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. -
March 2010 Market Action Report
Comparing March 2009 to March 2010, there has been continual improvement in the first quarter of 2010. In the month of March, there was a considerable 51.9% increase in closed sales, new listings were up 35.3%, and there was a 46.7% increase in pending sales compared to that of a year ago.
From February-March 2010, closed sales significantly increased by 77.2%, pending sales were up 29.8%, while new listings increased 28.7%. Also, when comparing the month-to-month average sale price, there was a slight 2.6% increase ($280,300 v. $273,100) and a small 1.6% increase in median sale price ($238,900 v. $235,000).
Overall, the first quarter of 2010 has ended in a better position that that of 2009 first quarter. New listings, pending sales, and closed sales all rose when compared to 2009. Please do not hesitate to contact me today so we can talk about how you can take advantage of the current real estate market!
