Portland Metro Real Estate Market Report thru August 2013
Year-to-Date Summary
There have been 19,891 accepted offers and 18,231 closed sales in 2013, up 16.3% from 17,105 pending’s and 18.4% from 15,402 closed sales in the same period last year. The 26,850 new listings so far this year represent a 10.7% increase from the 24,262 entered the first eight months of last year.
Average and Median Sale Prices
The average sales price so far this year is $309,200, up 14.1% from the same period in 2012, when the average was $271,100. In the same comparison, the median price increased 15.2% from $230,000 last year to $265,000 thus far in 2013.
Salem Metro Real Estate Market Report thru August 2013
Year-to-Date Summary
There have been 943 accepted offers and 878 closed sales so far in 2013, up 18.5% and 24.0%, respectively, from 796 pending’s and 708 closed sales by the same time last year. The 1,377 new listings represent a 3.4% decrease from the 1,426 entered by August 2012.
Average and Median Sale Prices
The average sales price for the first eight months of the year is $187,900, up 10.7% from the same time in 2012, when the average was $169,700. In the same comparison, the median price increased 10.1% from $149,900 last year to $165,000 so far in 2013.
Oregon Coast Real Estate Market Report thru August 2013
Year-to-Date Summary
The 2,072 new listings represent a 10.0% increase over the 1,884 entered by August 2012. There were 787 accepted offers and 710 closed sales so far this year, up 2.5% and 9.6%, respectively, from 768 pending’s and 648 sales in the same period last year.
Average and Median Sale Prices
The average sales price for the first eight months of the year is $271,200, up 8.7% from the same period of 2012, when the average was $249,600. In the same comparison, the median increased 4.9% from $200,000 last year to $209,800 so far in 2013.
Looks to me like a perfect time to sell!
David Waite
John L. Scott Market Center
Call or Text 503-887-5323 Home Office 503-628-4558
Email waite-david@msn.com