Friday, August 14, 2009

July Median Sales Prices


The monthly recap of the real estate market in Portland Oregon came out from the RMLS this week. My favorite part is the map of the areas and the median sale price of home their. In addition to comparing Vancouver to Portland, and Hillsboro to Lake Oswego/West Linn, I also like to go back a month and see if prices are up, down, or pretty much the same. This time I'm going back even further, comparing May, June and July 2009. Instead of just tracking the difference from one month to the next, it's going to be a three month check up, and looking at the volatility of these numbers, it's important to see the bigger trends.

North Portland: May- $229,000; June- $229,900; July- $234,500 - up $5,500

NE Portland: May- $255,000; June- $258,000; July- $244,000 - down $11,000

SE Portland: May- $219,000; June- $237,500; July- $215,800 - down $3,200

West Portland: May- $367,500; June- $350,800; July- $363,300 - down $4,200

Lake Oswego/West Linn: May- $350,000; June- $398,000; July- $355,000 - up $5,000

Milwaukie/Gladstone/Boring/Clackamas/Estacada:May- $265,000; June- $249,500; July- $275,000 - up $10,000
Looking at June, most of the big differences have evened out, most median price differences were only up or down $5000, instead of the huge jumps and drops we saw last month.

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