Thursday, April 08, 2010

PDX Metro Real Estate Stats - February 2010

Portland Metro Real Estate Stats


February 2010

Single-Family Homes (Residential)


* 51% of homes sold were 3 bedroom- average price was $234,750

* 31% closed in 30 days or less

* 26% closed in 121 days or more

* 43% of buyers used conventional financing / 29% of buyers used FHA financing

* Closings were up from January a little more than 4% (929 v. 890)



Condominiums



* 20% sold were in the $200-249k range- average price $255,286

* 37% closed in 121 days or more

* 28% closed in 30 days or less

* 44% of buyers used conventional financing / 20% of buyers used FHA financing

* Closings were down from January by a little more than 12% (86 v. 109)



Stats were provided by RMLS, Home Sales Report, February 2010