Located just southeast of Portland, Oregon. Demographics:Estimated Population in July 2007: 4,992.Estimated median household income in 2008: $118,241.Dec. 2009 cost of living index in Happy Valley: 99.6 (near average, U.S. average is 100) Market Trend Report:There were 343 detached residential homes sold in the last 12 months.The average sales price was $382,329.The average days on market was 182.There are currently 225 detached residential homes listed for sale.Based on the absorption rate of the last 12 months there is approximately 8 months of inventory. See the graphs and chart below of my research results for additional details:
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