Wednesday, August 15, 2012

Portland Metro Market Report

The RMLS released their market trends for July 2012 today.  Here are the highlights from the Portland Metro area -

  • Pending sales rose 23% over July 2011
  • Year-to-date average sales price increased 2.5% over last year
  • Average days on the market dropped from 149 in 2011 to 120 this year
  • Inventory increased 3.9 months of supply in June to 4.6 months in July.  Inventory between 4 and 6 months is considered a stable, healthy market.

There is an abundance of information available for consumers today...let me help you simplify all the data to make smart financial decisions when buying or selling a home.  If you are buying/selling a home, I'd love to help guide you through the process into your new home.

Oregon - 503.212.2322
Washington - 360.977.8329
johnblom@hasson.com

Licensed in OR and WA

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