Total Market Overview for January 2012

Click here to see the Total Market Overview for January 2012 for the Portland Metro Area.

97209 Market report for the week of February 13, 2012

 

Today we have another market statistic report for you folks!

This time it’s a weekly report that we get from Fidelity National Title.

Click here to see the report.

 

In this report you will find:

  • The current real estate market conditions for condos and townhomes
  • Trends in pricing
  • Current levels of supply and demand
  • and Value Metrics

 

Dandelion, near NW 15th & Thurman
Photo by cleartrampoline

 

Is everyone enjoying the lovely sun-breaks we’ve been seeing the past couple of days?

 

November Pearl Statistics

Here are the inventory statistics for the Pearl in November:

Screen Shot 2015-12-21 at 3.15.05 PM

As always, let me know if you have any questions!

December Pearl Statistics

Here are the inventory statistics for the Pearl in December:

Screen Shot 2016-01-11 at 9.28.17 AM

As always, let me know if you have any questions!

April Pearl Statistics

Here are the inventory statistics for the Pearl in April.

What is interesting to me is the value of particular buildings changing. You can see that some properties which entered the market more than 6 months ago sat because they were priced too high for the current absorption rate. Now, the market has heated up, as there is less than 1 month of inventory. Prices are soaring based on low inventory.

April Inventory

As always, let me know if you have any questions!

May and Early to Mid-June Pearl Statistics

Here are the inventory statistics for the Pearl as of June 21, 2016.

My thoughts on these: Note the discrepancy in prices. This market is extremely volatile. My opinion is prices are based on demand for buyer’s needs. Some of the large discrepancies were caused by speculation of the market.

Screen Shot 2016-06-21 at 5.16.11 PM

Your questions are always welcome!

June Pearl Statistics

Here are the inventory statistics for the Pearl District as of July 13, 2016.

There is just a little under 2 months of inventory currently. The market has stabilized somewhat during the past month. Prices have leveled out. However, we are seeing competing bids and over list price.

Screen Shot 2016-07-14 at 10.36.11 AM

Please let me know if you have any questions!