Portland West Real Estate Market Report - May 2008
Jun 10th, 2008 | By Bob Broad | Category: Market Update, NW Portland, SW Portland 
I have preliminary market data for the month of May, 2008 for Portland West Real Estate.
Highlights Include:
- $365,000 median price is approximately 7% below May 07 $393,000 median price
- 232 properties under contract (pending sales) is approximately 29% below last May’s contract sales of 327*
- Sold properties in May were on market an average of 90 days
- There are approximately 8.6 months of inventory on the market at the May sales rate
Market Data for West 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.
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