Hot off the press as of today. Data is courtesy of the Market Action Report, a publication of the RMLS of Oregon. The Portland Metro area housing inventory has declined to 7.3 months of inventory, dropping for the sixth consecutive month, and down from January's high of 19.2 months of inventory. Wow. In addition, closed sales in July 2009 increased 11.9% when compared to June 2009 with pendings up slightly by .3%. This is positive news. Yamhill County Real Estate Oregon Stats for July 2009: 930 Total Properties on Market 107 Pending Sales (which is 7% higher than July 2008) 71 Closed Sales $237,200 Ave Sales Price 218 Ave Days on Market (ouch) For more information on other Regions in Oregon, just call The Herring Home Team, Rena Herring 503-793-2594 or email firstname.lastname@example.org.