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Broker
Meadows Group Inc Realtors
12655 SW North Dakota Street
Tigard, OR 97223
Office Phone: (503) 709-1500 Fax: (503)590-7606(notify)
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LETS TALK PROPERTY.COM
FIND OUT WHAT IS HAPPENING IN OUR LOCAL MARKET:
First Quarter Report
Comparing the first quarter of 2010 with that of 2009, increases can be seen across the board. Closed sales grew 37.3% (3,892 v. 2,834). Pending sales also went up 39.2% (5,594 v. 4,018) and new listings rose 13% (13,072 v. 11,566).
(View Links Below)
Year-to-Date
Comparing January-May 2010 with the same period in 2009, closed sales increased 42.7%. Pending sales also rose by 28.3% and new listings went up 10.4%.
* Due to possible reporting inconsistencies, Average Market Time should be used to analyze trends only.
MAY 2010 MARKET STATS (click on link below)
http://www.rmlsweb.com/v2/public2/loadfile.asp?id=5396
APRIL 2010 MARKET STATS (click on link below)
http://www.rmlsweb.com/v2/public2/loadfile.asp?id=5334
MARCH 2010 MARKET STATS (click on link below)
http://www.rmlsweb.com/v2/public2/loadfile.asp?id=5281
FEBRUARY 2010 MARKET STATS (click on link below)
http://www.rmlsweb.com/v2/public2/loadfile.asp?id=5209
JANUARY 2010 MARKET STATS (click on link below)
http://www.rmlsweb.com/v2/public2/loadfile.asp?id=5098
2009 Summary
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Comparing activity from 2009 with that of 2008, pending sales increased 4%. Closed sales were .09% short of the 2008 total. New listings fell 18.8%. Total sales volume for 2009 was $5.5 billion, down from $6.3 billion in 2008, and $97 billion in 2007.
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Sale Prices: The average sale price for December 2009 was down 2.5% compared to December 2008, while the median sale price declined 4.2%. Compared to November 2009, the average price rose 7.3% ($293,300 v. $273,300) and the median grew 1.3% ($242,200 v. $239,000). For the year, the average sale price dropped 12.2% compared to 2008. The median price fell 11.2%.
2008 Summary
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The year ended quietly as sales activity in the Portland metro continued to slow. However, the level of inventory dropped after reaching a record high in November. The number of closed sales (987) hit it's lowest point since February 1992 (905). Pending transactions (810) were at a record low since RMLS began reporting in 1992, the previous record was 845 in December 1994. Comparing December 2008 with December 2007, closed sales fell 34% and pending sales dropped 34.2%. New listings also decreased 17.4%.
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Comparing market activity in 2009 with 2007, new listings decreased 8.7%. Pending sales dropped 30.8% and closed sales fell 32.1%. At $6.3 billion this year, total sales volume dropped 35% from 2007's $9.7 billion.
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2007 Summary
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Comparing market activity in 2007 with that of 2006, the Portland metro area saw an 8.1% increase in new listings. However, pending sales decreased 15.7% and closed sales dropped 13.1%. Portland has had it's third highest sales volume in residential real esatet, at $9.7 billion, a 6.7% decrease from the $10.4 billion in 2006. The average sale price increased 6.3% ($342,900 v. $322,600) and the median sale price appreciated 7.2% ($290,000 v. $270,500).
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2006 Summary - There were 14% more new listings when comparing market activity in 2006 with that of 2005. However, pending sales decreased 13.6% and closed sales fell 13.4%. Portland had it's second highest total volume in real estate in 2006 with $10.4 billion compared to $10.6 billion in 2005. Further, the average sale price increased 14%(322,600 v. 282,900) and median price appreciated 13.9% ($270,500 v. $237,500).
- Comparing Inventory in Months (which means if we didn't list any homes for this period time we would have no inventory left)
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2005 |
2006 |
2007 |
2008 |
2009 |
| AVERAGE DAYS ON THE MARKET |
|
40 |
60 |
83 |
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| JANUARY |
3.4 |
3.2 |
6.2 |
12.8 |
19.2 |
| FEBRUARY |
3.0 |
2.7 |
5.2 |
10.4 |
16.6 |
| MARCH |
1.8 |
2.0 |
4.9 |
9.1 |
12 |
| APRIL |
|
2.4 |
4.4 |
10.3 |
11 |
| MAY |
1.6 |
2.3 |
4.5 |
9.2 |
10.2 |
| JUNE |
1.5 |
2.6 |
5.0 |
9.5 |
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| JULY |
1.7 |
3.5 |
5.7 |
10.0 |
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| AUGUST |
1.6 |
3.6 |
6.2 |
9.9 |
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| SEPTEMBER |
1.9 |
4.5 |
8.6 |
10.4 |
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| OCTOBER |
2.2 |
4.6 |
8.4 |
11.1 |
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| NOVEMBER |
2.2 |
5.1 |
8.3 |
15 |
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| DECEMBER |
2.1 |
4.5 |
8.5 |
14.1 |
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Want to see a model for successful and rapid environmental action? Don't look to the federal government—check out your own town. Here, our list of the 50 communities that are leading the way. Does yours make the cut?
By Elizabeth Svoboda, with additional reporting by Eric Mika and Saba Berhie Posted 02.08.2008 at 4:54 pm
How the Rankings Work:
We used raw data from the U.S. Census Bureau and the National Geographic Society’s Green Guide, which collected survey data and government statistics for American cities of over 100,000 people in more than 30 categories, including air quality, electricity use and transportation habits. We then compiled these statistics into four broad categories, each scored out of either 5 or 10 possible points. The sum of these four scores determines a city’s place in the rankings. Our categories are:
- Electricity (E; 10 points): Cities score points for drawing their energy from renewable sources such as wind, solar, biomass and hydroelectric power, as well as for offering incentives for residents to invest in their own power sources, like roof-mounted solar panels.
- Transportation (T; 10 points): High scores go to cities whose commuters take public transportation or carpool. Air quality also plays a role.
- Green living (G; 5 points): Cities earn points for the number of buildings certified by the U.S. Green Building Council, as well as for devoting area to green space, such as public parks and nature preserves.
- Recycling and green perspective (R; 5 points): This measures how comprehensive a city’s recycling program is (if the city collects old electronics, for example) and how important its citizens consider environmental issues.
1. Portland, Ore. 23.1
- Electricity: 7.1 Transportation: 6.4 Green Living: 4.8 Recycling/Perspective: 4.8
America’s top green city has it all: Half its power comes from renewable sources, a quarter of the workforce commutes by bike, carpool or public transportation, and it has 35 buildings certified by the U.S. Green Building Council.
Some of my favorite links:
EXPERTS: EASTERN OREGON AND IDAHO LAND, FARMS, RANCHES AND SPECIALTY PROPERTIES:www.intermountainland.com
Corporate Site
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