Archive for the ‘Real Estate Market Stats’ Category:

Every month those with an interest in the Portland real estate market eagerly wait for reports to come out.  RMLS Market Action is published mid-month and Case Shiller is released on the last Tuesday of the month with a three month lag.  Our Market Tracker report is emailed out on the first Sunday of every month and the Property Investment Profile is set on a 30 day cycle.  The graphs are also available on our www.PDXBuyer’s.com website which always displaying the latest graphs available.  The Market Tracker report is zip code based and we can sign you up for up to ten (97210 sample).  The PIP report is property address specific (PIP sample, this one is for the Pinnacle in the Pearl District).  The graphs below are from the 97212 (Alameda, Beaumont, Wilshire, Eliot and Hollywood areas) Market Tracker report for May 2010.    The graphs for all Portland zip codes are online and the reports are by subscription.  We won’t share or sell your info- privacy policy. (more…)

Each week RMLS reports on the weekly activity of the Supra lockboxes that we use. The electronic, PIN number protected box tracks when Realtors open a box in real time.  The reports are for the all of the Oregon lockboxes opened RMLS subscribers.  They also publish one for Washington simultaneously on the RMLS blog website. (more…)

How much Portland real estate do you get for your money?  Does what you want exist?  I created the two graphs from RMLS Home Sales Report. (more…)

Yesterday I wrote about a property tax reduction scam that is being investigated by the state’s attorney general.  For $189.00 the letter says they will file for a reduction on your behalf.  So what is involved in filing for a reduction (note that this is not tax or legal advice).  Google sends us to this Board of Property Tax Appeal 2009-2010 Real Property Petition.  You may be able to find the most current tax year forms here in the future. (more…)

The February RMLS Market Action report on the Portland real estate market came out this morning.  When I ran the Multnomah Country report yesterday I said that I thought that inventory would remain fairly static as there is an increase in listings and an increase in activity.  Note the importance of methodology: my report shows and increase in active listings while RMLS reports a decrease in new listings.  My report was also more localized (Multnomah County only). (more…)

In PSU’s Quarterly & Urban Development Journal 2010 First Quarter report, “Housing Market Analysis,” Scott Aster publishes a graph that further emphasizes that real estate local.  Three of the RMLS areas studied appreciated during the first quarter of the year.  The rest were all in a state of decline.  North Portland is the only area that was positive over last year overall.

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The Portland State University Center for Real Estate recently published their Quarterly & Urban Development Journal 2010 First Quarter report (76 page pdf). (more…)

[graphs and text updated 11:50AM 2.18.10 thanks to an astute reader]

In my post yesterday about January’s 2010 RMLS Market Action report I said that I would go back through previous reports to see if there was a trend in inventory levels between January and the previous December.  There is a seasonal New Years Inventory Spike (NYIS).  Every year since 1999, there has been an increase.  The smallest increase was between 2002 and 2003 (12%).  The NYIS had a higher unit increase this year compared to last year but the percentage increase was lower last year. (more…)

Portland real estate inventory nearly doubled in January.  Inventory is a ratio of closed sales and active listings.  3937 new listings were taken in January compared to 2104 in December and closed sales declined compared to the previous month pushing inventory up.  Between December 2008/January 2009 inventory increased 36% and this year’s Dec/Jan increase was 67%.  In the next couple of days I’ll go back through previous years and take a look what Dec/Jan has looked like historically [percentages corrected 2.18.10]. (more…)

According to RMLS Market Statistical Reports in Multnomah County:

• There are 4804 active listings.
• There are 3135 single family detached listings worth a total of $1,115,941,000.  The average price is $355,962 and the median price is $260,000. (more…)