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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Beaverton. Low interest rates with falling home prices makes a home purchase a great value! Call now for more information at 503-209-7355
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| Average Home Price | $425,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $500,000 - $549,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Beaverton is | Increasing |
| Seller Activity for the past 90 days in Beaverton is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | If the home is priced to SELL, has proper staging and is in a good location in wil sell quickly even in this down market! I have seen several multiple offer situations in the past 90 days. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 35-40% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Some parts of town qualify for 100% financing. There are also FHA loans available for only 3.5% down. Call me to find out more. |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Portland |
| Housing Hot Spots | Most cities within the Washington County area are considered ’Housing Hotspots’. These areas have excellent schools and great proximity to large companies such as Nike and Intel. They are also just a short drive to downtown Portland! |
| Average Sold Price | $425,000 - View Graph Trend |
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Steve Ticknor
Keller Williams Realty Professionals
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