News & Notes

September 2012
Here are some Market Notes for You~

According to the RMLS Market Action Report for the Portland Metro Area Sept 2012, “At 1,894, closed sales were 19.4% higher than September 2011 sales of 1,586, while declining 18.0% from the August 2,311 total.

  • “This was the best September since 2006 for closed sales.”:
  • The average sale price year-to-date ($272,200) rose 2.9% over the same period last year,
  • ***AND… Total time on the market has dropped by 20.7% from 145 to 115 days.

For my Property Blotter readers, the combined area of Lake Oswego and West Linn reported:

  • 668 Active Listings
  • 163 New Listings
  • 134 Pending Sales
  • 95 Closed Sales
  • An average Sale Price of $453,500.
  • Average Time on the Market: 137 Days
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