Milwaukie, Oregon - Real Estate Market Update 4/23/10

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

Milwaukie, Oregon - Dogwood City of the West

Milwaukie

Location:
Milwaukie, OR is located in Clackamas County in the northern section of the Willamette Valley.  Recreational amenities in Milwaukie and its vicinity include, but are not limited to, the North Clackamas Aquatic Park, the Springwater Trail, and a Willamette River boat ramp. Clackamas County contains many amenities a short drive away including Mt. Hood and Timberline Ski areas, Molalla River State Park, and much more.

 Willamette River

Estimated Population in July 2008: 20,707
Estimated median household income in 2008: $55,400
Dec. 2009 cost of living index in Milwaukie: 99.9 (near average, U.S. average is 100)

Market Trend Report
There were 533 detached residential homes sold in the last 12 months.
The average sales price was $241,621.
The average days on market was 139.

There are currently 352 detached residential homes listed for sale.
Based on the absorption rate of the last 12 months there is approximately 7.925 months of inventory.

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

Milwaukie Stats Chart

For more information about Milwaukie, 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

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