Portland, OR Metro Market -- Supra Lockbox Activity 10/25/09

Portland, OR Real Estate

Supra Lockbox Activity, week ending Oct. 25, 2009

The lockbox is the magic access key that allows agents to open the doors on listed property. It also keeps statistics, and as you can see, there has been a 15.4% DECREASE in activity, and this includes Portland, OR real estate activity.

This is the THIRD WEEK showing a marked decrese. Last week there was a reported -5.5% DECREASE. Week prior, ending 10/11/09 was also down -10.4%.

Now with the cooler months of fall, going into the colder months of winter, will lock box activity continue to decline? It will be interesting to follow the Portland, OR real estate trend with showings going up, or down?

BUYERS: What that means for you . . . the properties you have interest in might not have the level of activity as expected. These showings are for the RMLS Supra lockbox in the state. The Portland, OR real estate market might have slightly higher levels of activity.

SELLERS: Check and see with your listing agent if the STAT above, of -5.5% decrease is holding true with your property. Are you getting any more showings, or has activity level dropped??