Portland Metro Market Stats – December 2011 & Year End

The latest RMLS Market Action report for the greater Portland Metro area shows closed sales rose 4% and pending sales increased 6% when comparing overall activity from 2010 with that of 2011. For the year, the average sale price dropped 6.7%, from $282,100 to $263,300, and new listings were down 25.4%.

When comparing December 2011 to December of 2010, closed sales were up 10.3%, pending sales increased 19.3% and new listings were down 11.7%. At December’s rate of sales, it would take approximately 5.3 months (the shortest time period in recent years) to sell the 8,612 active residential listings on the market.

Portland Market Action Dec 2011

To track market trends in your area, sign up for our exclusive Market Tracker report or contact a Prudential Northwest Properties real estate broker today.


Market Trend Spotlight – Portland, OR Zip Code 97229

Here’s a summary of the market trends in Portland’s 97229 zip code, which includes the communities of Cedar Mill, Northwest Heights, Rock Creek and Bethany. Average price has increased 2.48% from November 2010 to November 2011. If you would like to see current real estate activity and market trends in your area, please click here and register for Market Tracker. Simply enter your name, email address and zip code — your information will remain private and only be used for the purpose of sending you this automated report.

97229


Market Trend Spotlight – Vancouver, WA Zip Code 98664

Here’s a summary of the market trends in Vancouver’s 98664 zip code, which includes the Vancouver Heights, Marrion, and Ellsworth Springs neighborhoods. If you would like to see current real estate activity and trends in your area, please click the MARKET TRACKER graphic to the right of this image.

Vancouver 98664

Enter your name, email address and zip code … your information will remain private and only be used for the purpose of sending you this automated report.

 

 


Market Trend Spotlight – Lake Oswego, zip code 97035

Here’s a summary of the market trends in Lake Oswego’s 97035 zip code. If you would like to see current real estate activity & trends in your area, please click the MARKET TRACKER graphic to the right of this screen.

Market Tracker Spotlight 97035 Lake Oswego

Enter your name, email address and zip code … your information will remain private and only be used for the purpose of sending you this automated report.


Market Tracker: 97034 (Lake Oswego)

Welcome to Market Tracker, an exclusive Prudential Northwest Properties report that informs you of residential real estate sales activity and regional trends by zip code. The Market Summary below offers a look at sales activity for the prior month and year, along with current year to date statistics.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If you would like to be emailed an automated market summary for your zip code or an area you wish to monitor, please click here or ask your Prudential Northwest Properties agent to set it up. Your email address will not be shared or used for any other purpose.


Prudential Northwest Properties in the spotlight

Bert_RealtorsMakeThingsHappenDec09

Prudential Northwest Properties got extensive exposure in Pamplin Media Group’s recent special publication Realtors Make Things Happen.

Bert’s motivational and philanthropic endeavors were featured (page 4), along with Rob Levy’s progressive use of technology (page 12), and the value of the current and accurate market data in our Property Investment Profile, Market Tracker and HomeFinder Pro consumer reports (page 14).

Read all the articles here.


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