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Southeast Portland Market Action Report for Aug. 2009

By
Real Estate Agent with RE/MAX Preferred Inc. Realtors

Southeast Portland Market Action Report August 2009

 

 

Southeast Portland Pending Sales Data Aug 2009

 

Southeast Portland Average Sales Price Report August 2009

 

 

Over all the greater Portland Metro market is showing mixed results. While some areas like North Portland and inner Northeast and Southeast Portland are showing strong results the outer areas continue to suffer with longer market times and continued lower prices.

Amount of over all inventory of 7.8 months worth allthough down from Januarys height of 19.2 months is now fairly stagnated for 3 months running.

It should also be noteworthy to understand the Price Range and Geographic make up of SouthEast Portland running all the way from the Willamette River ( Effectively block zero ) east towards Gresham to aprox. SE 177. The Northern boundary is East Burnside with Southern Boundary adjoining Milwaukie Close to Johnson Creek Blvd.