Year-to-Date Market Summary

South Metropolitan Area Outside Portland, Oregon

The results below provide a summary of real estate activity for the first calendar quarter of 2006 for those parts of metropolitan Portland, Oregon, that are in southern Clackamas County. The table includes sales data for single-family detached homes (both site-built and manufactured), as well as for townhouses and rowhouses. The geographic area covered includes the cities of Oregon City, Molalla, Canby, Wilsonville and Barlow, plus unincorporated communities throughout southern Clackamas County. For questions, or for data regarding a more specific area, call Craig Loughridge at 503-632-8258.

Month

Units
Listed
Listed
Volume
Listed
Average
Units
Sold
Sold
Volume
Sold
Average
Rough
DOM¹
January 236 91,608,592 388,172

86

30,116,684 350,194 47
February 200 87,220,800 436,104 103 34,013,072 330,224 48
March 271 97,202,551 358,681 171 55,805,850 326,350 44
Totals: 707

276,031,943

390,427

360

119,935,606

333,154

46
Total Listed: 707 Sold Units: 360 Remaining Units: 347 Inventory² Accum: 2.89
Min Sold Price:
$90,000
Median Sold Price:
$290,500
Average Sold Price:
$333,154
Max Sold Price:
$1,893,000

Source:  Regional Multiple Listing Service, Portland, Ore.


1. Rough days on market. Actual DOM is longer. Rough DOM varies due to reporting inconsistencies among brokers, and is used only to analyze market trends.

2. Inventory Accumulation represents the amount of time, in months, that would be required to sell all existing inventory if no new listings were received. The equation to calculate Inventory Accumulation is A = R ÷ [S ÷ M], where A is Inventory Accumulation, R is the number of remaining units, S is the number of sold units, and M is the number of months in the reporting period.


 

Oregon Homes

Bryson Realty

An Equal Housing company, POB 942, Beavercreek, Oregon 97004

The Foothills Report is published 3 times per year by Bryson Services LLC. While all efforts are made to ensure the validity of the information contained in this web site, no warranty or guarantee is given as to its accuracy or its suitability for a particular purpose. Forecasts of possible future market conditions should be considered estimates only and not be solely relied upon for purchase or sale decisions. Past performance is no guarantee of future results. The script diamond B with roofline design and the name Bryson Realty are Service Marks of Bryson Services LLC. All material is copyright protected. All Rights Reserved.