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December 2008 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending December 31, 2008

The overall market conditions at the end of December were down. From December 2007 to December 2008 closed, pending and new listings all decreased significantly. Closed sales fell by 34%, pending sales fell 34.2% and the number of new listings fell by 17.4%. Inventory decreased to 14.1 months and the average time on market hit 138 days. The total sales volume for 2007 was 9.7 billion and at the end of 2008 the total sales volume is 6.3 billion. There were lots of records that were hit in this market since the records have been kept in 1992. Closed and pending transactions were at a record lows since 1992.  This was a definitely a correcting year for this Portland Area market.


For the corresponding statistical data for market conditions ending December 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
Nov 2008
Oct 2008
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Portland Real Estate
Inventory: By Year
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2012 2011 2010
2009 2008  
     

 

 

 

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