Portland City Limits Real Estate Market Report May 2008
Jun 14th, 2008 | By Bob Broad | Category: Market UpdateWe have preliminary market data for the month of May, 2008 for Portland City Limits Real Estate. Highlights Include:
* $292,000 median price is approximately 2% below May 07 $299,000 median price
* 884 properties under contract (pending sales) is ~26% below last May’s contract sales of 1,200*
* Sold properties in May were on market an average of 64 days
* There are approximately 6.3 months of inventory on the market at the May sales rate








