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Steve Thoele's Blog

By Steve Thoele | Broker in Lake Oswego, OR

Monthly update on the Hillsboro real estate market for June 2012

The Hillsboro real estate market finished May with 90 closed sales, which is between the 95 & 79 closed sales recorded in the prior months of April and March respectively. Of the 90 closed sales in May, 32 were distressed properties (foreclosures/short sales) representing 36% of the closed sales for the month. As of the end of May, distressed properties accounted for 47% of the active listing inventory. There were 3 closed sales of homes valued at $500K or more during May and a total of 5 over the three month period of March – May. 

You can check out the remainder of this market update and an accompanying chart in my latest blog post by clicking here: Hillsboro real estate market update.  I welcome your questions or comments!

Steve Thoele, Principal Broker
Keller Williams Realty-Portland Premiere
503-680-2065 (cell)
Portland Oregon Real Estate Blog
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By Jeff Metcalf, REALTOR®,  Wed Jun 27 2012, 20:01
Thanks for sharing~

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