Portland, Oregon (West, Raleigh Hills) 12 Month Market Trend 5/1/10

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

The approximate boundaries for (West, Raleigh Hills) Portland, Oregon are as follows:
NORTH: Willamette River,
WEST: Cornelius Pass Rd. to Washington Co./MultnomahCo. line (including Raleigh Hills),
SOUTH: Multnomah Co./Clackamas Co. Line,
EAST: Willamette River. (Excludes Lake Oswego addresses.)

West Portland Map

Market Trend Report:
There were 1,195 detached residential homes sold in the last 12 months.
The average sales price was $453,927.
The average days on market was 145.

There are currently 919 detached residential homes listed for sale.
Based on the absorption rate of the last 12 months there is approximately 9.3 months of inventory.

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

Graph 1

Graph 2

Graph 3

Graph 4

Chart

For more information about Portland, 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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