September Market Report for Portland and 1st 3 Quarters Comparison to 2007
Portland Market Report for September and 1st 3 Quarters
Residential
September
Active Listings – 60
New Listings – 10
Deposits – 5
Closed – 4
Average Sale Price - $285,500
SP/SqFt - $131.17
DOM -60
1/1/2008 – 9/30/2008
Closed – 63
Average Sale Price - $274,058 Median Sale Price - $255,000
SP/SqFt - $157.91
DOM – 62
1/1/2007 – 9/30/2007
Closed – 72
Average Sale Price - $270-652 Median Sale Price - $258,000
SP/Sq.Ft - $150.84
DOM – 61
Overall sales are down by 12.5%. Average sale prices are up by 1.3%, but median sale prices are down by 1.2 %. Again Portland seems to be holding its own with no major changes in prices.