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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 July 2012

The Hillsboro real estate market finished June with 122 closed sales, which is up from the 90 & 96 closed sales recorded in the prior months of May and April respectively. Of the 122 closed sales in June, 34 were distressed properties (foreclosures/short sales) representing 28% of the closed sales for the month. As of the end of June, distressed properties accounted for 45% of the active listing inventory. There was 1 closed sale of homes valued at $500K or more during June and a total of 6 over the three month period of April – June. 

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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