Your Local Source For Real Estate Activity in Your Community 

Metro Portland, Oregon
January 2010 

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January Residential Highlights 

While not quite as dramatic as last month, sales activity in the Portland metro area continued
to show improvement in January 2010 compared to the same month a year ago. 

Closed sales were up 34.7% compared to January 2009 and pending sales rose 24.3%. However,
new listings fell 6.2%. 

Pending sales were also up 34.5% (1,535 v. 1,141)when compared to December 2009. On the other hand,
closed sales fell 34.5% (986 v. 1,506)and new listings grew 87.1% (3,937 v. 2,104)
driving inventory to double digits for the first time since May of 2009. 

At the month’s rate of sales, it would take approximately 12.6 months to sell
the 12,449 active residential listings. 

Sale Prices
The average sale pr ice for January 2010 was down 5% compared to January 2009, while
the median sale price declined 4%. 

Compared to December 2009,the average price decreased 3.7%($282,400 v. $293,300) and the
median fell 0.9% ($240,000 v.$242,200).
 

Year-to-Date Report 

Area	Average Sale Price	Average Market Time	Appreciation
North Portland	$236,000	101 days	-11.3%
Northeast Portland	$294,500	118 days	-10.2%
SE Portland	$237,200	104 days	-12.7%
Gresham/Troutdale	$229,000	112 days	-14.1%
Milwaukie/Clackamas	$304,500	147 days	-9.5%
Oregon City/Canby	$254,300	140 days	-10.7%
Lake Oswego/West Linn	$538,600	235 days	-9.8%
West Portland	$402,300	175 days	-12.0%
NW Washington Co.	$358,700	158 days	-8.7%
Beaverton/Aloha	$241,600	122 days	-11.9%
Tigard/Wilsonville	$310,100	178 days	-10.3%
Hillsboro/Forest Grove	$232,600	140 days	-12.3%