First time homebuyers...here's what the market is like in Tigard, Tualatin, and Inner SE Portland Neighborhoods

By
Real Estate Agent with Premiere Property Group,LLC Portland Metro & Suburbs Oregon

 

Here are a few statistics that I pulled from the RMLS (Regional Multiple Listing Service) for homes that are under $250,000 in a couple of areas in Portland. Even though it is technically a Buyer's market, when it comes to detached home prices under $250,000, they can move pretty fast (unless a short sale).

If you want to live closer in to the City, there are a few neighborhoods that fall into the 97214 and the 97202 zip codes. These are the Hawthorne, Division, Clinton, Brooklyn, WoodstockSellwood, Moreland and West Moreland and a few others. Many of the homes in this area are older, Max and Bike riding friendly.

In these two zip codes it breaks down with the following:

There are 54 properties in total as of 2/12/11 that are under $250,000. Out of the 54 I break it down further. In these neighborhoods, if a home is priced right and in decent condition, they move VERY quickly..especially in this price range.

Condos and Attached properties: 24 Total

17 are Straight sales

04 are Short Sales

03 are Bank Owned

Detached Properties:  30 Total

16 are Straight sales

06 are Short Sales

08 are Bank Owned

 

If you want to live a little further away, about 20 minutes from the City, here are the statistics for what is available in Tigard (97223,97224) and Tualatin (97062) under $250,000.

In Tigard, there are 169 total properties in this price range. This is not including the 55+ communities  in King City that are within this zip code. If you would like info on the 55+ homes, please contact me and I'll get that for you. There are more homes in this City to choose from than the others.

Condos and Attached: 74 properties                          

37 are Straight sales

26 are Short sales

11 are Bank Owned

Detached Homes: 95 properties

40 are Straight Sales

37 are Short Sales

18 are Bank Owned

 

 

Here are the statistics for all the homes in Tualatin that are $250,000 and under as of 2/12/11. There are a total of 44 properties. As you can see below, in this price range, there is not too many detached homes to choose from.

 Condos and Attached Homes: 22 Properties

12 are Straight Sales

04 are Short Sales

06 are Bank Owned

Detached Homes: 22 Properties

05 are Straight Sales

10 are Short Sales

07 are Bank Owned

If you want any more information on any other area or neighborhood in the Portland Metro area and it's suburbs, please feel free to contact me.

 

 

 

Posted by

 

Knowledgeable, Approachable, Service Oriented

Cindy Westfall ABR,GRI

Premiere Property Group,LLC

5000 Meadows Rd., Ste. 150, Lake Oswego, OR 97035

Cell: 503-819-5241      

E-Mail: cindy@cindywestfall.com

www.CindyWestfall.com

 

Cindy Westfall, Portland Real estate

 

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Disclaimer: All views on my blog are my own and may not reflect that of Premiere Property Group. All pictures and content are my own unless otherwise noted. Please No Copying without my permission.

 Cynthia Westfall is licensed in Oregon State

 

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