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 Real Estate
Portland Real Estate – September 2011 Market Update
In Portland real estate, for September 2011, the average sale price fell 1.3% from the prior month of August 2011. The $3600 decrease in average sale price ($271,800 to $268,200) was offset a little by the median sale price rising from from $225,000 to $230,800. That is a 2.6% increase. When comparing September 2011 to [...] Read more
Benefits of Using a Buyer’s Agent When Buying Portland Real Estate
There are some common misconceptions when you are buying Portland real estate. Two that come to mind are that you can either do a better job yourself in sourcing a home for sale, or that you are going to get a better deal if you approach the listing agent directly. Lets be clear about the [...] Read more
How To Attract Top Dollar Buyers to Your Portland Real Estate Listing
We have heard it all before, most sellers expect “top dollar” for their homes and most buyers want to pay “rock bottom” prices. However, there are buyers who will pay more for your home and they will not give it a second thought. How do you attract them? My initial question for sellers would be [...] Read more
Portland Real Estate – August 2011 Market Update
The average sale price of Portland real estate for August 2011 fell 1.2% from the prior month of July 2011. The $3300 decrease in average sale price ($275,100 to $271,800) is the first decline in two months. The median sale price decreased from $227,200 to $225,000 (-1%). When comparing August 2011 to the same month the [...] Read more
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 [...] Read more
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