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