September 2008 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending September 30, 2008

The overall market conditions at the end of September remain slow. Year to date the average price declined by 5.6%. Comparing September to August 2008 the average price dropped 4.6%. Inventory increased from 9.9 to 10.4 months. With the current rate of sale it would take 10.4 months to sell off all the inventory. The average market time for homes that actually close is 129 days which has increased by 8 days from August. Pending and closed sales dropped 11.7% and 12.1% respectively.


For the corresponding statistical data for market conditions ending September 30, 2008 click here.

Click on any link below to see any of the previous market condition summaries for Portland residential real estate broken down by month and year:

Real Estate Market Conditions Archive For Portland, Oregon:

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Portland Real Estate
Inventory: 2008
Dec 2008
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Portland Real Estate
Inventory: By Year
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