About Me
I am a top ranked agent serving the Portland area for over 23 years specializing in residential real estate sales and investments. I created this site as a real estate resource for buyers and sellers who want to be well informed about current inventory and pricing. If you are interested in actively tracking the market, please sign up to receive my daily listing email. We map every new listing each day then update the neighborhood maps. The map is emailed to you...simply click a neighborhood to see the listed properties for sale, complete with pictures, price and address. -
January 2010 Market Action Report
While there has been a 6.2% decrease in new listings in January 2009 to 2010, a 43% increase in new listings from December 2009, just one month prior, indicates a trend of increased inventory after the new year.
Total market time has decreased by 4.7%, and closed sales have increased by 34.7% from January ’09-’10. This shows inventory is moving more quickly than it was at this time last year.
Median sales price has dropped 4% from January ’09 to ’10, indicating a continuation of a slightly downward trend on pricing. Combined with low interest rates, and the tax credit–now is a perfect time to buy, homes have never been more affordable!
