left column

Connect With Me:

pohl real estate on facebook twitter pohl real estate pohl real estate on linked in E-mail A Friend add this page to your favorites iphone app and qr code pohl real estate
Predefined Homes For Sale PDX Metro
Search By Map  
Listing Id Search  
Detailed Search  
Basic Search  
Luxury Homes  
New Construction  
Portland Condos  
   
Other Sections

Client Tools -- Vast resource center for those getting into or exiting the real estate market.

Relocating to Portland -- Interested in moving to Portland.

Portland Metro Statistics -- Raw Portland Real Estate market data.

PDX News Headlines -- Pohl Real Estate's news recap around Portland.

Home Search -- Every possible type of search available to you.

Housing Tips -- Useful real estate articles.

Customer Service:

We are committed to our valuable customers, if you notice anything needing corrected. Let us know here.

March 2009 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending March 31, 2009

The Portland Real Estate Market statistics data improved from February.  The total inventory dropped a much needed 4.6 months worth of inventory in March.   This means that at the current rate of sale it would take approximately 12 months to clear out the entire Portland inventory assuming no more inventory was added to the sales pool.  A nice balanced market is 6 months so as you can see there is still quite a supply available with not enough demand.  From March 2008 to March 2009 the Portland market's average price decline was 5.7% and the median sales price declined 6%.  The average home price at end of March is $325,000 compared to $345,000 from March of last year.  While the median's price declined from $289,900 to $272,500.  Another key stat is that new listings decreased by 28.5%.  That is huge!  People in Portland are smart they do have a sense of the market and what they can get for their home.  This decrease also reflects the fact that anyone who purchased in the last couple years realizes they lost value and cannot end up selling their home so they don't even try.  With the internet people can see easily what they can buy out there for what price and know on the flip side they cannot sell their home at the price they need in order to buy. 

For the corresponding statistical data for market conditions ending March 31, 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
                         

Share This Page With A Friend:
Add This Page To Your Reading List: Add This Page to Your Favorites
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  
     

 

 

 

pohl real estate on facebook twitter pohl real estate pohl real estate on linked in E-mail A Friend add this page to your favorites iphone app and qr code pohl real estate