Portland Market Report for March 2009
Filed Under Uncategorized · Tagged: moving to portland, portland homes for sale, portland real estate, remax broker
Market Action Report , Source : RMLS Oregon for Residential Listings
The Portland Metro market activity continues to grow in 2009 although it is still slightly behind 2008 levels for the same reporting period last year.
March 2009 closed sales grew by 382% pending sales were up 28.3% over February 2009.
Inventory levels also dropped to 12 months, it’s lowest since October 2008. Average and Median sales price however continued to drop by 11.8% and 14% respectively for the month of March as compared with February.
Current Month Year to Date
New Listings 141 477 Area141 ( North Portland )
355 1,064 Area 142 ( Northeast Portland )
423 1,376 Area 143 ( Southeast Portland )
Pending Sales 82 193 Area 141
2009 180 430 Area 142
230 573 Area 143
Closed Sales 68 132 Area 141
117 303 Area 142
169 423 Area 143
Average Sales $216,600 $232,000 Area 141
Price $290,000 $296,000 Area 142
$237,400 $239,000 Area 143
Median Sales $229,600 Area 141
Price $260,000 Area 142
$210,000 Area 143
Days on The 114 Area 141
Market 130 Area 142
149 Area 143
All information is deemed to be accurate but not guaranteed and is only a partial amount of information provided by RMLS. Use of this information is for entertainment only and should not be used as a basis for conducting real estate activity.
Agent Profile
I work in the greater Portland Metropolitan area offering my 20 years of expertise to Buyer\'s and Seller\'s alike. I am able to keep track of my Buyer\'s and Seller\'s with out over extending my self through my Web sites. www.portlandrealproperty.com is for Sellers and Information where as www.househuntportland.com is for Buyers and www.portlandflips.com is for the Investor. The Buyer and Investor web sites allow purchasers to define thier search criteria with many of the same search criteria that Realtors use. They can also request to recieve an update of these properties as often as every 20 minutes refreshed 24 hrs a day by the local MLS. Property information will be emailed to the client on an intuitive street map with a photo, description, and an address allowing the Buyer to do a quick drive by if they choose before calling for an appointment. On the Purely Business side of Blogging be sure to stop by www.portlandflips.wordpress.com where you\'ll be sure to find many articles written about real estate as well as my Activerain Blog at www.activerain.com/blogs/herb
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