Beaverton Real Estate Market Report
The new year stated out with an adsorption rate for Beaverton real estate market of 7.0 months of inventory.
Within the first half of 2012, the Portland Metro is now down to 3.9 months of inventory.
As this Beaverton Real Estate Market Report shows, the market has changed and inventory has decreased substantially and dramatically.
|
June 2012 Market Report Beaverton EBA Portland, LLC |
June 2012 |
May 2012 |
April 2012 |
March 2012 |
Y-T-D |
|
New Listings |
269 | 259 | 172 |
160 |
1,444 |
|
Pending Sales |
223 | 226 | 158 |
144 |
1,138 |
|
Closed Sales |
220 | 173 |
100 |
120 | 877 |
|
Average DOM |
100 | 114 | 85 |
79 |
-- |
|
Average Sales Price |
$215,200 |
$228,400 |
$249,668 |
$227,304 |
-- |
|
Months of Inventory* |
3.9 | 4.2 | 4.0 |
5.0 |
-- |
|
* Entire Portland Metro Area |
The above chart shows the average price of Beaverton real estate for the past four months. The Beaverton real estate used for this market report is based on "DETACHED" properties -- excluding condos/attached homes/townhomes. I used short sales and foreclosed properties in Beaverton.
My Advice To Buyers Looking at Beaverton Real Estate
With interest rates still low and interestingly the average price is down over $10,000 from last month, it's a great time to look at Beaverton real estate. If you are looking to buy a home just now that at this point in time the inventory is low and buyers are out looking at Beaverton Real Estate. If you're serious about buying Beaverton real estate you will need to be prepared:
- Find a great, hardworking real estate agent
- Have your pre-approval in place, current and know what you can comfortable afford to purchase
- Be diligent
- Listen to your buyers agent's advice and counsel
- Don't go it alone
- Get an agent who represent buyers and understand they bring knowledge, experience and dedication to the table
Beaverton Real Estate for Sale
Here are a few nice Beaverton real estate properties:
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$485,900 : 16095 SW Cormorant DR, Beaverton5 beds, 2 full, 1 part baths
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$137,500 : 18980 SW Cascadia ST, Beaverton4 beds, 2 full baths
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$599,900 : 16245 SW Falcon DR, Beaverton3 beds, 2 full, 1 part baths
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$179,900 : 18604 SW White Oak LN, Beaverton3 beds, 2 full, 1 part baths
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$189,500 : 19132 SW Burkwood LN, Beaverton3 beds, 2 full, 1 part baths
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