Today is Friday, August 29, 2008 and it is time for another breakdown of homes sales in the Washington County, Oregon market. This week the stats came out for July 2008 versus July 2007 and the numbers are pretty amazing. Despite an average drop in home sales in Washington County of 33.95% from last year at this time, the prices still rose and average of .62% from last year. This is an interesting situation, because even though we have less people buying, we also have less people selling. So what does this mean to buyers who think we are completely in a buyers market? It means you better act fast before the interest rates rise and you lose the home of your dreams to someone else who decides not to wait. I look forward to reporting this summers sales at the end of August and hopefully I will have some good news.

So, if you have a family home that you are thinking about selling, this is a great time to get it on the market!

Here is a breakdown of homes sales for the week by neighborhood. Just click on the link to your neighborhood for the complete breakdown of what the average of homes that are on the market, how long they have been on the market, how many have sold, what their average price was, and how long they were on the market.

As always, if you are looking to buy or sell in the Washington County, Oregon area, I would love to show you how you can save the most money by being on your side during the negotiations.

Neighborhood # of Active Listings

Todd Clark - broker
Kastings & Associates
Phone: (503)524-9494
Fax: (503)622-8739