Market Watch

Check out the sales and new listings in your area as outlined below, and then call me @ 503.806.2817 to find out more about the market and how it affects your specific real estate needs.

SW Washington - September 2005 - New Listings Soar As Inventory Continues to Loosen
New listings climbed 44.6% in September 2005, which eased inventory to 2.6 months, up from 2.2 months in August. Pending sales rose 21.6% while closed sales increased 18.2%. Comparing the 12 months ending with September 2005 to the 12 immediately prior the average sale price climbed 14.7%.

Average Sales Price - SW Washington

SW Washington Average Sales Prices January-September 2005

• Downtown Vancouver - $188,000
  
• NW Heights - $153,200
  
• SW Heights - $304,200
  
• Lincoln/Hazel Dell - $213,400
  
• East Hazel Dell - $206,900
  
• NE Heights - $202,700
  
• Orchards - $206,400
  
• Evergreen - $205,100
  
• East Heights - $259,600
  
• Cascade Park - $289,500
  
• Five Corners - $201,900
  
• East Orchards - $272,100
  
• Fishers Landing - $276,600
  
• SE County - $391,700
  
• Camas - $359,800
  
• Washougal - $305,000
  
• North Hazel Dell - $275,000
  
• South Salmon Creek - $246,300
  
• North Felida - $327,500
  
• North Salmon Creek - $289,000
  
• Ridgefield - $270,000
  
• County, West of I-5 - $455,900
  
• County, NW East of I-5 - $403,000
  
• Battleground - $260,000
  
• Brush Prairie - $347,700
  
• East County - $341,000
  
• Central County - $355,900
  
• Mid-Central County - $352,400
  
• Yacolt - $239,500
  
• La Center - $291,600
  
• North Central - $294,300
  
• NE Corner - $218,000
  
• Woodland City - $211,900
  
• Woodland Area - $252,700
  
• Cowlitz County - $175,100
  
  

Portland Metro, Oregon - September 2005 - New Listings Set Record for the Year But Inventory Rises
New listings hit a record for the year, rising 21.3% in September 2005 compared to September 2004. Pending sales increased 17.7% while closed sales rose 5.1%, inching inventory up to 1.9 months, an increase from the 1.6 months in August but well below the 2.8 months available in September 2004. Comparing the 12 months ending with September 2005 to the 12 immediately prior the average sale price climbed 14.1%.

Average Sales Price - Portland Metro, Oregon

Portland Metro Average Sales Prices January-September 2005

• North Portland - $202,900
  
• NE Portland - $258,800
  
• SE Portland - $226,900
  
• Gresham/Troutdale - $226,500
  
• Milwaukie/Clackamas - $289,900
  
• Oregon City/Canby - $276,400
  
• Lake Oswego/West Linn - $448,100
  
• West Portland - $404,700
  
• NW Washington County - $365,400
  
• Beaverton/Aloha - $242,900
  
• Tigard/Tualatin/Wilsonville - $318,300
  
• Hillsboro/Forest Grove - $237,700
  
• Mt. Hood/Government Camp - $221,100
  

Salem, Oregon Area Average Sales Prices January-September 2005

• Keizer - $186,638
  
• Central Salem - $126,867
  
• Suburban East - $158,026
  
• Suburban SE - $139,113
  
• Southeast Salem - $203,995
  
• South Salem - $221,374
  
• West Salem - $226,845
  
• Benton County - $241,274
  
• Linn County - $142,716
  
• Marion County - $169,165
  
• Polk County - $161,567
  

Central Oregon Area Average Sales Prices January-September 2005

• Bend/Tumalo/Alfalfa - $325,268
  
• Redmond/Terrebonne - $228,152
  
• North Klamath County - $134,944
  
• Sisters - $428,144
  
• Sunriver - $407,774
  
• Three Rivers South - $315,983
  
• Lapine - $149,449
  
• Jefferson County - $144,433
  
• Crook County - $182,262
  
• Crooked River Ranch - $