Monday, April 26, 2010

Better Late Than Never!

Usually the day the latest market report comes out I blog on it, but this month too many other interesting things have come up for me to write about. I took some extra time today to really explore March 2010s data, and a few intesting things popped up. First, North Portland homes are moving the fastest, with only 89 average days on the market, compared to the next quickest of SE Portland at 101 days. Prices in North Portland are about the same as SE and Gresham/Troutdale. North Portland average a sale price of $233,800 last month, SE was at $235,800 and Gresham/Troutdale was at $235,100. Like I've always said, those less expensive homes for first time buyers and investors move quickly. North Portland is also getting a better reputation around the greater Metro area, St Johns is turning into a really cute and walkable area, and University Park has always been nice, but people know about it now.

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