West Linn, Lake Oswego and Portland Real Estate

Below are two charts with more numbers from last months Portland real estate market update.  The first shows how each of the designated RMLS areas stacked up against each other.  They are listed from highest average sales price to lowest. Portland Metro Area Real Estate Market Data by RMLS Area Area YTD Avg. Sale Price YTD [...]

The average sale price of Portland real estate for February 2012 rose 2.4% from the prior month of January 2012.   That is a $6000 increase in average sale price ($249,100 to $255,100).  When comparing February 2012 to the same month the prior year (February 2011), the average sales price were also up 4.3%. Portland [...]

The average sale price of Portland real estate for December 2011 rose 0.5% from the prior month of November 2011.   That is a $1200 increase in average sale price ($259,400 v. $260,800).  When comparing December 2011 to the same month the prior year (December 2010), the average sales price were down 6.2%. Portland real [...]

The average sale price of Portland real estate for Ocotber 2011 fell 3.5% from the prior month of September 2011.   The $9500 decrease in average sale price ($268,200 to $257,800) is typical for this time of year.  Portland real estate sales will start to slow in October and remain slow until at least February. [...]

The average sale price of Portland real estate for September 2011 fell 1.3% from the prior month of August 2011.   The $3600 decrease in average sale price ($271,800 to $268,200) was offset a little by the median sale price rising from from $225,000 to $230,800.  That is a 2.6% increase.   When comparing September 2011 to [...]

  There are some common misconceptions when you are buying West Linn real estate. Two that come to mind are that you can either do a better job yourself in sourcing a home for sale,  or that you are going to get a better deal if you approach the listing agent directly.  Lets be clear [...]

  The average sale price of Portland real estate for August 2011 fell 1.2% from the prior month of July 2011.   The $3300 decrease in average sale price ($275,100 to $271,800) is the first decline in two months. The median sale price decreased from $227,200 to $225,000 (-1%).   When comparing August 2011 to the same month [...]

There are three main types of Portland real estate sales. Traditional / Fair Market / Equity Short Sale Bank Owned / REO (Real Estate Owned) While there are many other “types” of home sales in the Portland Metro area, I just want to point out the  most common.  Lets take a look at some of the [...]