Milwaukie, Oregon 97222 & 97267 Zip Codes - 12 Month Market Trends & Stats 12/1/2009-11/30/2010

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

Milwaukie, Oregon 97222 & 97267 Zip Codes -  12 Month Market Trends & Stats 12/1/2009-11/30/2010

Detached
There were 525 detached residential homes sold in the last 12 months.
The average sales price was $230,516.
The average days on market was 119.

200 sold with conventional financing.
192 sold with FHA financing.
95 sold for cash.
27 sold with VA financing.
4 sold on contract.
4 sold were other.
3 sold lease option.

115 of the homes sold were bank owned.
57 of the homes sold were short sales.
Total distressed home sales were 25.14% of the detached home market.

There are currently 345 detached residential homes listed for sale.
Based on last months sales there is approximately 8 months of inventory.

Attached / Condo
There were 10 attached / condo residential homes sold in the last 12 months.
The average sales price was $151,880.
The average days on market was 137.

3 sold with conventional financing.
1 sold with FHA financing.
6 sold for cash.

3 of the homes sold were bank owned.
2 of the homes sold were short sales.
Total distressed home sales were 50% of the attached / condo home market.

There are currently 26 attached / condo residential homes listed for sale.
Based on last 12 months sales there is approximately 31.2 months of inventory.

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