Prudential Northwest Properties is proud to be a member of HomeServices of America, Inc., a Berkshire Hathaway affiliate and the second largest full-service independent residential real estate brokerage firm in the United States.
For a little insight on HomeServices and our family of respected affiliates, check out the latest video…
Portlant Metro RMLS Report: Comparing first quarter of 2012 with the same period in 2011, closed sales increased 12.2%. There were more closed sales in the first three months of 2012 than in any first quarter since 2007. Pending sales were up 18.2% in the quarterly comparison, with new listings decreasing by 12%.
A comparison of first quarter prices this year and last shows average sales price declined less than one-half percent. The average sale price was $251,700 in the first quarter of this year and $252,800 in the comparable period last year. The median sale price decreased 1.4% ($212,000 this year and $215,000 in 2011).
We’re pleased to welcome the newest member of the Prudential Northwest Properties leadership team, Justin Trombello. Justin has established a proven track record of success and enjoys a stellar reputation as a real estate practitioner. As Team Leader of our Columbia Tech Center branch, he will be sharing his expertise and helping his fellow Prudential brokers continue to raise the bar in real estate service in Southwest Washington. Justin, welcome to the leadership team — you are a wonderful addition!
A recent report from Realtor.com ranks the Portland/Vancouver metro area #10 in markets with the greatest drop in year over year for-sale inventory. With great rates and nearly 39% fewer available homes this year, the spring buying season shows promise.