Talk with a local Portland Real Estate Agent. Search for featured homes and condos in Portland. Read a detailed community overview covering the Portland, WA area. These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 12/7/09.

]]> Portland Real Estate ziprealty 2009-12-07T18:48:00-08:00 http://ziprealty.typepad.com/marketconditions/2009/12/portland-or-washington-county-housing-update-for-november-2009.html http://feedproxy.google.com/~r/typepad/zZIP/~3/W3nlIXdAhMM/portland-or-multnomah-county-housing-update-for-november-2009.html Month Oct-2009 Nov-2009 % Change % Sold Price to Asking Price 97% 97% 0% Sold Homes 894 745 -17% Average Asking Price Per Home $ 290,089 $ 276,849 -5% Sold Price Per Home $ 282,077 $ 269,242 -5% Sold Price...

Month	Oct-2009	Nov-2009	% Change
% Sold Price to Asking Price	97%	97%	0%
Sold Homes	894	745	-17%
Average Asking Price Per Home	$ 290,089	$ 276,849	-5%
Sold Price Per Home	$ 282,077	$ 269,242	-5%
Sold Price Per Sq Ft	$ 156	$ 153	-2%
MLS Days On Market Per Home	74	71	-4%

Talk with a local Portland Real Estate Agent. Search for featured homes and condos in Portland. Read a detailed community overview covering the Portland, WA area. These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 12/7/09.

]]> Portland Real Estate ziprealty 2009-12-07T17:48:00-08:00 http://ziprealty.typepad.com/marketconditions/2009/12/portland-or-multnomah-county-housing-update-for-november-2009.html http://feedproxy.google.com/~r/typepad/zZIP/~3/Xotj3huRKrk/portland-or-clackamas-county-housing-update-for-november-2009.html Month Oct-2009 Nov-2009 % Change % Sold Price to Asking Price 96% 96% 0% Sold Homes 322 269 -16% Average Asking Price Per Home $ 359,255 $ 351,570 -2% Sold Price Per Home $ 345,262 $ 336,487 -3% Sold Price...

Month	Oct-2009	Nov-2009	% Change
% Sold Price to Asking Price	96%	96%	0%
Sold Homes	322	269	-16%
Average Asking Price Per Home	$ 359,255	$ 351,570	-2%
Sold Price Per Home	$ 345,262	$ 336,487	-3%
Sold Price Per Sq Ft	$ 155	$ 150	-3%
MLS Days On Market Per Home	89	93	5%

Talk with a local Portland Real Estate Agent. Search for featured homes and condos in Portland. Read a detailed community overview covering the Portland, WA area. These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 12/7/09.

]]> Portland Real Estate ziprealty 2009-12-07T16:40:57-08:00 http://ziprealty.typepad.com/marketconditions/2009/12/portland-or-clackamas-county-housing-update-for-november-2009.html http://feedproxy.google.com/~r/typepad/zZIP/~3/gSgvEJEGPgI/ziprealty-price-reductions-by-metro-november-2009.html Fewer sellers in 27 major U.S. markets reduced home prices this month, and those who did slashed their prices less than in October. At the same time, the average list price in those markets overall declined slightly, a possible sign... Fewer sellers in 27 major U.S. markets reduced home prices this month, and those who did slashed their prices less than in October. At the same time, the average list price in those markets overall declined slightly, a possible sign sellers are pricing more realistically or aggressively to fit market conditions.

Specifically, the survey found home sellers in the markets surveyed reduced their list prices approximately $23,953 in November, a more than 3 percent smaller discount compared to October. While more than 43 percent of home listings had at least one price reduction, the survey found the absolute number of price reduced homes totaled 250,970 in November, a decrease of 2.85 percent compared to the prior month and third consecutive month of a drop in the total number of reduced homes available for sale.

Other national highlights of the brokerage’s monthly survey of price reduction data include:

• Sellers reduced their list prices on average more than twice, an increase of 4 percent compared to October.  
• The median list price across all 27 markets decreased slightly to $272,200, down more than 3 percent compared to October.

Local-market highlights include:

•  One out of every two homes in Orlando (50.1 percent), Jacksonville, Fla., (50.1 percent) and Chicago (50.0 percent) included at least one price reduction

• Homeowners in South Florida (Miami/Ft. Lauderdale/Palm Beach) reduced list prices by the largest percentage at 16.01 percent or $40,000 on average

• Homeowners in Raleigh-Durham, NC reduced prices by the smallest percentage at 4.54 percent or $10,900 on average
  

• Markets with the lowest percentage of price-reduced homes are San Diego (36.3 percent), Los Angeles (33 percent) and Denver (31.7 percent)

• Markets where sellers have cut the most in absolute dollars are:

• Markets with the highest and lowest median list price were the same in November as they were in October. Orange County, Calif., was home to the highest median list price at $595,000, and Jacksonville, Fla. has the lowest median list price at $169,900

Talk with a local Portland Real Estate Agent. Search for featured homes and condos in Portland. Read a detailed community overview covering the Portland, WA area. These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 12/4/09.

]]> Portland Real Estate ziprealty 2009-12-04T11:24:19-08:00 http://ziprealty.typepad.com/marketconditions/2009/12/portland-or-washington-county-housing-update-for-october-2009.html