September Market Report
September Residential Highlights
Comparing September 2010 to September 2009, closed sales decreased by 22.3%. Pending sales and new listings also fell by 30.7% and 1.4%, respectively. A comparison of September 2010 with the previous month, August 2010, shows closed sales increased by 1.3% (1,399 v. 1,381). However, pending sales dropped by 6.2% (1,584 v. 1,688), and new listings fell by 7.3% (3,549 v. 3,829). At the month’s rate of sales, the 14,714 active residential listings would last approximately 10.5 months.
Sale Prices
The average sale price for September 2010 declined 3.5% compared to September 2009. The median sale price also fell 0.6%. On a month-to-month basis, comparing September 2010 to August 2010, the average sale price went down 6.5% ($279,900 v. $299,300) and the median sale price also dropped 4% ($240,000 v. $250,000).
Third Quarter Report
In a comparison of the third quarter of 2010 to the same quarter of 2009, closed sales dropped 24.7% (4,340 v. 5,762) and pending sales also fell 26.5% (4,725 v. 6,428). However, new listings increased by 1.2% (11,582 v. 11,448).
Portland Ranks Best in the WORLD
Yes… in the WORLD!!! And not for something lame like “best place to live” or “most responsible”, Portland has the best FOOD CARTS in the whole WORLD!!!
A perfect storm of entrepreneurship, foodie culture and a an accommodating city created an evironment that now has over 500 food carts. The variety is quite staggering and it’s not just lunchtime. There are many great late-night options, not to mention breakfast.
http://www.kgw.com/news/business/Portland-food-carts-ranked-best-in-world-99018194.html
http://www.oregonlive.com/dining/index.ssf/2009/10/portlands_top_10_food_carts.html
http://www.portlandmonthlymag.com/eat-and-drink/articles/food-carts-0910/

PLEASE CHECK OUT OUR WEBSITE http//:www.TonyandLibby.com


Agent Profile
Tony and Libby Kelly, MBA, M.Ed. are ranked in the top 1% of REALTORS in Portland Metro. They have been featured on HGTV's "House Hunters" 3 Episodes & "My House is Worth What?" 4 Episodes. 
