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August 2008 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending August 31, 2008

The overall market conditions at the end of August are down compared to July and last year. Homeowners are finally understanding that they are not going to get the price they want out of their homes which resulted in 27.1% fewer new listings. Closed and pending sales were down 30.7% and 22% respectively. From July 2008 to end of August closed and pending sales were down 3.3% and 4.7%. New listings fell off 16% which is the best indicator that not only is the market slow but people now understand that and know they cannot get the values of yesteryear. There is 9.9 months of inventory and the average price decline year to date is 6.7%.


For the corresponding statistical data for market conditions ending August 31, 2008 click here.

Click on any link below to see any of the previous market condition summaries for Portland residential real estate broken down by month and year:

Real Estate Market Conditions Archive For Portland, Oregon:

2018 Jan
2017 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2016 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2015 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2014 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2013 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2012 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2011 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2010 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2009 Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec
2008       Apr May June July Aug Sept Oct Nov Dec
                         

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Portland Real Estate
Inventory: 2008
Dec 2008
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Portland Real Estate
Inventory: By Year
2018 2017 2016
2015 2014 2013
2012 2011 2010
2009 2008  
     

 

 

 

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