update for the first month of 2011. Portland real estate activity levels for January 2011 is as follows: 3,128 new listings, 1,489 pending sales, 11,697 homes actively marketed with over a 1,035 homes closed. The amount of Portland real estate sales compared to Portland homes for sale it would take 11.3 months for [...] Read more
Portland Real Estate Market Update – September 2010
Here is the latest market update for Portland Real Estate. When comparing September 2010 to September 2009, closed sales decreased by 22.3%. Pending sales and new listings also fell by 30.7% and 1.4%, respectively. A comparison of September 2010 with the previous month, August 2010, shows closed sales increased by 1.3% (1,399 v. 1,381). However, pending sales dropped by 6.2% (1,584 v. 1,688), and [...] Read more
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