Gladstone, OR

The median list price in GLADSTONE,OR this week is $254,900. The 39 properties have been on the market
for an average of 146 days.

Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market.

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices
are not yet moving higher as excess inventory is consumed. However, the as supply and demand trends
continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

Prices continue their climb again this week. We're a long way from the market's price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

If you'd like a detailed view of your city, just contact me and I'd love to give you some statistics!

Property website: www.1LevelHome.com

Cute one level home in Gladstone Oregon with new exterior windows, paint, trim, built-in's, fully updated kitchen, bay window and flowing hardwood floors you're sure to love. Fenced lot with gated entrance, roomy porch deck and much more. Great home - great value... This is the perfect first-time home buyer opportunity!

Contact Jason Gardner with Gardner Team Real Estate at 971.832.1234 for a personal showing of this home in Gladstone today!

Have a safe and enjoyable Halloween this year, and come visit our wonderful little community!

The Gladstone Fire Department will be hosting an open house on October 31st from

6:00-8:00 p.m.for your trick-or-treaters to stop by for treats and a tour of the fire

station and vehicles. Come visit, let the kids meet the firefighters and honk the horns and have some fun! The Gladstone Library will also stay open until 7:00 p.m. on

Friday, October 31st so kids and parents have an additional safe

place to trick or treat on Halloween. Come visit before or after

you visit the Gladstone Fire Station open house!

The Gladstone Fire Station is located at 555 Portland Avenue, next door to City Hall