September Market Action Report
The numbers are in for September and we are starting to see some improvement from last year. This past month, pending sales were up 34.1% and closed sales rose 9.8%. The one downside is that new listings fell 14.3%.
Compared to August, 2009, pending sales have increased 6% but closed sales have dropped 2.2%.
The average sale price for September 2009 was down 8% compared to September 2008, while the median sale price declined 9.6%.
The Portland Business Journal also commented on the increase we are seeing click HERE to view the article.
Lake Oswego/West Linn still remains high in active listings and has the highest average sale price of $551, 300. This beats West Portland by $88,000!
Click on the image to see the Portland Metro area highlights.
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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. 


