Upload
andrewbeach
View
216
Download
0
Embed Size (px)
Citation preview
8/6/2019 April 2011 Market Action Report Portland Oregon Home Value Statistics Courtesy of Listed Sold Team of Prudential
1/7
A Publication of RMLS, The Source for Real Estate Statistics in Your Community
Copyright RMLS 2011. All Rights Reserved.
Residential Review: Metro Portland, Oregon April 2011 Reporting Period
April Residential Highlights
While sales activity was downin April 2011 compared with April2010, average and median saleprices increased compared withthe previous month of March 2011.Additionally, inventory was 0.7months lower than April 2010,
reaching the lowest inventory levelfor the area since October 2009.
Closed sales were down 17% inApril 2011 compared to April 2010.Pending sales were down 33%, andnew listings dropped 34.2%. Seeresidential highlights table below.
Comparing March 2011 withApril 2011, closed sales dipped from1,615 to 1,611 (-0.3%). Pending salesalso decreased from 2,014 to 2,005
(-0.5%). New listings went up from3,056 to 3,099 (1.4%).
At the months rate of sales, the10,593 active residential listingswould last about 6.6 months.
Sale Prices
Average sale price for April2011 declined 5.2% compared toApril 2010. Median sale price alsofell 8.4%. See residential highlightstable below.
Month to month, comparingMarch 2011 to April 2011, sale
prices increased. Average sale pricewent up from $261,100 to $267,300(2.4%) while median sale price alsoincreased from $215,000 to $219,900(2.3%).
Year-to-Date
Comparing January-April 2010with the same period in 2011, salesactivity was down. Closed salesdecreased by 6.6% (5,900 v. 5,513).Pending sales went down by 19.7%
(8,476 v. 6,806), and new listings fell30.9% (17,918 v. 12,378).
Additionally, the average saleprice fell 8.1% ($279,700 v. $257,000),and the median sale price dropped10.4% ($239,900 v. $215,000).
New
Listings
Pending
Sales
Closed
Sales
Average
Sale Price
Median
Sale Price
Total
Market
Time
April 3,099 2,005 1,611 267,300 219,900 153
Year-to-date 12,378 6,806 5,513 257,000 215,000 161
April 4,713 2,991 1,941 282,100 240,000 127
Year-to-date 17,918 8,476 5,900 279,700 239,900 138
April -34.2% -33.0% -17.0% -5.2% -8.4% 20.7%
Year-to-date -30.9% -19.7% -6.6% -8.1% -10.4% 16.5%
2011
2010
Change
Portland Metro
Residential
Highlights
*Inventory in Months is calculated by dividing
the Active Listings at the end of the month in
question by the number of closed sales for
that month.
Inventory in Months*
2009 2010 2011
January 19.2 12.6 11.3February 16.6 12.9 10.9
March 12.0 7.8 7.1
April 11.0 7.3 6.6
May 10.2 7.0
June 8.2 7.3
July 7.3 10.8
August 7.8 11.0September 7.6 10.5
October 6.5 10.7
November 7.1 10.2December 7.7 7.9
Percent Change of 12-Month Sale Price
Compared With The Previous 12 Months
Average Sale Price % Change:
-3.7% ($275,300 v. $285,900)
Median Sale Price % Change:
-3.7% ($233,100 v. $242,000)
*Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a propertyis re-listed within 31 days, Total Market Time continues to accrue; however, it does not include the time that it was off the market.
For further explanation of this measure, see
the second footnote on page 2.
CLICK HERE for your home's value
http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=36473http://listed2sold.com/prudential_nw/modules/global/forms/propertyinvestmentprofile.asp?AccountID=36473&acc=364738/6/2019 April 2011 Market Action Report Portland Oregon Home Value Statistics Courtesy of Listed Sold Team of Prudential
2/7
2 Copyright RMLS 2011. All Rights Reserved.
AREA REPORT 4/2011Metro Portland & Adjacent Regions, Oregon
1 Percent change in number of pending sales this year compared to last year. The Current Month section compares April 2011 with April 2010. The Year-To-Dasection compares year-to-date statistics from April 2011 with year-to-date statistics from April 2010.
2 % Change is based on a comparison of the rolling average sale price for the last 12 months (5/1/10-4/30/11) with 12 months before (5/1/09-4/30/10).3 Total Market Time is the number of days from when a property is listed to when an offer is accepted on that same property. If a property is re-listed within 31 da
Total Market Time continues to accrue; however, it does not include the time that it was off the market.
ActiveListings
NewListings
Expired/Canceled
Listings
PendingSales201
1
PendingSales201
1v.
20101
ClosedSales
AverageSalePrice
TotalMarketTime
3
NewListings
PendingSales201
1
PendingSales201
1v.
2010
ClosedSales
AverageSalePrice
MedianSalePrice
Avg.
SalePrice%
Change
2
ClosedSales
AverageSalePrice
ClosedSales
AverageSalePrice
ClosedSales
AverageSalePrice
141
N Portland 398 135 71 73 -41.6% 67 216,000 143 484 272 -29.2% 256 207,700 195,600 -5.6% 3 327,200 8 94,400 6 216,100
142
NE Portland 885 302 134 196 -38.0% 152 276,300 160 1,154 655 -26.2% 532 266,900 218,500 -0.3% 7 395,400 10 157,400 22 407,200
143
SE Portland 1,201 363 154 271 -33.4% 196 211,000 129 1,491 842 -28.2% 672 206,200 170,900 -4.0% 12 258,400 12 143,100 25 375,500
144Gresham/
Troutdale 787 177 117 127 -36.8% 114 175,500 127 830 460 -19.3% 394 198,200 172,500 -5.9% 3 361,700 24 64,300 11 186,000
145
Milwaukie/
Clackamas 950 239 114 157 -29.6% 102 242,400 179 1,002 527 -16.6% 426 240,000 219,800 -7.6% 1 516,600 18 153,200 4 215,900
146Oregon City/
Canby 691 159 86 107 -23.6% 93 233,400 183 654 375 -11.3% 292 218,500 205,100 -10.6% 1 70,000 12 175,600 3 170,300
147 Lake Oswego/
West Linn 801 211 91 110 -35.7% 89 431,500 198 816 386 -10.9% 309 399,400 350,000 -12.7% - - 2 332,500 1 399,000
148
W Portland 297 368 145 259 -17.0% 207 412,800 156 1,446 833 -2.6% 662 388,100 332,800 -1.5% 1 315,000 22 90,400 6 484,000
149
NW Wash Co. 475 143 48 107 -18.9% 86 381,900 123 570 340 -15.4% 282 342,900 308,900 -1.8% 2 430,800 14 196,100 1 260,000
150Beaverton/
Aloha 978 278 111 160 -46.1% 153 212,800 151 1,046 612 -26.3% 503 205,300 188,000 -6.2% 2 256,500 4 251,100 5 288,000
151 Tigard/
Wilsonville 1,023 270 124 168 -35.6% 137 268,300 167 1,059 545 -20.9% 423 274,400 253,000 -5.5% 2 39,400 14 291,700 9 206,400
152Hillsboro/
Forest Grove 748 184 47 136 -33.0% 102 200,900 125 808 473 -21.6% 376 199,600 184,500 -11.0% 7 234,000 7 108,700 14 270,200
153
Mt. Hood 151 25 11 8 -46.7% 5 222,500 106 94 27 -28.9% 24 200,300 202,500 -15.4% - - 2 76,000 - -
155
Columbia Co. 432 73 40 47 -26.6% 40 157,700 184 336 162 -10.5% 133 162,300 150,000 -10.3% 2 100,300 9 123,500 2 140,800
156
Yamhill Co. 776 172 88 79 -36.3% 68 183,000 155 588 297 -21.2% 229 178,800 165,000 -6.2% 2 355,800 14 223,400 5 203,400
18
0-195
200North Coastal
Counties 1,533 219 100 53 -24.3% 62 249,800 127 806 250 -12.9% 235 248,800 204,000 -8.5% 4 513,500 26 91,000 4 142,800
Year-To-Date
COMMERCIAL LAND MULTIFAMILYRESIDENTIAL
Year-To-Date Year-To-DateCurrent Month Year-To-Date
Note: Data for Polk and Marion Counties is now reported in the monthly Polk & Marion Counties Market Action Report.
8/6/2019 April 2011 Market Action Report Portland Oregon Home Value Statistics Courtesy of Listed Sold Team of Prudential
3/73 Copyright RMLS 2011. All Rights Reserved.
NEW LISTINGS
PORTLAND, OR
This graph shows the
new residential listings
over the past threecalendar years in the
greater Portland, Oregon
metropolitan area.
TOTAL ACTIVE
LISTINGSPORTLAND, OR
This graph shows the
total active listings over
the past three calendar
years in the greater
Portland, Oregon
metropolitan area.
ACTIVE
RESIDENTIAL
LISTINGS
PORTLAND, OR
This graph shows the active
residential listings over the
past three calendar years in
the greater Portland, Or-
egon metropolitan area.4000
6000
8000
10000
12000
14000
16000
Active Residential Listings
2009 2010 2011
5000
7500
10000
12500
15000
17500
20000
Total Active Listings
2009 2010 2011
0
1,000
2,000
3,000
4,000
5,000
6,000
New Listings
2009 2010 2011
8/6/2019 April 2011 Market Action Report Portland Oregon Home Value Statistics Courtesy of Listed Sold Team of Prudential
4/7 Copyright RMLS 2011. All Rights Reserved.4
This graph represents
monthly accepted oers
in the Portland, Oregon
metropolitan area over
the past three calendar
years.
PENDING LISTINGS
PORTLAND, OR
This graph shows the
closed sales over the past
ve calendar years in the
greater Portland, Oregon
metropolitan area.
CLOSED SALES
PORTLAND, OR
This graph shows the
average market time for
sales in the Portland,
Oregon metropolitan area
over the past three calendar
years.
DAYS ON MARKET
PORTLAND, OR
0
500
1,000
1,500
2,000
2,500
3,000
3,500
Pending Sales
2009 2010 2011
0
500
1,000
1,500
2,000
2,500
3,000
Closed Sales
2007
2008
2009
2010
2011
0
20
40
60
80
100
120
140
160
180
200
Average Market Time
2009 TMT 2010 TMT 2011 TMT
8/6/2019 April 2011 Market Action Report Portland Oregon Home Value Statistics Courtesy of Listed Sold Team of Prudential
5/7
Copyright RMLS
2011. All Rights Reserved.
5
This graph represents the average sale price for all homes sold in the Portland,
Oregon metropolitan area.
AVERAGE SALE
PRICE
PORTLAND, OR
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
Apr-01
Oct-01
Apr-02
Oct-02
Apr-03
Oct-03
Apr-04
Oct-04
Apr-05
Oct-05
Apr-06
Oct-06
Apr-07
Oct-07
Apr-08
Oct-08
Apr-09
Oct-09
Apr-10
Oct-10
Apr-11
Average Sale Price
100000
120000
140000
160000
180000
200000
220000
240000
260000
APR MAY JUNE JULY AUG SEPT OCT NOV DEC JAN FEB MAR APR
Median Sale Price: Portland, OR & Clark Co., WA
Clark County Metro Portland, OR
This graph shows the
median sale price ove
the past 12 months in
the greater Portland,
Oregon, metropolitan
area and Clark
County.
MEDIAN SALEPRICE
PORTLAND, OR
8/6/2019 April 2011 Market Action Report Portland Oregon Home Value Statistics Courtesy of Listed Sold Team of Prudential
6/7
$170,000
Yamhill County
$205,000N Portland
$210,800NE
Portland
$175,500SEPortland
$166,200Gresham
TroutdaleSandy
CorbettFairview $210,000
Mt. Hood:Zigzag
WelchesRhododendron
WemmeBrightwood
Government Camp
$210,800Milwaukie/Gladstone/
Boring/Clackamas
Estacada
$214,000
Oregon CityCanby
Molalla
Beavercreek
$382,500
Lake Oswego
WestLinn
$345,000
West
Portland
$308,500
North Washington County
Sauvie Island
$191,500
Beaverton
Aloha
$255,000
Tigard/Tualatin
Sherwood
Wilsonville
$190,500Hillsboro
Forest Grove
$ 139,000
Columbia County
$190,000Heights
$120,200Cent. Vancouver
$175,000
Cascade Park
$145,5005 Corners
Orch.
$173,000HazelDell
Minnehaha
$214,500Felida
$225,000
Salmon Creek
$260,000
Camas/Washougal
$262,500
Brush Prairie
Hockinson
$228,000
Ridgeeld/La Center
$201,500
Battle Ground
$220,000
N/NE Clark County
$147,500
Woodland
MEDIAN SALE PRICEApril 2011
PORTLAND
METRO
6 Copyright RMLS 2011. All Rights Reserved.
SW
WAShINGTON
8/6/2019 April 2011 Market Action Report Portland Oregon Home Value Statistics Courtesy of Listed Sold Team of Prudential
7/7
MULTIPLE LISTING SERVICE
Te statistics presented in Market
Action are compiled montly based on
figures generated by RMLS
.Market Action Reports are compiled for
the following areas: Portland metropolitanarea, Southwest Washington, Mid-Columbia, Columbia Basin, Baker County,Coos County, Curry County, DouglasCounty, Grant County, Lane County, Polk& Marion Counties, Union County, andWallowa County.
RMLS was formed by area Boards andAssociations of REALTORS in 1991.
E-mail subscriptions are available for$45 per year by contacting RMLS, (503)236-7657. Reproduction of any portion ofthis copyrighted material is prohibitedwithout prior approval of RMLS.
Cory Neu, Chairman of the BoardKurt von Wasmuth, President/CEOKelsey Brunson, EditorDanny Goleib, Assistant Editor
Copyright RMLS 2011. All Rights Reserved.
Lane County: FlorencePO Box 414
Florence, OR 97439(541) 902-2560Fax: (541) 902-1341
Curry CountyPO Box 6307
Brookings, OR 97415(541) 469-0219
Fax: (541) 469-9695
Lane County: Eugene2139 Centennial Plaza
Eugene, OR 97401(541) 686-2885
Fax: (541) 484-3854
Southwest Washington1514 Broadway, Suite 101
Vancouver, WA 98663(360) 696-0718
Fax: (360) 696-9342
Douglas County3510 NE EdenbowerRoseburg, OR 97470
(541) 673-3571Fax: (541) 673-6581
Corporate825 NE Multnomah, Suite 270
Portland, OR 97232(503) 236-7657
Fax: (503) 230-0689
Mid-ColumbiaPO Box 1088
Hood River, OR 97031
(541) 436-2956Fax: (541) 387-6657
Eastern OregonPO Box 751
Hermiston, OR 97838(541) 567-5186
Fax: (541) 289-7320
Coos County1946 Sherman Ave., Suite 101
North Bend, OR 97459(541) 751-1070
Fax: (541) 751-1083
Salem2110 Mission St. SE, Suite 305
Salem, OR 97302(503) 587-8810
Fax: (503) 585-3817
This graph represents the median sale price for all
condos sold in the last three calendar years in the
Portland, Oregon metropolitan area.
MEDIAN SALE
PRICE CONDOS
PORTLAND, OR
$120,000
$145,000
$170,000
$195,000
$220,000
$245,000
Median Condo Sale Price
2009 2010 2011
0
20
40
60
80
100
120
140
160
180
Se
p-03
De
c-03
Ma
r-04
Ju
n-04
Se
p-04
De
c-04
Ma
r-05
Ju
n-05
Se
p-05
De
c-05
Ma
r-06
Ju
n-06
Se
p-06
De
c-06
Ma
r-07
Ju
n-07
Se
p-07
De
c-07
Ma
r-08
Ju
n-08
Se
p-08
De
c-08
Ma
r-09
Ju
n-09
Se
p-09
De
c-09
Ma
r-10
Ju
n-10
Se
p-10
De
c-10
Ma
r-11
Affordability Index
AFFORDABILITY
PORTLAND, OR
AFFORDABILITY - According to a formula from the National Association of Realtors,buying a house in the Portlandmetro area is affordable for a family earning the median income. A family earning the median income ($71,200 in 2010,per HUD) can afford 164% of a monthly mortgage payment on a median priced home ($215,000 in March). The formulaassumes that the buyer has a 20% down payment and a 30 year fixed rate of 4.84% (per Freddie Mac).
This graph shows aordability for housing in the
Portland, Oregon metropolitan area in March 2011.