Current Portland Property Statistics:
For a more detailed report e-mail me and request the RMLS market action report, or visit some of my monthly reports on Realty Times.
Date:January 2012 Month End Results
Most recent inventory statistics available in Portland, the average sales price and the average rolling price change from last 12 months to previous 12 months.
Inventory by Area by Month: If no new listings were added to the market the inventory in months tells us how long it would take to clear off the current inventory available at the current rate of sale.
Portland:
North Portland 7.4 months
West Portland 7.2 months
Northeast Portland 4.2 months
Southeast Portland 4.7 months
Suburbs:
Beaverton/Aloha 5.3 months
Hillsboro/Forest Grove 6.6 months
Gresham/Troutdale 7.7 months
Milwaukie/Clackamas 7 months
Oregon City/Canby 7.9 months
Lake Oswego/West Linn 7.9 months
Average Sales Price This Month: This is the average sales price by area for the month of October
Portland:
North Portland $199,700
West Portland $366,300
Northeast Portland $268,300
Southeast Portland $225,400
Suburbs:
Beaverton/Aloha $206,900
Hillsboro/Forest Grove $183,800
Gresham/Troutdale $216,600
Milwaukie/Clackamas $230,600
Oregon City/Canby $222,700
Lake Oswego/West Linn $364,800
Average Sales Price Percent Change: This calculate the rolling average sales price over the last 12 months to the rolling average sales price the previous 12 months. This is a great indicator as to if the market is appreciating or depreciating.
Portland:
North Portland -3.1%
West Portland -5.5%
Northeast Portland -6.2%
Southeast Portland -8.4%
Suburbs:
Beaverton/Aloha -8.8%
Hillsboro/Forest Grove -8.7%
Gresham/Troutdale -7.1%
Milwaukie/Clackamas -7.9%
Oregon City/Canby -7.2%
Lake Oswego/West Linn -1.3%
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