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Steve Thoele's Blog

By Steve Thoele | Broker in Lake Oswego, OR

Monthly update on the Oregon City real estate market for August 2012

The Oregon City real estate market finished June with 55 closed sales, which is down slightly from the 57 & 59 closed sales recorded during the prior months of May and April respectively. Of the 55 closed sales in June, 12 were distressed properties (foreclosures/short sales) representing 22% of the closed sales for the month. As of the end of June, distressed properties accounted for 27% of the active listing inventory. There were no closed sales of homes valued over $500K during June and a total of only 3 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: Oregon City 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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