Please check here often for updates on Portland area Real Estate statistics.

Mar 23, 2013

Portland area Real Estate statistics for February, 2013

Posted by: Craig Edwards

 

Inventory of homes for sale in February, 2013 is at 4.5 months.   This low inventory will continue to put upward pressure on property values.  Inventory has consistently been 7.2 months or below for 2 entire years!!

 

The average sales price in February, 2013 rose 10.5% compared to the average sales price in February, 2012.  The median sales price has risen by 14.7% compared to a year ago. Total time on the market is down 15.7% compared to last year at this time.  

Feb 27, 2013

Portland, Oregon Real Estate Statistics for January, 2013

Posted by: Craig Edwards

Inventory of homes for sale in January, 2013 is at 4.7 months. This low inventory will continue to put upward pressure on property values. Inventory has consistently been 7.2 months or below for the last 23 months in a row!! Closed sales this January were the most in January since 2007 (1,344). The average sales price in Jan., 2013 rose 15.5% compared to the average sales price in January, 2012. The median sales price has risen by 19.5% compared to a year ago. Total time on the market is down 16.3% compared to last year at this time.