Troutdale Real Estate Market | Oregon
July 2nd 2010
This Week in Troutdale Oregon.
The median list price in TROUTDALE, OR this week is $229,900. The Market Action Index has been trending down lately, while homes for sale inventory and days-on-market are climbing. The trends imply a weakening market.
Troutdale Oregon Housing Market
Troutdale Real Estate Supply and Demand
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Troutdale OR Realtors
7-Day Rolling Average 90-Day Rolling Average Buyer/Seller Cutoff.
The Market Action Index answers the question Realtors are asked: “How’s the Market?” By measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions which would most likely result in fewer short sales and foreclosures. Below 30, conditions favor the buyer and Exclusive Portland Real Estate is here to help with Gresham and Fairview as well.
Troutdale Oregon Real Estate Market
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
Tags: Gresham Oregon Real Estate, Troutdale ORegon, Troutdale Oregon Real Estate, Troutdale Oregon Realtors
