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April 2009 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending April 30, 2009

The Portland Real Estate Market statistics improved from March to now.  The total inventory dropped 1 month to 11 months of inventory.  This means that at the current rate of sale it would take approximately 11 months to clear out the entire Portland Metro inventory assuming no more new listings are added.  On a positive note pending sales grew by 13.6% which means there should be even less inventory next month.  Also closed sales also grew by 10%.  There was a 3.3% increase in listings from last month.  There are still 14,158 active listings available.  In terms of sales price the average sales price for April 2009 was down 10.4% compared to April 2008 and the median sales price dropped 9.1%.  The current average sales price (on a 12 month rolling average) is $319,600 compared with $344,600 one year ago.  This is the reason why people are having a hard time selling, refinancing and purchasing.


For the corresponding statistical data for market conditions ending April 30, 2009 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: 2019
Dec 2009
Nov 2009
Oct 2009
Sep 2009
Aug 2009
Jul 2009
Jun 2009
May 2009
Apr 2009
Mar 2009
Feb 2009
Jan 2009

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

 

 

 

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