SE Portland Real Estate Market Update – January 2012

The SE Portland real estate market finished December with 204 closed sales, which is up from 194 & 203 closed sales recorded in the prior months of November and October respectively. Of the 204 closed sales in December, 77 were distressed properties (foreclosures/short sales) representing 38% of the closed sales ……

Read More

NE Portland Real Estate Market Update – January 2012

The NE Portland real estate market finished December with 166 closed sales, which is up from the 149 & 162 closed sales recorded during the prior months of November and October respectively. Of the 166 closed sales in December, 47 were distressed properties (foreclosures/short sales) representing 28% of the clos……

Read More

North Portland Real Estate Market Update – January 2012

The North Portland real estate market (which is comprised of the zip codes 97203, 97217 & 97227) finished December with 66 closed sales, which is between the 66 & 54 closed sales recorded during November and October respectively. Of the 65 closed sales in December, 18 were distressed properties (foreclosures/s……

Read More

Downtown Portland Real Estate Market Update – January 2012

The downtown Portland real estate market (which is comprised of the zip codes 97201, 97204, 97205 & 97209) finished December with 52 closed sales, which is between the 45 & 55 closed sales recorded in November and October respectively. Of the 52 closed sales in December, 19 were distressed properties (foreclo……

Read More

SW Portland Real Estate Market Update – January 2012

The SW Portland real estate market (which is comprised of the zip codes 97219, 97221, 97225 & 97239) finished December with 110 closed sales, which is up from the 87 & 93 closed sales recorded during the prior months of November and October respectively. Of the 110 closed sales in December, 22 were distressed……

Read More

NW Portland Real Estate Market Update – January 2012

The NW Portland real estate market (which is comprised of the zip codes 97210, 97229 & 97231) finished December with 85 closed sales, which is between the 76 & 86 closed sales recorded during the prior months of November and October respectively. Of the 85 closed sales in December, 15 were distressed propertie……

Read More

Portland Real Estate Market Update – January 2012

The city of Portland real estate market finished December with 676 closed sales, which is up from the 615 & 652 closed sales recorded in the prior months of November and October respectively. Of the 676 closed sales in December, 198 were distressed properties (foreclosures/short sales) representing 29.3% of the clo……

Read More

Portland Metro Area Real Estate Market Update – January 2012

Our local multiple listing service (RMLS) released their market statistics for December yesterday. Overall, the number of active listings are down and sales activity is up from a year ago as well from the prior month of November. Consequently, home inventory declined to 5.3 months worth in December.  The inventory lev……

Read More

Canby Real Estate Market Update – January 2012

The Canby real estate market finished November with 17 closed sales which is between the 9 & 19 closed sales recorded during the prior months of October and September respectively. Of the 17 closed sales in November, 10 were distressed properties (foreclosures/short sales) representing 59% of the closed sales fo……

Read More

Newberg Real Estate Market Update – January 2012

The Newberg real estate market finished November with 20 closed sales which is between the 19 & 28 closed sales recorded during the prior months of October and September respectively. Of the 20 closed sales in November, 5 were distressed properties (foreclosures/short sales) representing 25% of the closed sales for……

Read More