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November 27, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Northwest Portland in Portland, Oregon

Reported by Linda Quinn, Principal Broker, GRI, ABR, CRS, SRES

Updated November 6, 2009.

Current Market Rating: 1



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5
Buyer's

Seller's

Current Price Trend: 1



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5
Falling

Rising

There are 564 properties for sale and 82 went pending this last month. That is approximately 14%. Those that got an offer took 184 days to find a buyer and the average sales price is about $347,300.

ZIP Codes: 97229, 97225

Approximate Location Boundaries: North of I-26

Location Characteristics: This area is highly prized as being accessible and close to downtown Portland. Consisting of many hills and views with farming communities surrounding it in the North. Subdivisions started in the mid 80's and have continued to add more and more affluent neighborhoods. Forest Heights is known for it's planned community of schools,condos,single family homes, and shopping area. Bethany area furthur south has a great school reputation and can be half way between downtown Portland or Hillsboro's high tech companies. There is still land available to build & when the market returns we will see developments springing up.

For More Information:

View Market Conditions of other areas served by Linda Quinn, Principal Broker

Navigate: Top > Oregon > Portland > Northwest Portland

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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