Gladstone, Oregon - Real Estate Market Update 4/25/10

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

GLADSTONE, OREGON - Home of the Pow Wow Tree

Portland Avenue

Located at the junction of the Clackamas River and the Willamette River. Gladstone has something for everyone: parks, boat launch, sports fields, and a Senior Center.

Clackamas River

Population in July 2008: 12,079.
Estimated median household income in 2008: $58,870.
Dec. 2009 cost of living index in Gladstone: 100.4 (near average, U.S. average is 100)

Boat Launch - Meldrum Bar - Willamette River

Market Trend Report:
There were 87 detached residential homes sold in the last 12 months.
The average sales price was $222,523.
The average days on market was 130.

There are currently 47 detached residential homes listed for sale.
Based on the absorption rate of the last 12 months there is approximately 6.483 months of inventory.

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

Gladstone Stats Chart

For more information about Gladstone, 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 
Donn's Real Estate Blog

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