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Tigard, Oregon - 12 Month Market Trend 5/2/10

By
Managing Real Estate Broker with Alta Realty Company, LLC RB 21961

Tigard, Oregon
Located just southwest of Portland, Oregon.

Tigard Map

Demographics:
Estimated Population in July 2008: 48,713.
Estimated median household income in 2008: $64,944.
Dec. 2009 cost of living index in Tigard: 100.5 (near average, U.S. average is 100)

Market Trend Report:
There were 681 detached residential homes sold in the last 12 months.
The average sales price was $314,854.
The average days on market was 158.

There are currently 434 detached residential homes listed for sale.
Based on the absorption rate of the last 12 months there is approximately 7.8 months of inventory.

See the graphs and chart below of my research results for additional details:

Graph 1

Graph 2

Graph 3

Graph 4

Chart

For more information about Tigard, Oregon or any of the other local markets I provide help in, feel free to contact me.

Best Regards,

Donn Rasch
Real Estate Broker, CDPE
State Licensed Appraiser
RE/MAX Equity Group, Inc.
9200 SE Sunnybrook Blvd., #100
Clackamas, Oregon 97015 
503-658-5000
http://equitygroup.com/drasch
Donn's Real Estate Blog