Beaverton Real Estate Market Report

The new year stated out with an adsorption rate for Beaverton real estate market of 7.0 months of inventory.

Within the first half of 2012, the Portland Metro is now down to 3.9 months of inventory.  

As this Beaverton Real Estate Market Report shows, the market has changed and inventory has decreased substantially and dramatically.

June 2012

Market Report

Beaverton

EBA Portland, LLC

June

2012

May

2012

April

2012

March

2012

Y-T-D
           

New Listings

 269 259 172

160

 1,444

Pending Sales

 223 226 158

144

 1,138

Closed Sales

 220 173

100

 120 877

Average DOM

 100 114 85

79

--

Average Sales Price

$215,200

$228,400

$249,668

$227,304

--

Months of Inventory*

 3.9 4.2 4.0

5.0

--

* Entire Portland Metro Area

        

  

The above chart shows the average price of Beaverton real estate for the past four months. The Beaverton real estate used for this market report is based on "DETACHED" properties -- excluding condos/attached homes/townhomes.  I used short sales and foreclosed properties in Beaverton.

My Advice To Buyers Looking at Beaverton Real Estate

With interest rates still low and interestingly the average price is down over $10,000 from last month, it's a great time to look at Beaverton real estate.   If you are looking to buy a home just now that at this point in time the inventory is low and buyers are out looking at Beaverton Real Estate. If you're serious about buying Beaverton real estate you will need to be prepared:

  • Find a great, hardworking real estate agent
  • Have your pre-approval in place, current and know what you can comfortable afford to purchase
  • Be diligent
  • Listen to your buyers agent's advice and counsel
  • Don't go it alone
  • Get an agent who represent buyers and understand they bring knowledge, experience and dedication to the table

Beaverton Real Estate for Sale

Here are a few nice Beaverton real estate properties:

  1. Photo of 16095 SW Cormorant DR, Beaverton, OR 97007 (MLS # 12655786)
    5 beds, 2 full, 1 part baths
    Home size: 3,349 sq ft
    Lot size: 12,196 sqft
    Broker reciprocity icon
     
  2. Photo of 18980 SW Cascadia ST, Beaverton, OR 97007 (MLS # 12543089)
    4 beds, 2 full baths
    Home size: 1,518 sq ft
    Lot size: 7,405 sqft
     
  3. Photo of 16245 SW Falcon DR, Beaverton, OR 97007 (MLS # 12417611)
    3 beds, 2 full, 1 part baths
    Home size: 3,395 sq ft
    Lot size: 24,829 sqft
     
  4. Photo of 18604 SW White Oak LN, Beaverton, OR 97007 (MLS # 12080604)
    3 beds, 2 full, 1 part baths
    Home size: 1,680 sq ft
    Lot size: 3,920 sqft
     
  5. Photo of 19132 SW Burkwood LN, Beaverton, OR 97006 (MLS # 12167594)
    3 beds, 2 full, 1 part baths
    Home size: 1,420 sq ft
    Lot size: 2,178 sqft

search Portland PropertiesEBA Portland ~~ 100% BUYER REPRESENTATION ~~ 100% of the Time

EBA Portland, LLC is an Exclusive Buyer Agency serving the Metro Portland real estate market since 1999. If you’re a Buyer in the Metro Portland area (including: Beaverton, Tigard, Hillsboro, Lake Oswego, Downtown Portland,) and contemplating a purchase, talk with a Buyer’s Agent . . . better yet, talk to an ExclusiveBuyers Agent. Exclusive Buyers Agents do not work for listing brokerages or Sellers. An EBA’s fiduciary dutyis: 100% BUYER REPRESENTATION . . . 100% of the Time.

 Carla Muss-Jacobs
503-810-7192
Carla@carlahomes.com 		         

BuyersAgentPortland.com

All rights reserved ©

 
This post has been included in Oregon Real Estate News Washington County, OR Real Estate News
Post is included in group: Diary of a Realtor
Post is included in group: Portland Metro Real Estate
Post is included in group: HyperLocal Neighborhood and Community Posts
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5 Comments on Baverton Real Estate Market Report | Beaverton Real Estate Market June 2012

JUL
16
363,805 Points 19 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

That is a very low number, 3.9. I'm guessing the Sellers are pretty happy. Is there much new construction in the area?
9:22pm • #1
JUL
17
1,003,964 Points 117 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Wayne . . . there is some new construction going on, I wouldn't say all that much, but enough ;-)
8:48am • #2
181,384 Points 1 Featured Post Outside Blog Attended Rain Camp

It sure sounds like a good time to look at Beaverton Real Estate...even with inventory decreasing, prices are getting even lower...wow!

 

Eve in Orlando
4:51pm • #3
JUL
18
495,610 Points 5 Featured Posts Outside Blog Called Shot Master

Hi Carla, great market report, easy to read and understand, home prices going down however number of units sold were up.   
6:53pm • #4
JUL
19
295,935 Points 6 Featured Posts Attended Rain Camp Called Shot Master

Carla, I was surprised at the numbers. Your market changed quickly from a buyer's market to a seller's market based on the absorption rate. Homeowners must have decided it is a good time to sell since your inventory is way up, as are sales so there are enough buyers. I am surprised though that the home values have come down slightly. With these home values "so low" (compared to our CA market) do you find that there are more Californians buying vacation homes?
9:03am • #5


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Carla Muss-Jacobs - Principal Broker/ Owner | Buyers Broker | Buyers Agent EBA (503-810-7192 | BuyersAgentPortland.com) Rainmaker_large

Carla Muss-Jacobs - Principal Broker/ Owner | Buyers Broker | Buyers Agent EBA

Portland, OR

More about me…

503-810-7192 | BuyersAgentPortland.com

Address: Beaverton OR, Portland OR, Forest Heights, Lake Oswego, Hillsboro, SW Portland, SE Portland, NW Portland, N Portland, Downtown, The Pearl, NE Portland, Milwaukie, West Linn, Aloha, Cedar Hills, Portland, OR

Office Phone: (503) 810-7192

Cell Phone: (503) 810-7192

Email Me

Author Bio: Carla Muss-Jacobs is the Principal Broker/Owner of EBA Portland, LLC an Exclusive Buyer Agency representing Buyers in the Portland Metro real estate market since 1999.

The Sellers have their own agent ~~ Why don't you have yours?  

Carla Muss-Jacobs practices the TRUE FORM of Buyer Agency ~~ Exclusive Buyer Agent.  Her office/brokerage never takes listings and never respresents the Seller.  Exclusive Buyer Agency is the BEST form of legal real estate representation a Buyer can have.  There is 100% Buyer Representation - !00% of the Time.  There are NO CONFLICTS OF INTEREST and there is no possibility of ever having YOUR Buyer Agency comprised.  When buying a house -- it's important to know who is working for you!!  



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