Tigard Home Sales February 2011

Tigard Home Sales February 2011

single family homes – compared to Feb. 2010

  • average sold price $313,703.00 – down 5.1%
  • Days on Market 236 – up 30%
  • active listings 53 – down 34%
  • 22 homes were sold – down 33%
    • 10 were in the $200,000 to $300,000 range
    • 8 were in the $300,000 to $400,000 range
    • 4 were in the $400,000 to $500,000 range
  • 59% of the homes sold were short sales (3) or bank owned properties¬†(10)

All information is deemed accurate but is not guaranteed.

Real estate activity in Tigard Oregon for the month of February was quite low. People still need jobs and Banks have too many foreclosures. When these two conditions improve, the real estate market will improve because there is much pent up demand for housing. This should be the last big year for foreclosures because the peak of people needing to refinance their interest only loans will pass.

Wayne Pruner is a Realtor in Tigard Oregon. I am ready to help you save money when you buy or sell your home. My direct phone number is 503-891-0795 and my email is waynepruner@oregonfirst.com.

Licensed in the State of Oregon

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