Agent Profile
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. Agency Info
RE/MAX Equity Group
4800 Meadows Road, Suite 100
Lake Oswego, OR 97035
Home Price Reduction Levels Rise for the Fourth Consecutive Month
Trulia Inc, a real estate search engine that provides real estate information at a local level, has just announced that 26% of homes that are currently on the market in the U.S. have experienced at least one price cut. Additionally, the average discount for price-reduced homes remains at 10% off the original listing price.
Right now, the average listing price for Portland is $415,559 (for the week ending Sept. 16) and the median sale price from June to August ‘09 is $260,000.
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