Real estate portland oregon
portland is one of the best places to live in oregon. With its location at a distance of just half an hour from the oregon Coast there are a number of things that you can enjoy doing in the area. The location is convenient to access any place like Newport City, Sand Lakes and the Pacific City. If you like snowboarding or mountain hiking then also portland is at a distance of just an hour from Mount Hood.
The city is a complete and offers all that its residents can ask for.With great education and some of the best employment options available in the area there are a number of people who opt to relocate to portland every year. Apart from this there is a lot of development going on in the city to offer better living and better facilities to its residents. With some of the best shopping malls and dining places you can have fun in the area.
If you are opting to buy a residential or commercial real estate property in portland oregon then you should know about the market and how can it meet your needs. Here is some information that can help you understand the real estate portland oregon market better and can help you make an effective investment.
real estate portland oregon market
The real estate portland oregon market is quite a balanced market that shows beneficial trends for both buyers as well as sellers.There is about 5-6 months of inventory available in the market as of now and there are enough options available for buyers to choose from. There are some areas in real estate portland oregon that are experiencing better sales as compared to the others because of their appeal and price.
To sell a house in the real estate portland oregon market it is important that your house should be in a good condition and should be priced correctly.Buyers are opting for options that are affordable and in good condition so that they do not have to invest much in their deal.
The second quarter of 2008 as compared to the same period in 2007 shows 34.7% decrease in closed sales (5,461 v. 8,361) and 31% drop in pending sales (5,972 v. 8,652). The new listings also fell by 8.1% (15,973 v. 17,386). The average sale price for the month of June 2008 was down by 1% compared to that in June 2007. On the other hand the median sale price dropped by 2%. The average sale price and median sale price are both up over May 2008; the average sale price rose by 4.1% and the median sale price was up by 0.5%.
The sales price for the different areas of the real estate portland oregon market are as follows :
North portland :
Average Sales Price for June 2008: $271,400.
Year-to-Date Average Sales Price & Appreciation: $271,300, 5.7%
Northeast portland :
Average Sales Price for June 2008: $351,400.
Year-to-Date Average Sales Price & Appreciation: $326,000, 6.7%
Southeast portland :
Average Sales Price for June 2008: $292,700.
Year-to-Date Average Sales Price & Appreciation: $281,400, 2.1%
West portland :
Average Sales Price for June 2008: $503,400.
Year-to-Date Average Sales Price & Appreciation: $483,900, 4.9%
Beaverton:
Average Sales Price for June 2008: $282,500
Year-to-Date Average Sales Price & Appreciation: $279,700, 1.3%
If you are interested in making an investment in the real estate portland oregon market then it is better that you take the help of a real estate professional to get a good deal.
Real estate portland oregon agents
The real estate portland oregon market is a huge area to make an investment in.Looking for a real estate investment in this type of a market and determining whether it would be beneficial for you can be a difficult task.For making it easy for you to make an investment it is advised that you take the help of a real estate professional who can guide you correctly on the market and where making an investment would be advantageous for you.
However, before you hire a real estate portland oregon professional make sure that he or she is licensed to function in the area and has enough experience to guide you for the same. Some of the real estate portland oregon professionals are mentioned below :
Jennifer Bukaty: She is a full-time real estate broker and helps people in both buying and selling real estate. You can contact her at 7886 SE 13th Avenue, portland , OR, 97202; Office Phone:(503) 495-4824 Cell Phone:(503) 974-1570 Fax Number:(503) 232-2049.
Wayne B. Pruner: He is a professional portland real tor helping people in buying and selling real estate. He uses all his possible resources to maximize your financial return. You can contact him at Office Phone:(503) 646-5006 Cell Phone:(503) 891-0795 Alt. Phone:(503) 891-0795 Fax Number:(503) 626-3547.
Greg Herson: They give the best of their services and help people in meeting their real estate needs. You can contact them at 1205 NE MLK Jr. Blvd, portland OR, 97232; Office Phone:(503) 230-8600 Cell Phone:(503) 757-1551 Fax Number:(503) 230-8650.
Lindsey Goins: With almost four years of experience of dealing portland real estate she has helped many people in achieving their real estate dreams in the area. You can contact her at 10140 SW Park Way, portland , OR 97225 ; Office Phone:(503) 221-7380 Cell Phone:(503) 481-7143.
Bob Broad: With more than 30 years of experience in the portland real estate market he has help you strike the best possible deal in the portland real estate market.You can contact him at 9755 SW Barnes Rd , portland , OR, 97225 ; Office Phone:(503) 222-7623 Fax Number:(503) 336-6243
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