Homes prices reaching a bottom?

Market    Median price        Price change                     Inventory
                                          (7/07' - 7/09')

--------   ----------------         --------------------------     ---------------

W Pdx     $355,000                -6%                            9.8 months

N Pdx      $230,000                -8%                            5.1 months

NW         $349,900                -8%                            5.7 months

NE Pdx    $255,000               -9%                             5.1 months

Mil/Clack $265,000               -12%                           6.8 months

SE Pdx     $219,000              -13%                            5.2 months

Beav/Aloha $227,500            -13%                            5.3 months

Hills/F Grove $231,000          -14%                            6.7 months

Tigard/Wilsonv $290,000       -15%                            7.4 months

L Oswego/W L $386,300        -17%                          11.6 mnths

Gresham/Troutd $214,000       -18%                           8.6 months

O City/Canby     $249,900       -18%                           9.1 months


Source: Regional Multiple Listing Service *Median price on sales made from Jan to July 2009
NOTE: many consider 6 months inventory a neutral market ... less than 6 months = seller's market and more than 6 months = buyer's market