For the record--a lot of Orenco Station-area homes changed hands in the last month or so, including (especially) some that had been on the market a really long time.  IMHO, the impending end of the federal tax credit spurred a lot of buyer activity, and we're already feeling something of a slowdown as April 30 approaches.

People buying a home must be under contract by April 30 and close escrow by June 30 to be eligible for the credit.  For those buying (and really, selling) a home--be sure those contingencies are gone. IRS rules say "non-contingent contract).

Statistics (from Chicago Title and RMLS):

For single family detached homes: Average price was $249,047. That's quite a drop, but keep in mind that the numbers are weighted to first-time buyers, who buy lower-priced homes. For financing, 44% of buyers used conventional financing and 32% used FHA.

Condos: Average price, $216,910. And 37% of buyers used conventional financing, with 19% using FHA. Keep in mind that most condo projects are not FHA approved.

Short sales and bank-owned properties have a negative impact on pricing.