Portland Market Report for September and 1st 3 Quarters
Residential
September
Active Listings - 60
New Listings - 10
Deposits - 5
Closed - 4
Average Sale Price - $285,500
SP/SqFt - $131.17
DOM -60
1/1/2008 - 9/30/2008
Closed - 63
Average Sale Price - $274,058 Median Sale Price - $255,000
SP/SqFt - $157.91
DOM - 62
1/1/2007 - 9/30/2007
Closed - 72
Average Sale Price - $270-652 Median Sale Price - $258,000
SP/Sq.Ft - $150.84
DOM - 61
Overall sales are down by 12.5%. Average sale prices are up by 1.3%, but median sale prices are down by 1.2 %. Again Portland seems to be holding its own with no major changes in prices.
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