The Chairman’s Report, a Real Estate Update from Bert Waugh, Jr.

The Chairman's Report





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).

Total days on market decreased by 17.9%  …  click here to read the full report.




Justin Trombello Joins the Prudential Northwest Properties Leadership Team

Justin Trombello

Justin Trombello

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!

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