Home Archives May 2007 Regional home sales stumble

Regional home sales stumble

| Print |  Email
Tuesday, May 01, 2007

0507Indicators.gif

Sales of residential real estate in Central Oregon, the Willamette Valley and the Portland metro area slowed or declined in 2006, following a national trend that afflicted other regions more adversely. In Portland, new listings were up 14.0% over 2005 but closed sales were down 13.4%, creating a market friendlier to buyers. February 2007 saw a 5.2-month inventory of available homes compared to 2.7 and 3.0 months in February 2006 and 2005. In the Willamette Valley, residential sales volume increased just 4.9% in 2006 versus a 35.1% jump in 2005; and in Central Oregon, sales dropped 1.4% versus a 52.6% increase in 2005. Median home prices, on the other hand, resisted the national trend of appreciation below 2% in 2006 — home values in Portland, the Willamette Valley and Central Oregon gained 13.9%, 16.0% and 28.2%, respectively.


Have an opinion? E-mail
This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

More Articles

Closing the gap: Community colleges and workforce training

News
Thursday, March 27, 2014
03.27.14 thumb collegeBY MARY SPILDE | OP-ED CONTRIBUTOR

Community college career, technical and workforce programs present an opportunity to bring business and education together as never before.


Read more...

The solution to youth unemployment

News
Thursday, February 27, 2014
02.27.14 Thumbnail TeenworkBY ERIC FRUITS

Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.


Read more...

Barrister bands

March 2014
Tuesday, February 25, 2014
IMG 4691BY LINDA BAKER

An intellectual property attorney by day, 48-year-old Stoll Berne attorney Tim DeJong is a singer and guitarist by night.


Read more...

Spreading the wealth

March 2014
Tuesday, February 25, 2014
HiResBY PAIGE PARKER

A money management firm broadens its reach. 


Read more...

Revolution in print, pixels and passion

News
Tuesday, March 11, 2014
RyanFrankNewsBY MARK BLAINE | OB BLOGGER

The publisher of the Emerald Media Group moves on, leaving a cutting edge media group that depends on business acumen for its survival.


Read more...

How to handle the unexpected

Contributed Blogs
Friday, March 28, 2014
03.28.14 thumb disasterBY TOM COX | OB BLOGGER

The next mysterious (or disastrous) event could be one that you or your team might suddenly need to respond to, probably under intense scrutiny.


Read more...

Small business sales go big

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

BTNMarch14 tableBTNMarch14 line


BTNMarch14 piePDXBTNMarch14 pieUSA


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS