Portland West / Raleigh Hills -- What's Trending Year in Review

By
Real Estate Broker/Owner with BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% of the Time Licensed State of Oregon

Portland West / Raleigh Hills, OR  -- What's Trending Year in Review

These graphs show the activity and trends of "DETACHED" property in the Portland West / Raleigh Hills (Area 148) market.

Dates:  February 2009 through January 2010

Source: RMLS*

As you can see -- the Portland West/Raleigh Hills Market had its share of decline in values.  There were 2,801 listings during this period.   1,119 Sold, and there are 716 Active listings.  Total months of inventory: 7.7  

The Min. Sold Price was $65,000 and the Max. Sold Price was $6.5M.  With the AVERAGE SALES price in North Portland plugged in at @ $461,557.

Relocating to Portland

Relocating to Portland

Relocating to Portland

Relocating to Portland

RMLS used w/permission
Posted by

Buyer Focused ~ Buyer Results

 

Representing Buyers in the Portland Metro Real Estate Market | Clackamas Multnomah and Washington Counties | Since 1999

Carla Muss-Jacobs, REALTOR®, ABR, CEBA, ePro
Principal Broker/Owner

Direct: 503-810-7192 | BuyersAgentPortland.com | Carla@BuyersAgentPortland.com

Buyer Questionnaire

100% Buyer Representation ~ 100% of the Time

Isn't it time you had your own Exclusive Buyers Agent?

 

All Rights Reserved © 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Oregon Multnomah County
Groups:
City & State: Listings and Market Reports
Market Reports
Moving to Oregon
Portland Metro Real Estate
Posts to Localism
Tags:
relocating to portland

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the umbrella to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
400,897
Nevin Williams
Sierra Pacific Mortgage Raleigh - Raleigh, NC
Raleigh Mortgage Pro

Hi Carla - What do you think will happen with inventory this summer in your opinioin

Feb 17, 2010 01:15 PM #1
Rainmaker
400,897
Nevin Williams
Sierra Pacific Mortgage Raleigh - Raleigh, NC
Raleigh Mortgage Pro

I meant to say opinion!

Feb 17, 2010 01:16 PM #2
Rainmaker
1,271,516
Carla Muss-Jacobs, Principal Broker/Owner
BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% o... - Portland, OR
Buyer Focused ~ Buyer Results

My Magic Eight Ball says:

Did you mean for this specific market, or Metro Portland in general?  I'll assume you mean Metro Portland. 

Last year there was the tax credit for the majority of the year.  Listings were higher than solds.  So the inventory was great!  We need buyers, and with the tax credit not even running the full year (as it was in '09) Prices may have to come down even more in order to attract buyers, and make buying affordable.

 

Feb 17, 2010 01:45 PM #3
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the key to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Show All Comments
Rainmaker
1,271,516

Carla Muss-Jacobs, Principal Broker/Owner

Buyer Focused ~ Buyer Results
Planning to Buy a Home? Let's Chat . . .
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the computer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information