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Ask Bill...
Quick Stats
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From my Chicago Tile friends, who sift this from the latest RMLS reports.
PORTLAND METRO
Single Family Residential
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53% were three-bedroom, avg price $251,737
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45% closed in 30 days or less
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18% closed in 121 days or more
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46% of buyers used conventional financing/32% used FHA
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Closings were up from last month by 2.9%
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Total dollar volume decreased by $118,000 from April
Condominiums
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10% sold were in the $200,000-$249900 range, avg price $244,721
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21% closed in 121 days or more
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40% closed in 30 days or less
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35% of buyers used conventional financing, 18% used FHA
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Closings were up 17.5%
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Volume increased more than $13 million from April
WASHINGTON COUNTY
Single Family Residential
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58% were three bedrooms, avg. price $241,505
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42% closed in 30 days or less
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17$ closed in 121 days or more
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50% of buyers used conventionalfinancing, 30% used FHA
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Closings decreased by about 1%
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Total volume decreased by about $10 million from April
Condominiums
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9% were in the $140,000-$159,999 range, avg.price $143,939
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40% closed in 30 days or less
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21% closed in 121 days or more
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33% of buyers used conventional financing, 37% FHA
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Closings incresed neaarly 18%
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Dollar volume increased by $1.5 million
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