Realty Times - Portland, Oregon Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Oregon > Portland
Northeast Portland - Northwest Portland - Portland Waterfront - West Portland

Market Conditions Summary for Portland, Oregon

Reported by

The Quintessential Team
as of 11/6/2009:

The Portland Market is definitely a Buyer's Market. A balanced market between buyers & sellers is about 5-6 months of inventory. Currently we are at 7.3 months. To sell a home today you need to be in peak condition and priced at or below the market... MORE->

Reported by

Helen Hoyt
as of 11/3/2009:

When you are in the close in city of Portland, the market is still good. It has gone down quite a bit since last year, but houses are still selling- and if something is priced a little low, it many times will still get multiple offers! When I... MORE->
About Helen Hoyt

Reported by

Eric Garland
as of 10/19/2009:

Annual Appreciation / Days On Market North Portland -11.0% / 89 N.E. Portland -10.1% / 84 S.E. Portland -10.6% / 104 West Portland -11.3% / 152 NW Wash. Co. -6.1% /... MORE->
About Eric Garland

Reported by

Tony & Libby Kelly, MBA, M.Ed.
as of 10/16/2009:

September Residential Highlights Sales activity in the Portland metro area continued to show improvement over same-month sales from a year ago. Pending sales were up 34.1% and closed sales rose 9.8% compared to September 2008. New listings... MORE->
About Tony & Libby Kelly, MBA, M.Ed.

Reported by

Salvador Del Cid
as of 10/15/2009:

Surprising (to me), Portland's home prices and housing inventory both improved from August to September, according to the latest Market Action report by the RMLS. The average home price in Portland in September 2009 was $290,100 compared to... MORE->
About Salvador Del Cid

Reported by

Victoria Rudzek, P.C.
as of 10/12/2009:

Are you interested in knowing what to expect from the Homeowner Affordability and Stability Plan? These are links to Treasury's: 1. Homeowner Affordability and Stability Plan Q&A's.... MORE->
About Victoria Rudzek, P.C.

Reported by

Roberta Nopson
as of 10/8/2009:

Portland area home sales trends and prices vary greatly from area to area. Metro average at 298,500 with median home sales at 259,000. Market time is running about 142 days. Current housing inventory at just over 14,000. This number has been... MORE->
About Roberta Nopson

Reported by

Kevin Begemann
as of 9/30/2009:

Residential inventory numbers decreased for the 7th straight month in July dropping to 7.3 months of supply. Inventory numbers haven't been that low since August of 2007. The average sales price for July was $288,600 down from June's $299,800. The... MORE->
About Kevin Begemann

Average Current Market Rating: 1.8 (8 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2 (8 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Oregon > Portland
Northeast Portland - Northwest Portland - Portland Waterfront - West Portland

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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