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Early Look at August Statistics – Sales Down, Median Flat
An early sampling of RMLS statistics for August 2009 will show the median sale price for a home in Portland remained flat for the 4th consecutive month at ~$249,000. While the median price has been stable throughout the year, the average sale price has bounced around some and will come in around $296,000 for August.
Total unit sales were down 12% from July’s high water mark for 2009, but were pretty even with with August 2008.
The RMLS official reporting is usually out around the 15th, so come back for a breakdown by market area and some comparisons to prior periods.
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