Sponsored by Oregon Business

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

All Rise

March 2015
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR

Don’t just sit there. For a healthy workplace, move up and down — and all around.


Read more...

Downtime with the executive director of Greater Portland Inc.

April 2015
Thursday, March 26, 2015

Janet LaBar, Executive director, Greater Portland Inc.


Read more...

Green Rush: Cashing in on legal marijuana

March 2015
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR

Marijuana is big business in Oregon, and it’s about to get bigger.


Read more...

10 Oregon companies positioning themselves for growth

The Latest
Friday, March 13, 2015
vcthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Ten startups have secured venture capital, angel or seed funding in 2015.


Read more...

Help Wanted: Poached Jobs aids restaurateurs

March 2015
Friday, February 20, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

“We thought there was room for something new.”


Read more...

Photos from the 100 Best Companies to Work For in Oregon awards celebration

The Latest
Friday, February 27, 2015
IMG 9975cneditPHOTOS BY JASON E. KAPLAN

Images from the 2015 celebration of Oregon's great workplaces.


Read more...

Footloose

April 2015
Friday, March 27, 2015
BY LINDA BAKER

Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.


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