August Market Action Report
In August, sales activity in the Portland metro area continued to outpace last year’s same-month sales totals. Pending sales were up 13% and closed sales rose 4% compared to August of 2008.However, new listings fell 14.1%. Unfortunately, inventory is still 21.2% below August 2008.
Closed sales dropped 7.4% compared to last month and pending sales fell 0.7%. New listings dropped 3.3% since July.
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I am a top ranked agent serving the Portland area for over 20 years specializing in residential real estate sales and investments. I created this site as a real estate resource for buyers and sellers who want to be well informed about current inventory and pricing. If you are interested in actively tracking the market, please sign up to receive my daily listing email. We map every new listing each day then update the neighborhood maps. The map is emailed to you...simply click a neighborhood to see the listed properties for sale, complete with pictures, price and address. 

