Portland Sales Volume Report | August 1st, 2010
776 homes were sold in Portland in June, down from 875 in May. I had predicted 700 sales and was happily surprised to see sales 10% better than expected.
Wild cards: June was better than expected but July showings were down as good weather finally came to Portland and people headed out of town for summer vacations.
I’m predicting around 650 closed sales in Portland (RMLS areas 141, 142, 143 & 148) in July. Seasonally speaking, average prices generally start to drop after the summer peak, bottoming out in winter, with sales slowing I expect this trend to begin.
PORTLAND sales volume 080110
You can follow any responses to this entry through the RSS 2.0 feed.
Keller Williams Realty – Portland Central : 700 NE Multnomah, Suite 950, Portland OR 97232.