Gresham & Troutdale Stats & Review Ending March 2012
We just updated the statistics for the Gresham/Troutdale area. Here is some brief data below and attached is a PDF courtesy of Altos Research. Gresham Stats April 2012
Overall the Gresham market is still a buyer’s market. Interest rates are still very low and the average market time is still ok at 151 days. When the year to year comparison and the average sales price percent change are both decreasing I have to give it a current price trend rating of depreciating.
Gresham’s Average Sales Price Percent Change is -9.1%.
Average Sales Price Percent Change is a good conservative indicator for determining if a market is appreciating or depreciating. *This is the 12 month rolling average for sales price which takes the rolling average sales price over her last twelve months (4/1/11- 3/31/12) and compares it to the rolling average sales price of the previous 12 months (4/1/10-3/31/11).
Gresham, Oregon’s Current Real Estate Climate When comparing March’s results this year, (2012) to last year (March 2011) here is what you will find:
The average homeowner’s equity decreased by $-60,300 or -34.5% of value.
Average Sales Price in March 2012 was $175,200
Average Sales Price in March of 2011 was $235,500
Number of closed sales for the month of March was 119
The supply of homes stands at 4.69 months.
To See The Archive of Other Areas Around Portland Click Here
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