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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 August 2012

The Hillsboro real estate market finished July with 95 closed sales, which is between the 124 & 93 closed sales recorded in the prior months of June and May respectively. Of the 95 closed sales in July, 36 were distressed properties (foreclosures/short sales) representing 38% of the closed sales for the month. As of the end of July, distressed properties accounted for 44% of the active listing inventory. There were 2 closed sales of homes valued at $500K or more during July and a total of 6 over the three month period of May – July. 

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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