A break from politics for some real estate … August Numbers
Posted on September 5, 2008
Filed Under Portland, Statistics, Selling Real Estate, Buying Real Estate, Real Estate |
More of the same. Since last year the September numbers started to reflect the credit crunch, beginning next month there should be a less dramatic decrease in sales, but for now it’s still not pretty.
Note Terradatum has changed format somewhat, now offering one year monthly increments and YoY comparisons. The following is for the Portland Metro Area. Click on the image for full PDF:
MEDIAN PRICE
Sold down 6.7%; Pending down 2.2%
Blue is pending; green, sold.
UNIT SALES
Sold down 38.2%, Pending down 13.3% (Both will settle somewhat.)
NEW LISTINGS, EXPIRATIONS
New listings down 30.5%, Expired up 16.3%
MONTH’S SUPPLY OF INVENTORY
9.1, down from 9.4 in July.
All Real Estate is Local.
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