North Portland Real Estate Market Report - May 2008
Jun 10th, 2008 | By Bob Broad | Category: Market Update, NE Portland 
I have preliminary market data for the month of May, 2008 for North Portland Real Estate.
Highlights Include:
- $252,500 median price is just down 1% from May 07 $255,000 median price
- 122 properties under contract (pending sales) is approximately 13% below last May’s contract sales of 141*
- Sold properties in May were on market an average of 9of just 43 days
- There are approximately 4.8 months of inventory on the market at the May sales rate. This would indicate it’s still a SELLERS MARKET in North Portland.
Market Data for North Portland Real Estate - May 2008
This report charts and tables with the following data: median pricing, new listing, for sale listings, pending sales, closed sales, days-on-market, and months-of-supply for West Portland (RMLS Region 148) for each month from May 2006 - May 2008.
* This data is still early, final May numbers will not be reported until mid-month.
Related posts:
- North Portland Real Estate Market Report - May 2008
- Northeast Portland Real Estate Market Report - May 2008
- Portland West Real Estate Market Report - May 2008
- Southeast Portland Real Estate Market Report - May 2008
- Lake Oswego-West Linn Real Estate Market Report - May 2008
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