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RMLS June Market Action

Rmls_june_invThree posts in one day! RMLS Market Action for June just came out. The median sales price in the Portland area is $289,000, a 2% drop from June 2007. The average sales price is $348,800. That’s down 1.1% from June 2007. Days on market are about the same as last month. Inventory is fairly static but almost two-fold what it was this time last year.

Rmls_june_market_action

One Comment on “RMLS June Market Action

  1. A 1-2% drop in year over year pricing (compared with June 2007 when prices were at their peak) is great news.

    I just saw another report where days-on-Market (DOM) for PDX realestate was only trailing San Francisco and Austin. All other major cities including Seattle are taking longer time to sell.

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