Typical Home Median Prices for Portland Area as of the end of September 2008
With Price/average days on market
This is intended to give you a rough idea what homes in a particular area are selling at this price point. Median price is basically the average price, with some being higher and others being lower. Days on the market is the amount of days a home was listed for before if had an accepted sale offer, agian this is the average.
Eastside
North Portland $252,500/93
NE Portland $282,500/104
SE Portland $247,400/97
Clackamas/Happy Valley $290,000/111
Gresham $245,000/141
Westside
West Linn/Lake Oswego $450,000 /188
NW Portland $499,400 /156
Beaverton/Aloha $250,100 /114
Tigard/Tualatin $325,000/132
Wilsonville $325,000 /132
Hillsboro $259,900/131
What does all this mean? NOW IS A GREAT TIME TO BUY. Interest rates are still relatively low, inventory is high, prices are negotiable, and Sellers are motivated. It really doesn't get any better.
If honesty, integrity, market knowledge, trust worthiness Are important things to look for when choosing a real estate professional, then give me a ring.
Call Timothy 503-960-4589
Timothy S. Butterworth
Oregon Realty Company
215 SE 102nd Ave
Portland OR 97216
Cell 503-960-4589
Office 503-254-0100
Fax 503-252-6366
VM 503-493-6711
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