Portland Market Report

Portland Market Report for September and 1^st 3 Quarters

Residential

September

Active Listings - 60
New Listings - 10
Deposits - 5
Closed - 4
Average Sale Price - $285,500
SP/SqFt - $131.17
DOM -60

1/1/2008 - 9/30/2008

Closed - 63
Average Sale Price - $274,058 Median Sale Price - $255,000
SP/SqFt - $157.91
DOM - 62

1/1/2007 - 9/30/2007

Closed - 72
Average Sale Price - $270-652 Median Sale Price - $258,000
SP/Sq.Ft - $150.84
DOM - 61

Overall sales are down by 12.5%. Average sale prices are up by 1.3%, but median sale prices are down by 1.2 %. Again Portland seems to be holding its own with no major changes in prices.