MARKET NEWS & LATEST BLOG POSTS

Case-Shiller Home Price Index Update for Portland Oregon - March 2014
The widely watched Case-Shiller home price index published monthly by Standard & Poor’s was released today for the month ending January 2014. There is always a two-month lag time for the data in this report. The index for the Portland Oregon metro area was measured to be 159.3 at the end of January, which means that the average price for a home in this area is up 59.3% from the... Read More »
NE Portland Real Estate Market Update - March 2014
The NE Portland real estate market finished February with 149 closed sales, which is down from the 155 & 216 closed sales recorded during the prior months of January and December respectively. Of the 149 closed sales in February, 11 were distressed properties (foreclosures/short sales) representing 7% of the closed sales for the month.  As of the end of February, distressed properties accounted for 30% of the active listing inventory.... Read More »
North Portland Real Estate Market Update - March 2014
The North Portland real estate market (which is comprised of the zip codes 97203, 97217 & 97227) finished February with 78 closed sales, which is equal to the closed sales recorded during the prior month of January. Of the 78 closed sales in February, 7 were distressed properties (foreclosures/short sales) representing 9% of the closed sales for the month. As of the end of February, distressed properties accounted for 25%... Read More »
Downtown Portland Real Estate Market Update - March 2014
The downtown Portland real estate market (which is comprised of the zip codes 97201, 97204, 97205 & 97209) finished February with 33 closed sales, which is down from the 40 & 78 closed sales recorded during the prior months of January and December respectively. Of the 33 closed sales in February, only 2 were distressed properties (foreclosures/short sales) representing just 6% of the closed sales for the month. As of... Read More »
SW Portland Real Estate Market Update - March 2014
The SW Portland real estate market (which is comprised of the zip codes 97219, 97221, 97225 & 97239) finished February with 95 closed sales, which is between the 99 & 80 closed sales recorded during the prior months of January and December respectively. Of the 95 closed sales in February, only 3 were distressed properties (foreclosures/short sales) representing just 3% of the closed sales for the month. As of the... Read More »
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