Portland Metro Market Stats – October 2011

RMLS has released the latest Market Action report for the greater Portland Metro area, and much like last month, the news is mixed. Comparing the period January – October of 2011 with the same time period in 2010 shows closed and pending sales are both up … 2.1% in closed and 4.5% in pending sales. When comparing October 2011 with September of this year, closed sales fell 7.1%, pending sales increased slightly and average price fell to $258,700, a drop of 3.5%.

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