Happy Valley, Oregon - 12 Month Market Trend 6/2009-5/2010

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

Happy Valley, Oregon 97086 Zip Code -  12 Month Market Trend 6/2009-5/2010
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:

Detached
There were 347 detached residential homes sold in the last 12 months.
The average sales price was $372,408.
The average days on market was 169.

There are currently 227 detached residential homes listed for sale.
Based on the absorption rate of the last 12 months there is approximately 8.1 months of inventory.

197 sold with conventional financing.
76 sold with FHA financing.
53 sold for cash.
15 sold with VA financing.
6 were others.

Attached / Condo
There were 38 attached / condo residential homes sold in the last 12 months.
The average sales price was $251,378.
The average days on market was 130.

There are currently 32 attached / condo residential homes listed for sale.
Based on the absorption rate of the last 12 months there is approximately 10.7 months of inventory.

13 sold with conventional financing.
11 sold with FHA financing.
13 sold for cash.
0 sold with VA financing.
1 were others. 

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