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July 2008 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending July 31, 2008

The overall market activity continues to decrease from June to July. There is now 10 months of inventory which is .5 higher than last month. Pending sales did increase a slight percentage comparing June to July’s results, but as expected closed sales declined. A big indicator as to the overall market is what the report shows as happening year to date. At the end of July in 2007 compared to that of July 2008 pending sales are down 22.3% while closed sales declined by 30.2% and new listings also declined by almost 10%. As for prices the average sales price in July was $340,500 while the median sales price was $288,200. Both of these prices were lower than June 2008 average sales price and median sales prices. Year to date the average sales price is also lower by 3.5% and the median sales price is down 3.9% compared to that with July of 2007. We are still in a slightly declining market.


For the corresponding statistical data for market conditions ending July 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
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