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April 2012 Portland, Oregon Inventory and Property Reports:

Market Conditions Ending April 30, 2012

Portland Inventory continues is recent decline. Signs of stability and price stabilization approach as inventory drops again from 5.0 to 4.7 months. This means at the current rate of sale it would take approximately 4.7 months to clear off all the homes for sale in the entire Portland Metro Area assuming no new homes hit the market. This is the fourth straight month of decline and the Portland Market has not hit this low of levels since May 2007. When comparing the data from last year Pending Sales are up 18%, Closed Sales are up 13% and the Average and Median Sales Prices remained relatively flat. As you can imagine the Average Marketing Time dropped as well, from 153 days in 2011 to 123 days currently. When looking at the real estate pricing, the price of homes stayed flat when comparing April 2011 to April 2012, but when looking at the Rolling Averages from April 2011 - April 2012 we are still down -4.1%. The Average Sale Price from May 2011- April 2012 was $262,100 and the Average Sales Price from May 2010 - April 2011 was $275,500. This will provide some exciting summer statistics.


For the corresponding statistical data for market conditions ending April 30, 2012 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:

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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: 2012
Jan 2012
Feb 2012
Mar 2012
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Portland Real Estate
Inventory: By Year
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