January 2011 RSS Feed

December Residential Highlights

Looking at the Portland Metro area market in 2010, December continued the trend of decreased activity toward the end of the year. However, closed sales underwent an uptick in December, reaching the highest monthly level since June. Inventory also saw its lowest level since June. Closed sales were down 2.9% compared to December 2009, but pending sales were up 6%. New listings dropped 8.5%.

Comparing the previous month of November 2010 with December 2010 shows closed sales jumped from 1,279 to 1,462 (14.3%). However, pending sales fell from 1,426 to 1,210 (-15.2%), and new listings dropped from 2,437 to 1,925 (-22.2%). At the month’s rate of sales, the 11,611 active residential listings would last about 7.9 months, a 2.3-…

November Residential Highlights

The Portland Metro area market continued to show decreases in activity in November. However, while closed sales were the lowest since February of this year, they decreased by only 1% from the previous month. Pending sales were also higher than November of the past two years. Closed sales were down 28.7% compared to November 2009, but pending sales were up 7.4%. New listings dipped down 1%.

Comparing the previous month of October 2010 with November 2010 shows closed sales decreased from 1,292 to 1,279 (-1%). Additionally, pending sales fell from 1,632 to 1,426 (-12.6%), and new listings dropped from 3,119 to 2,437 (-20.7%). At the month’s rate of sales, the 13,103 active residential listings would last approximately 10.2…

Beautiful Vancouver Heights Home for Sale

716 SE Sherley Court, Vancouver, Washington

Premier 0.52 acre lot located at end of quiet cul-de-sac. 

Entertainer's kitchen with:

• Granite slab countertops;
• Island with bar sink and breakfast bar seating;
• Built-in refrigerator;
• New solid oak cabinetry;
• Stainless steel appliances;
• Gas 5-burner cooktop; 
• Undermount sink;
• Double wall convection ovens;
• Built-in desk.

Gracious floorplan features: 

• 2,950 square feet all on one level;
• Attached 2 car garage;
• 4 oversized bedrooms plus bonus room;
• 3 bathrooms; 
• Gas forced air heating;
• Central air conditioning;
• Jetted tub;
• Dual sinks; 
• Utility room with sink, built-in cabinetry and windows;
• Vaulted…