Market Update for Estacada, Oregon September 2013

By
Real Estate Agent with Elevate Realty Group NW by Keller Williams 200802165

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Estacada Market Report

The market is currently in the Buyer's Advantage zone (below 30), though not strongly so. The 90-day Market Action Index stands this week at 23.68 so buyers should expect to find reasonable levels of selection.Estacada Market Report

 

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

Estacada Market Report

 

If you would like an analysis on market trends in your area just contact me!

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Oregon Clackamas County Estacada
Groups:
Everything Oregon
Portland Metro Real Estate
Portland Metro
Tags:
market update
market analysis
estacada
estacada oregon

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
70,025

Molly LeBlanc

503-490-5229
Ask me a question
*
*
*
*
Spam prevention

Additional Information