Where are we now?

One of the first questions a buyer asks when considering a potential property that’s for sale is how much did the current owners purchase the property for?
As both buyers and sellers are trying to adjust the realities of the market I thought it might be good to take a look at where we are now compared to the past.
Below are the average sales prices  for the last seven years in the City Of Portland.
Feb 03	$212K
Feb 04	$225K
Feb 05	$265K
Feb 06	$300K
Feb 07	$320K
Feb 08	$365K
Feb 09	$310K
Feb 10	$298K
If you’d like more information about your specific neighborhood or home please contact me – as the market varies widely from neighborhood to neighborhood.

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