October's Residential Highlights for the Greater Portland Metro area continue to show an upward trend compared to the same month a year ago. Inventory levels continue to drop showing 6.5 months a level not seen since August 2007 down from its previous high of 19.2 months reported in January 2009.
Southeast Portland's Data over all reflects a Continuing drop in Average and Median Sales Price while inventory levels and Days on the market remain stable. Pending sales are up slightly over last month but closed sales are down.
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