September Yawn

Posted on October 5, 2008
Filed Under Portland, Selling Real Estate, Buying Real Estate, Real Estate |

Almost entirely as expected.  Sales down (roughly) 20%; median price now down 10% from peak to $270k, lowest since October, 2006; MSI staying at 9.9 months.  Biggest surprise to me:  Homes going under contract were only down 2%.

sep-08-med-price-1.jpg

I still think we’ll need to get to ~ $250k to see an uptick in sales.

sep-08-sales-1.jpg

As always: click on the graph for a two page PDF.

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2 Responses to “September Yawn”

  1. September Yawn · Real-Estate-Investing.ExplainedOnline.Net on October 5th, 2008 4:32 pm

    […] Original post by RE CONVERSATION […]

  2. September Yawn · Real-Estate.ExplainedOnline.Net on October 5th, 2008 4:57 pm

    […] Original post by RE CONVERSATION […]

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