Sales Update for Portland OR

Real Estate Agent with Carol West Real Estate, LLC 200407124

The improvements in our economy are encouraging if slight. However, I'll take whatever good news I can and share it with others as 'perception' is an important part of our emotional/economic pie. While sales statistics are more relevant in a local context, here is a recap for Portland, Oregon's up through November: 


How Is the Market in Portland? 

Total Active Residential Listings 13,105
Total Market Time (Nov., 2010) 140 days-increased
Compared to last year (Nov., 2009) 131 days
Average Sales Price (Nov., 2010) $271,900-decreased
Average Sales Price (Oct., 2010) $276,800
Closed Sales Year to Date (Jan-Nov., 10) 17,385-increased
Closed Sales Year to Date (Jan-Nov., 09) 17,340
Inventory in Months (Nov., 2010) 10.2-increased
Inventory in Months (Nov., 2009) 7.1

Closed sales decreased by 1% Oct 2010 to Nov 2010.



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Nevin Williams
Fairway Independent Mortgage Corporation - Cary, NC
Senior Mortgage Advisor

Hi Carol - My realtors in Portland have been enduring a slow real estate market. I don't notice it as much because I am licensed to do loans in several states. Nice job in sharing the good news and all the best to you for a great year!

Jan 05, 2011 02:08 PM #1
Carol West
Carol West Real Estate, LLC - Hillsboro, OR
Real Estate Agent, Hillsboro, Beaverton, Portland

Hi Nevin-So glad your diversification has created a strong base for your business. It's been a slow November & December this year as opposed to last. Wishing you a fabulous year! Carol

Jan 06, 2011 07:07 AM #2
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Carol West

Real Estate Agent, Hillsboro, Beaverton, Portland
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