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Portland Metro Area Residential Sales and listings statistics for October, 2008

By
Real Estate Agent with Century 21, Wright & Assoc.

Statistics You Must Know

Portland, Oregon Metro Area

Time period (October, 2008)

 

Total Active Residential Listings                    16,257

 

Compared to last year this time                    15,567

 

Total Market Time (October 08)                    127

 

Compared to last year (October 07)               64

 

Number of Sales (Year to date)                      16,690

 

Compared to last Year (Year to date)            24,677

 

Average Sales Price (Year to date)                 333,600

 

Compared to last year (Year to date)             342,500

 

Overall Appreciation/Depreciation                 -.32%

Month over month

 

Overall Appreciation/Depreciation                 -2.59%

Year over Year

 

Inventory in Months (October 08)                  11.1

 

Inventory in Months (October 07)                  8.4