December Portland Real Estate Market Report

18 12 2010

Down— down-towner…This month only…Stayed Tuned To This Bat Channel For….Next Month where with rates going up and pending sales creeping in that direction you could see sales inching upward!

The numbers:

 Most are tough and indicate the Portland-based economy is faltering from the real estate standpoint.  Only a few bright spots exist and they are not the regular inner-eastside as possibly expected.

 Let’s do the good ones…

 NE Portland Solds between $400-$500 up 15.6%!

  • NE Portland Solds between $600-$700 up 41.7%!
  • Milwaukie/Gladstone between $500K-700K up 40-50%!
  • West Portland between $500-600K up 18.5%
  • Beaverton/Aloha under $200K up 7.2%

 The future is a challenge and if a message can be conveyed to all it would be this… “sell now for what you can, the future improvement is unsteady and unpredictable.”  “Uns” don’t get us far in this market.

The Numbers:

 

Most are tough and indicate the Portland-based economy is faltering from the real estate standpoint.  Only a few bright spots exist and they are not the regular inner-eastside as possibly expected.

 

Let’s do the good ones…

 

·        NE Portland Solds between $400-$500 up 15.6%!

·        NE Portland Solds between $600-$700 up 41.7%!

·        Milwaukie/Gladstone between $500K-700K up 40-50%!

·        West Portland between $500-600K up 18.5%

·        Beaverton/Aloha under $200K up 7.2%

 

The future is a challenge and if a message can be conveyed to all it would be this… “sell now for what you can, the future improvement is unsteady and unpredictable.”  “Uns” don’t get us far in this market.

Complete Portland Metro Report December 2010

 

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