Market Conditions

By
Real Estate Appraiser with Wise Appraisal

The current market conditons in Oregon, Willamette Valley, area seem to be stablizing witj realtors reporting smaller buyer pools and longer days on market for sales. Typically, single family residential urban properties are days on market are averaging approximately 124 days. Small income multi famiy properties days on market are averaging about ad been increasing with a current downward spike that appears to be stabilizing. This could continue downward if inventory levels remain high and fewer buyers are actively seeking good properties. All-in-al, the Willamete Valley in Oregon could be currently healthier in market conditions than Portland.

Wally Wise

Wise Appraisal

Comments (4)

The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

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Troy Trumm

Jun 20, 2008 08:30 AM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

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Jun 20, 2008 04:33 PM
Kelly Winch
Cascades Sotheby's International Realty - Sunriver, OR
Broker, CDPE

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Jun 21, 2008 10:42 AM
Neal Barnes
Starstate Realty - Killeen, TX
Broker, REALTOR, ABR, CRS, GRI, SRES, SRS.

Hi Walter  -  Have ya been fishin' lately?  Welcome to ActiveRain.  I look forward to reading your future post.  Have a great day!!!

Oct 12, 2008 05:57 PM