Market Statistics for September 2010 in the Portland Metro

Posted by Gerry Mains - Managing Broker on Wednesday, December 8th, 2010 at 10:45am.

September Residential Highlights

Comparing September 2010 to September 2009, closed sales decreased by 22.3%. Pending sales and new listings also fell by 30.7% and 1.4%, respectively. See residential highlights table below. A comparison of September 2010 with the previous month, August 2010, shows closed sales increased by 1.3% (1,399 v. 1,381). However, pending sales dropped by 6.2% (1,584 v. 1,688), and new listings fell by 7.3% (3,549 v. 3,829). At the month’s rate of sales, the 14,714 active residential listings would last approximately 10.5 months.

Sale Prices

The average sale price for September 2010 declined 3.5% compared to September 2009. The median sale price also fell 0.6%. On a month-to-month basis, comparing September 2010 to August 2010, the average sale price went down 6.5% ($279,900 v. $299,300) and the median sale price also dropped 4% ($240,000 v. $250,000).

Click here for more details.

Courtesy of RMLS.


Be the first to comment on this blog entry!

Leave a Comment

My Account

| Forgotten It?

Recent Blog Posts


Oregon Is The Number One State To Move To In 2013

Oregon was the top destination to move to in 2013. United Van Lines, the nation’s largest household moving company, released its 37th annual migration study t...

9 Comments Read More


Distressed Sales Drop From 28.6% to 15.1%

2013 was a year of significant improvements for the Portland real estate market. The number of distressed sales, otherwise known as bank owned or short sales, h...

3 Comments Read More


Portland #1 For Best US Cities For People 35 and Under

The city of Portland has enjoyed a long list of kudos and awards for the many things that make this city a great place to live. Today we won another award, thou...

6 Comments Read More

We're always on the lookout for talented real estate agents to join our growing team.

We offer cutting edge technology and some of the most competitive commission splits available.

Email Bookmark and Share